Intuit to Help More Financial Institutions Meet Americans` Online Financial Management Needs

Digital Insight Expands Availability of FinanceWorks
CALABASAS, Calif.--(Business Wire)--
Eighty percent of Americans say their bank or credit union`s online channel is
the best place to manage their finances. But only 27 percent of Americans do
that. And typically, they`ll say that`s because the banks and credit unions
don`t offer an easy-to-use solution. But things are beginning to change.

More than 400 financial institutions have turned to Digital Insight, the
financial institutions division of Intuit Inc (Nasdaq:INTU), to help them
provide a better online financial management experience over the past year. And,
now even more banks and credit unions can do the same.

FinanceWorks, Digital Insight`s online financial management solution, is now
available to banks and credit unions that don`t use Digital Insight`s Internet
banking platform.

"Consumers and businesses are looking for help, and financial institutions have
an unprecedented opportunity to be the primary online destination that meets
their needs," said Sasan Goodarzi, president of Digital Insight. "Broadening the
availability of FinanceWorks will help more banks and credit unions provide the
online financial management capabilities that can position them for growth."

Financial institutions offering FinanceWorks have already found that providing
online financial management capabilities can deliver tangible business benefits
to banks and credit unions. Data on early FinanceWorks users indicates they:

* Are up to four times more profitable than the average bank or credit union
customer. They have twice as many accounts, nearly 30 percent higher loan
balances, and tend to have higher incomes.
* Log in to online banking twice as often as active online banking users, and
are more active online bill payers (61 percent vs. 41 percent of online
bankers).
* Are so highly satisfied with the online financial management experience that
78 percent would recommend their financial institution based on the solution.

"Americans want to have greater control over their finances, and banking
customers will look elsewhere for the tools they need if their financial
institution doesn`t offer easy-to-use online financial management tools," said
Mark Schwanhausser, multichannel financial services analyst at Javelin Strategy
and Research. "No one is in a better position than banks and credit unions to
help customers securely monitor their finances, move their money - and become
the customer`s trusted financial advisor."

About FinanceWorks

Powered by Quicken, the award-winning FinanceWorks gives users greater
visibility and control over their financial decisions by accessing account
information from more than 12,000 financial institutions and credit card sites.
With this aggregated information automatically organized and illustrated, users
get an easy-to-understand view of their cash flow and spending habits. They are
empowered to manage their budget based on their complete financial picture and
determine payment strategies for their upcoming bills. Users can also categorize
personal and business expenses, get an income/expense report and receive alerts
about their financial status via e-mail.

Product Availability

Financial institutions can obtain further information about providing
FinanceWorks by contacting Digital Insight at 1-888-344-4674 (option 6) or
sales.operations@digitalinsight.com.

Additional Resources

Survey Data: Digital Insight`s Second Annual Online Financial Management Survey

Multimedia: FinanceWorks Demo

Suggested Link: FinanceWorks on Twitter

About Intuit Inc.

Intuit Inc. is a leading provider of business and financial management solutions
for small and mid-sized businesses; financial institutions, including banks and
credit unions; consumers and accounting professionals. Its flagship products and
services, including QuickBooks, Quicken and TurboTax, simplify small business
management and payroll processing, personal finance, and tax preparation and
filing. ProSeries and Lacerte are Intuit's leading tax preparation offerings for
professional accountants. The company`s financial institutions division,
anchored by Digital Insight, provides on-demand banking services to help banks
and credit unions serve businesses and consumers with innovative solutions.

Founded in 1983, Intuit had annual revenue of $3.2 billion in its fiscal year
2009. The company has approximately 7,800 employees with major offices in the
United States, Canada, the United Kingdom, India and other locations. More
information can be found at www.intuit.com.

About Digital Insight

Digital Insight is the leading outsourced provider of online banking services to
mid-market banks and credit unions in the United States. The company's extensive
portfolio of on-demand applications includes consumer and business Internet
banking, online lending, electronic bill payment and presentment, Web site
development and hosting, marketing programs designed to help increase online
banking end user growth, and more.

Intuit, the Intuit logo, Digital Insight, and FinanceWorks, among others, are
registered trademarks and/or registered service marks of Intuit Inc. in the
United States and other countries. Other parties' trademarks or service marks
are the property of their respective owners and should be treated as such.

Intuit Inc.
Chris Repetto, 650-944-2641
Chris_Repetto@intuit.com
Tobin Lee, 818-878-6048
Tobin_Lee@intuit.com

Copyright Business Wire 2009