Yesterday Intuit took a step into social commerce with the acquisition of the team, technology and patents of social payments startup Payvment . Today, it’s revealing more about how it plans to expand its services into new areas to complement its bread-and-butter business of payrolls and accounting software, with over 20 new products. They include those in payments technologies using NFC and Apple’s Passbook, consumer-focused big data apps, and new products for its Mint financial-management range. A handful are getting launched this year and some tomorrow, while the rest are still in the experimental phase, Mint says. Although today’s event is happening one day after the Payvment acquisition, Intuit tells me that’s more coincidence than intentional, but taken together they point to how the company is trying to be more aggressive and innovative about how it plans to develop its product lines going forward.
The full story can be read/found on Intuit’s New Payments Directions In NFC, Passbook And Facebook Revealed In 20+ New Products
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