Personal finance

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/Personal finance

Microsoft kills off Money

In the face of increasing competition from banks, brokerage firms and dedicated Web sites, Microsoft is scrapping its Money personal finance management software.

/Personal finance

P2P micro-lending site Kiva opens up to US borrowers

Kiva, an online person-to-person micro-lending outfit that enables people to make loans to entrepreneurs and small businesses in the developing world, is opening up to credit crunch-hit American borrowers.

/Personal finance

Intuit to acquire PayCycle for $170 million

Intuit is to acquire US online payroll outfit PayCycle for $170 million in an all-cash transaction.

/Personal finance

Personal finance start-up Rudder suffers security lapse

Houston-based personal financial management start-up Rudder has inadvertently exposed the private account details of hundreds of individuals to other users of the site.

/Personal finance

T Rowe Price and Walt Disney team on financial education for kids

Baltimore-based investment management firm T Rowe Price has partnered Walt Disney to launch an online financial education board game for children as well as an exhibit at the entertainment company's resort in Florida.

/Personal finance

Prosper shuts down again

US person-to-person loan exchange Prosper has shut down operations again, just a couple of weeks after coming out of an enforced six month spell on the sidelines.

/Personal finance

Intuit launches Quicken iPone app

Intuit has added a free iPhone and iPod touch version of its Quicken personal finance tool to the Apple app store.

/Personal finance

Wesabe signs first credit union to Springboard money management platform

Delta Community Credit Union has become the first financial institution to sign for the new Web-services-based version of Wesabe's money management site.

/Personal finance

Wesabe launches iPhone money management app; taps GPS for merchant entry

Online personal finance outfit Wesabe has launched a free application that lets users track and manage their money with an iPhone or iPod Touch.

/Personal finance

Arizona State CU launches social media site for recession-hit members

Arizona State Credit Union has launched a social media site where people hit by the recession can share information and advice.

/Personal finance

Intuit targets India with new global business unit

US financial management software firm Intuit has outlined plans to develop and sell products specifically aimed at the fast growing Indian market.

/Personal finance

Lending Club raises $12m funding

US person-to-person (P2P) network Lending Club has raised $12 million in a series b funding round led by Morgenthaler Ventures.

/Personal finance

Wesabe launches money management platform for banks

Personal finance site Wesabe has launched a Web-services-based version of its money management platform for banks and credit unions.

/Personal finance

Bank auction site MoneyAisle cashes in as Americans shop around

US bank account auction marketplace MoneyAisle says it generated over $100 million worth of certificates of deposit and high-yield savings deposits for financial institutions in the fourth quarter of 2008 as Americans concerned by the economic crisis seek out competitive rates.

/Personal finance

Tesco wins approval for RBS buy-out; poaches Rowe to head marketing

UK supermarket Tesco has received full approval from the Financial Services Authority for its takeover of the chain's personal finance arm, and poached retail banking chief Paulette Rowe from former partner Royal Bank of Scotland to head its marketing operations.

/Personal finance

Intuit launches online personal finance forecasting tool

Intuit has launched a forward looking version of its money management software Quicken Online, so users can track their spending ahead of time.

/Personal finance

Cantor speculates on box office entertainment

Cantor Fitzgerald has filed an application with regulators to launch an exchange that will allow users to hedge and speculate on the financial performance of movies.

/Personal finance

Nationwide and Visa partner on money management Website

Visa is to develop a bespoke version of its Better Money Skills financial education Website for the UK's Nationwide, as banks adjust their strategies for an economic downturn and seek to deploy online tools that can help customers suffering financial hardship.

/Personal finance

Origo to pilot secure e-mail service for life assurance industry

Origo, the technology standards body for the UK life assurance industry, is partnering with IFA portal Sesame, Norwich Union and Skandia to pilot a secure e-mail service for the exchange of confidential business documentation.

/Personal finance

M-banking network Monilink sees surge in account enquires as crunch bites

Monilink, the UK mobile banking network launched by Morse spin-off Monitise and VocaLink, says it processed over one million account enquiries in October as customers feeling the economic downturn keep a watchful eye on their money.