In the latest of a steady stream of bank peace-offerings, Microsoft announced the decision to eliminate fees previously charged banks to connect to customers via the Money personal financial management software product.

The move, according to Microsoft business development manager Matt Cone, is basic common sense. As more banks offer remote banking transactions via the Web-requiring only a standard Web browser on the consumer end-more of the consumers who begin using Money will do so as an extension of existing banking functionality. "It's hard to justify that now an institution should pay ten to fifteen dollars a year per customer simply because that customer decided to upgrade to a more feature-rich product," says Cone.

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