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In 2012, Quicken for Mac 2007 on Intel was released. [28] Intuit decided to start from scratch and Quicken Essentials for Mac (QEM) was created in 2010. [29] Quicken 2015 for Mac, released in August 2014, and later versions for Mac are built on the Quicken Essentials for Mac foundation. These newer versions of Quicken for Mac use an SQLite ...
iBank 4 was updated to be compatible with Mac OS X 10.7. Some iBank 4 features included Direct Connect (downloads from online accounts), iPhone sync, MobileMe compatibility, interactive charts, multiple currencies, a budget monitor, check printing, loan and portfolio management, smart accounts, TurboTax exporting, and Quicken importing.
Quicken's proposed replacement for the QIF format has been the proprietary Quicken Web Connect (QFX) format. It is commonly supported by financial institutions to supply downloadable information to account holders, especially by banks that support integration of Money or Quicken with their online banking.
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QFX is a proprietary variant of OFX used in Intuit's products. In Intuit products, OFX is used for Direct Connect and QFX for Web Connect. Direct Connect allows personal financial management software to connect directly to a bank OFX server, whereas in Web Connect, the user needs to log in and manually download a .qfx file and import it into Quicken.
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