Atlanta-based First Data Corp. said it is integrating the personal financial management solution from MoneyDesktop of Provo, Utah, into its online banking offering.
The PFM solution will be available to users of First Data Online Banking and FundsXpress fx eBanking beginning this summer, the companies said.
MoneyDesktop’s PFM includes budgeting and debt management tools and account aggregation from more than 10,000 financial institutions.
“To retain existing customers and attract new ones in the world of universal commerce, financial institutions must keep their online self-service channels up-to-date with the latest features and tools,” said Russell Randolph, senior vice president and global product leader for Network, Debit and ATM Solutions at First Data.
First Data joins the more than 260 credit unions and 21 online banking, core and card processing operations that have already partnered with MoneyDesktop, the Utah company said.
