Intuit, maker of popular finance tools (i.e. Quicken, Quickbooks, FinanceWorks, FinanceWorks), announced the upcoming release of an open API and challenged the developer world: "Wanted! The Next Killer Finance App." Intuit President and CEO, Brad Smith, commented: "We're committed to unleashing the power of many to continue creating innovative solutions that improve people's financial lives." In a nutshell, the API will deliver the financial transaction data from thousands of financial institutions in a categorized format.
