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MoneyWiz

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This is an old revision of this page, as edited by Iliyayordanov (talk | contribs) at 21:31, 25 May 2017 (Put updated screenshot, updated OS, release date, languages and website address. Added information about the two core distinctive features of MoneyWiz - SYNCbits and online banking.). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

File:MoneyWiz.png
Original author(s)Iliya Yordanov[1]
Developer(s)SILVERWIZ LLC
Stable release
2.5.6 / March 26, 2016; 8 years ago (2016-03-26)[2]
Operating systemmacOS, iOS, Windows, Android
Available inEnglish, Chinese, Russian, Portuguese, Spanish, Japanese, Korean, Italian, French, Polish, German, Swedish, Czech, Romanian, Indonesian, Ukrainian, Hungarian, Catalan, Dutch, Turkish, Bulgarian.
Websitehttps://wiz.money

MoneyWiz is a money management application that runs on Microsoft Windows, Google's Android, and Apple platforms including iOS and macOS. MoneyWiz is developed by SilverWiz[3] and is the top selling personal finance app outside of the United States as well as a Top 10 Finance App on the U.S. App Store.[1] MoneyWiz has received awards and recognition which include being named the Best Finance App out of the Top 500 Must Have Apps by The Telegraph.[4] It was named a Sleek Personal Finance App by Macworld[5] and rated as one of the Top 5 Best New Year's Resolution Apps for iPhone and iPad in 2012.[6]

MoneyWiz tracks income and expenses as well as allowing users to set and track budgets. It has the ability to schedule payments and also create reports based on the information inputed by the user.[7] The app also has its own syncing platform referred to as "SYNCbits" which syncs a user's information to any device in which the app is installed.[3] MoneyWiz supports twenty languages and is said to comply with the financial system in the countries where the official language is one of the supported ones.[8]

SYNCbits technology

When the company was found in 2010, the developers of MoneyWiz were the first to create a cloud sync solutionfor the kind of data used in databases, as opposed to file cloud sync. The technology is called SYNCbits and is considered to be the most reliable (in terms of uptime, security and performance) cloud sync available in any finance software.

SYNCbits uses backdoor-free 256bit encryption, which means that the data is impossible to be decrypted without knowing one's password or security answers.

Online Banking (bank sync)

MoneyWiz connects to over 16,000 banks in over 51 countries around the world, to allow its users to download & categorize new transactions automatically.

While the software can be fully used without that option by people who want to manually input expenses & incomes or import bank statements, MoneyWiz's bank sync is a convenient way for people to automate this process.

While traditional finance apps, such as Mint would only use one data aggregation platform to provide the bank sync, MoneyWiz is the first (and currently one) finance software that uses two data providers simultaneously. That allows it to support more banks in more countries than other finance apps.

See also

References

  1. ^ a b "27 Year Old Developer Strikes Gold Again With His 4th Startup: SilverWiz". Mac Community News. 13 March 2013. Retrieved 30 May 2013. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  2. ^ "MoneyWiz 2 - Personal Finance on the App Store on iTunes". App Store. February 2, 2015. Retrieved March, 2017. {{cite web}}: Check date values in: |accessdate= (help)
  3. ^ a b Bernhard, Todd (26 April 2013). "Money Talks: SilverWiz Shares Secrets Of Its Breakout Finance App, MoneyWiz". iPhone Life Magazine. Retrieved 30 May 2013. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  4. ^ 500 Must-Have Apps. The Telegraph.
  5. ^ Wilhide, Brendan (5 September 2012). "MoneyWiz A Sleek Personal Finance App". Mac World. Retrieved 4 June 2013. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  6. ^ Lofte, Leanna (1 January 2012). "Top 5 Best New Year's Resolution Apps For iPhone and iPad". iMore. Retrieved 30 May 2013. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  7. ^ Hornshaw, Phil (24 October 2011). "Fresh iPhone Apps For Oct. 24". Appolicious Advisor. Retrieved 30 May 2013. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  8. ^ Spencer, Graham (10 October 2012). "Behind The App: MoneyWiz". Mac Stories. Retrieved 30 May 2013. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)