Finicity Partners Integrates Myelopes Fiancial Management Technologies with Fa-cio [Manufacturing Close – Up]

Proquest LLC

Finicity, creator of Mvelopes budget management product, announced complete integration of Mvelopes financial management technologies within Fa-cio, a new service offered by Intersections Insurance Services Inc., provider of membership services and insurance products and subsidiary to Intersections Inc.

According to a release, built upon the success of the envelope budgeting system, Mvelopes takes a proactive approach to personal finance and helps consumers take control of their biggest financial challenges. As part of the Fa-cio service, customers and their families will now have access to multiple tools and resources to help them manage their financial needs, obtain legal information and much more.

"While other personal finance tools offer useful information on past spending, Mvelopes drives members to stay within the budgets they developed in support of their financial goals," said Joe Vacca, President of Partner Solutions, Intersections Inc., IISI's parent company. "Personal finance can be complicated and a key component of Fa-cioSM is there to help consumers better understand their financial outlook and offer them the necessary tools to keep them on track. We are proud of our leadership in the identity theft protection industry and are glad to include the Mvelopes benefit and partner with Finicity to roll out such a unique product."

Recently selected by Kiplinger's Personal Finance Magazine as the 'Best Budgeting Solution for Over-Spenders', the company noted, Mvelopes finance management allows American families to use a budgeting system to better their lives. Its online money management tools as well as its Mobile Budgeting apps for on-the-go users are well-recognized by banking institutions, media outlets and consumers across the U.S.

"Financial instability is a source of stress for millions of Americans. It can divide families and strain relationships," said Steven B. Smith, CEO of Finicity. "Major financial stressors can range from credit issues, lack of money or poorly budgeted funds. Our partnership with Intersections Insurance Services Inc. and integration with its Fa-cioSM service incorporates valuable components of families' overall financial security into one, easy- to-use service."

Finicity is an Internet and mobile software services company specializing in personal financial productivity applications.