It was recently announced that Intuit, owner of Quicken, purchased Mint.com for an undisclosed amount. The speculation was that Intuit would close down Mint and force users onto Quicken Online. However, the opposite has proven to be the case.
Intuit announced that current Quicken Online users will be migrated to Mint. In six to nine months, the Quicken service will be discontinued. Mint CEO Aaron Patser said that with the Quicken Online customers, two highly sought after features might migrate to Mint as well, item reconciliation and uncleared check entry.
This is good news for Mint.com lovers, like me, is that the site will definitely be sticking around and improving as time goes on. If you are not familiar with aggregators, you should probably read about the next generation of online banking. [Lifehacker]
