Intuit's '96 'Quicken' to offer access to personal-finance site on Internet

Article Abstract:

Intuit announces an agreement with Concentric Communications that will allow users of the Quicken for '96 personal finance software to access the Internet. Quicken has over 8 million users, and Intuit estimates that only 25% of Quicken's users have on-line accounts and a mere 2% have Internet accounts. Quicken for '96 includes a button that users click on to reach Intuit's site on the World Wide Web. Using the integral Netscape browser, users can find personal-finance tips, order Intuit software or view on-line bank offerings. The connection to the Quicken site is free, but users can set up an account with Concentric to buy access time for $1.95 a month, with one hour of access included. Intuit believes the the offering will encourage users to buy services from the company's banking partners. Intuit wants to meld software's graphics capabilities with the rapid updates available on the Internet.

Financial & Acctg Software Pkgs, Marketing, Financial software, Distribution, Company marketing practices, Personal finance software, Internet access, Intuit Inc., INTU, Cooperative agreement for product distribution, Company Business And Marketing, Company Distribution Practices, Concentric Communications Corp., Quicken 96 (Personal finance software)

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VeriFone and Netscape plan software to ease Internet credit-card payments

Article Abstract:

VeriFone and Netscape Communications agree to codevelop software intended to increase the security of Internet-based credit-card transactions for banks and corporations. VeriFone processes approximately 66% of all global credit-card payment transactions, and Netscape is the most popular Internet-based software company, making the alliance a formidable one to competing interests. Expected in Oct 1996, the software should provide for electronic-commerce capability between shoppers and merchants despite the banking origin of the credit-card. The software will be used in conjunction by banks and Web-merchants, creating an infrastructure similar to VeriFone's existing system. The software will also support the expected Internet encryption-technology standard to be issued by the Visa and MasterCard security consortiums.

Communications Software Pkgs (Micro), Planning, Software, Product development, Electronic commerce, E-commerce software, E-commerce, Netscape Communications Corp., NSCP, Company product planning, Cooperative agreement for product development, Alliances and partnerships, VeriFone, VFIC

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