Integrion Network to Integrate Intuit's Quicken

Integrion Financial Network and Intuit Inc. have agreed to incorporate Intuit's Quicken software into Integrion's home banking network.

Integrion, which is owned by International Business Machines Corp., Visa U.S.A., and 18 banks, is creating a network that will act as a pipeline for home banking transactions.

Adapting Quicken will free Integrion banks from having to support a network link to Intuit for Quicken transactions.

Integrion's network already supports Microsoft Corp.'s Money and Meca Software's Managing Your Money.

The joint development effort shows progress toward the creation of a single home banking technical standard.

Integrion promotes a standard it created called Gold. Intuit, Microsoft, and Checkfree Corp. support a competing protocol called the Open Financial Exchange.

"We view the connectivity between Intuit and Integrion as a first step of developing better relations," said William H. Harris, executive vice president of Intuit.

"The long-term goal is to converge Gold and OFX.

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