Finicity Partners With Intersections Insurance Services Inc. as the Budget Tool Provider for “Fa-cio(SM)”

SOUTH JORDAN, Utah, May 23, 2013 /PRNewswire/ -- Finicity, creator of Mvelopes budget management product, today announced complete integration of Mvelopes financial management technologies within Fa-cio^SM, a new service offered by Intersections Insurance Services Inc. (IISI), provider of membership services and insurance products and subsidiary to Intersections Inc.

Built upon the proven 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^SM 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-cio^SM 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', Mvelopes finance management allows American families to use a proven 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-cio^SM service incorporates valuable components of families' overall financial security into one, easy-to-use service."

About Finicity
Finicity is an award-winning Internet and mobile software services company specializing in personal financial productivity applications. For more than a decade, its flagship Mvelopes has helped hundreds of thousands of users regain control of their finances with its digital application of proven envelope budgeting principles. Now the leading personal envelope budgeting solution on the market, Mvelopes has been honored with a PC World 2006 World Class Award, was named one of "The 100 Best Products of Year" by PC World's editors, was recognized as one of "The 4 Best Money Managers" by Success Magazine, and was recently selected by Kiplinger as the 'Best Budgeting Site for Over-Spenders'. Founded in 1999, Finicity is privately held, with headquarters in South Jordan, Utah. Find more information online at www.mvelopes.com.

About Intersections 
Intersections Inc. is a leading provider of consumer identity risk management services.  Intersections provides various levels of service to more than 8.0 million consumers.  Those services are offered through North America's leading financial institutions and directly to consumers under Intersections' award-winning Identity Guard^® brand. Since 1996, Intersections has protected the identities of more than 35 million consumers.

SOURCE Finicity