Mobile banking applications provide access to financial services, but Intuit Inc. wants them to provide financial advice as well. The company is making its online personal finance tool Mint available to financial institutions to incorporate into their online and mobile banking products.

"More than 12 million people already use Mint.com to manage their complete financial picture and have identified savings of more than $30 billion toward their personal goals," said Greg Wright, vice president of product management at Intuit Financial Services. "By blending Mint with their digital banking home page, financial institutions can provide immediate, meaningful financial insights to their customers, help more people save money and further deepen banking relationships by recommending relevant financial products at the time when people are most interested." 

Through Mint, consumers get a full view of their entire financial life by connecting to banks, loan providers and credit card issuers. Mint provides charts of assets, debts and spending patterns and offers advice on how to save money based on financial behavior.

Mint also has a mobile app that users can access on the go to get "the big picture view" of their financial status, Intuit said.

"Mint is more than just online pie charts," Wright said. "It's an easy way for banks to provide valuable advice and services based on a customer's specific needs and use of financial products, all in the place millions of people look for help. We're excited to help people save and do more with their money through their financial institution."

Acquired by Intuit in 2009, Mint is available to FIs now for implementation later this year, Intuit said.

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