Microsoft has launched its new Money Explorer product with BankOne as the first customer.
“Under the terms of the agreement, Bank One will release Bank One MoneyManager, its own private-label version of Money Explorer designed to give consumers unprecedented control of their finances by bringing their financial accounts together in one location. The software allows Bank One customers, through current user IDs and passwords, to automatically retrieve and consolidate financial information from bank accounts, loans and investment accounts from more than 2,000 financial companies. The software also helps consumers maintain accounts, pay bills, and create budgets and financial forecasts.”