We have received a significant number of requests from our customers indicating they want to be able to upload/integrate their SmartyPig account into their preferred financial money management site. Well, starting today you can! SmartyPig now integrates with sites like Mint, Wesabe, Yodlee, Buxfer, Thrive, MoneyStrands and Microsoft Money. Geezeo and Rudder are coming soon.
There were two ways we could have integrated with these online money management sites. One would be to allow these sites to “screen scrape” – a technique in which a computer program extracts data from the display output of a Web page. The key element that distinguishes screen scraping is that the output being scraped was intended for display to an end-user, rather than as input to another program.
The other method would be for us to invest in an OFX (Open Financial Exchange) solution, a unified specification for the electronic exchange of financial data between financial institutions, businesses and consumers via the web. With more than 5,500 financial institutions using OFX, the specification is the most widely adopted open standard for the exchange of financial information between consumers and financial services providers.
We chose to invest in an OFX solution with one of the industry leaders in OFX technology, Access Softek out of Berkley, California.
At SmartyPig we recognize how important it is to securely manage your finances, set goals and help change the mindset of “buy now, pay later.” And being able to aggregate all your accounts in one place is a critical step in taking control of your finances.
Did we miss integrating with your money management site? If so, please let us know!
Mike Ferrari, co-founder
Today we rolled out some new features on SmartyPig. We\’ve heard from many of you over the past few months that you would like to be able to visualize your account goals, so we added a new section in your account called \”Visualizer\”. You can now easily chart your goals and see a detailed breakout of your funds broken out by your deposits, gifts from others and interest paid. We believe this is just the beginning and are anxious to hear what you think.
We\’ve also added a new \”Features\” page in the \”About\” section that will highlight new features as we roll them out in the future.
And lastly, many of you have suggested it would be nice to see when your next monthly contribution will be initiated. You can now locate this information in the goals detail section of your account.
In 1st quarter of 2009, we will be rolling out a new mobile application and we wanted to give you a sneak peek so here you go! And yes, very soon your SmartyPig account will integrate with sites like Mint, Geezeo, Wesabe, Rudder, Yodlee and more…
Thank you to everyone for making 2008 a terrific year at SmartyPig. We are looking forward to 2009 and with your help, suggestions and feedback, we will continue to improve upon what we believe is the simplest and most rewarding way to save.