Are
you familiar with eBalance? eBalance, Inc., provides real-time data
collection—consumers can manage investments, purchases, and reach
established destination sites through an easy-to-use interface, with
report writing and transaction record retention.
eBalance collects financial data from banks, mutual funds, stock accounts,
and other locations, and moves it into a single, secure database where
users can consolidate it, access online service providers, and interact
with the information at their own pace from any location with Web access.
“eBalance has taken account aggregation to a significant level by
allowing consumers to interact with all of their financial information on
one site,” said H. Thomas Carter, U.S. Bancorp Piper Jaffray’s
research analyst for electronic commerce. “Because users can categorize,
retrieve, and run reports on all of their finances, eBalance serves as a
platform for a variety of applications, including tax filing and financial
planning. This innovation creates a foundation on which consumers can
understand their financial situation in a simple, convenient, and
effective way.”
Recently eBalance introduced Version 2.0 of its Web-based personal finance
solution, providing consumers with an intuitive interface and real-time
access to account information from the most financial institutions of any
solution in the industry.
Version 2.0 builds upon the original eBalance solution, which was
introduced in the last quarter of 1999 to enable consumers to manage their
investments, purchases, and financial assets over the Web. eBalance is
working with a blue chip list of partners and affiliates—including
Bankrate.com, News Alert, and Dollar Stretcher—which is growing monthly.
“eBalance provides users with a complete look at their financial
position, including updated transactions that can be accessed in real
time, reviewed, and consolidated immediately,” said Myles Suer, eBalance
president and CEO. “We also let users add to or edit information,
reconcile data, and write reports, which no aggregator does. This
integrated financial suite raises the bar further by dramatically
simplifying the account setup and management process. Our new account
support section allows users to dynamically connect with online financial
institutions anywhere in the process. This unique access as well as our
simplified navigation will make online financial services attractive to a
larger audience.”
Other financial aggregation sites only provide basic balances or other
temporary account information—from a very limited list of sources. In
contrast, eBalance provides individual account and transaction data from
more than 1,300 financial institutions including American Express, Bank of
America, Chase, Citibank, Wells Fargo, and other leading organizations.
eBalance, Inc., was founded in 1999 by a team of financial and
communications industry veterans who bring a broad range of management,
marketing, and software and hardware technology experience together.
CrossCheck, Inc., is among the investors in eBalance. eBalance delivers
through partner destination sites products and services that let consumers
manage their financial resources over the Internet. For more information
about eBalance, or to sign up for its services, visit www.ebalance.com
or call (925) 904-2003.
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