Monday, September 22, 2008

Mint.com : personal finance


Wrote to www.Mint.com :

Please forward to Mint headquarters:

a)Mint has access to personal financial data of its customers. It can now provide ability for folks to write applications that mint users can add (similar to facebook applications), for various purposes: for example if mint user is at grocery store or gas station, the application tells them which credit card to use for that purpose, to maximize user rewards, etc. Similarly, it can flag to user which bank accounts might have low APR and to use those for paying off credit card etc. So, mint can provide an API which financial programmers can use to develop such applications.

b)

Mint has access to personal financial data of its customers. It can now allow third party financial planners, to view this information, and provide value-added financial advice to customers. Mint, instead of just providing automatic personal finance recommendations (which might be a little early for its time), can also use the human approach to help its clients, then use that knowledge to automate the recommendations.

Thanks, Avinash

Published at http://people20.blogspot.com/

Thanks, Avinash
http://www.mint.com/contact.html


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