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iBank developers to expand to iPad with iBank Access

updated 09:00 pm EST, Wed February 8, 2012

Developers tease new auto-updating feature

IGG Software, which is planning to release a version of its iBank financial software for the iPad sometime later this year, has teased a new feature of the unreleased app on its developer blog. The product now has a name -- iBank Access -- and will feature a new optional service to automatically keep bank records and the app in sync every time the app is launched. The new feature, which expands the number of institutions available, will be available by subscription.

The personal financial software iBank is already available as a standalone Mac application and a companion iPhone app, but the new iPad version will be able to operate in either mode. For those who want to use it as a standalone program (without the accompanying Mac app), the monthly subscription for automatic syncing will be available for "about the price of a fancy cup of coffee," wrote developer Ian Gillespie (final pricing for either the app or the subscription has not been set). Users who manually import their transactions or sync from the Mac app will not pay any fee.

The new service will dramatically widen the number of banks, credit unions and other financial institutions available to iBank users to over 5,000, though it may still not work with every bank. Users with banks that support the OFX standard can also continue to use that option.

The program has largely been built by veterans from Intuit, the makers of Quicken who have had a spotty, on-again-off-again relationship with the Mac and iOS market. Intuit is presently planning to upgrade Quicken 2007 to make it Lion-compatible, which should be released on or around tax time. The iBank program has emerged as one of a handful of popular alternatives for people who can't find what they want from Quicken.

The iBank developers also say they will be adding iCloud syncing compatibility into forthcoming editions, and maintaining Mobile Me iDisk compatibility until the service goes offline in June. IGG Software hopes to have the finished iBank Access for iPad out sometime during the summer.











by MacNN Staff

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Comments

  1. gadgetguy

    Joined: Dec 1969

    +1

    Finish iBank First Please!

    As a user of iBank 4 I'd really like to see some of the bugs worked out of iBank and some feature requests implemented before the iPad version is released. Currently Quicken 2007 has you beat for ease of report generation and some investment features. Could we please get what we paid for?

  1. bogmonster

    Joined: Dec 1969

    -1

    This vs mint.com?

    What's the difference between this and the free iPad app already available from mint.com? I get automatic downloads when I log in and the data is the same regardless of the machine I'm on. Used to use wesabe religiously and was sad to see it go.

  1. testudo

    Joined: Dec 1969

    0

    Re This vs. mint.com

    Well, it depends if you really want your data in intuit's hands.

  1. testudo

    Joined: Dec 1969

    -2

    Re: Finish

    As a user of iBank 4 I'd really like to see some of the bugs worked out of iBank and some feature requests implemented before the iPad version is released. Currently Quicken 2007 has you beat for ease of report generation and some investment features. Could we please get what we paid for?

    You paid $50 for a financial app, in which you could test out before you bought. So, in effect, you got exactly what you paid for.

    And you say it has issues, then compare it to Quicken 2007, a program known to have issues for years which never get fixed because the company doesn't support the Mac. The company that decided to throw all it's users under the bus and come out with a new version of the software less capable than the previous one (man, it's like they're apple!).

    I guess you'd prefer to use Quicken 2007, even though Intuit may cut off online banking at any point they decide they don't like it. Plus the app itself is no longer supported, doesn't run under lion (which isn't a big deal unless you want to get a new mac).

  1. efithian

    Joined: Dec 1969

    0

    iBank

    A welcome addition for iBank. I use it with 15 or so accounts including investment, checking, savings, credit cards. Works well, although reports could be vastly improved. If you are connected with the education business, you can get it for a substantial discount if you email them.

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