Putney, Vermont – IGG Software today announced the release of iBank 5.1, a major update to its acclaimed money management program. The most complete personal finance software available for the Mac, iBank 5.1 provides improved bank connectivity, enhanced reports, better bill pay, and superior transaction management among scores of new features and fixes.

“While iBank 5 was a huge leap forward,” says IGG president Ian Gillespie, “we didn’t stop there. We learned a lot from our customers about what they liked in version 5 and how it might be even better. This update is going to make a lot of people happy.”

Among the many refinements in iBank 5.1, those of most interest to current and future users include:

* Better updating:
Now there’s system notification when Update Everything finishes, and counters in the source list show how many new transactions are in each account.

* Enhanced transaction management:
A new menu command shows original details of imported transactions; files attach by drag-and-drop to the transaction editor; transactions can be manually merged from different sources; an “unreconciled” transaction register filter has been added.

* Improved importing:
Several fixes related to bank connections, as well as QIF, CSV and OFX imports, make data acquisition more consistent.

* Simplified bill pay:
The username field is now filled in automatically when confirming online payment, date pickers now have pop up calendars, and other fixes.

* Updated reporting options:
There’s a new “Categorized Payee” report, the addition of Internal Rate of Return (IRR) to investment reports, and better presentation of totals in Forecast reports and transaction drill-down reporting.

* Better Direct Access connectivity:
iBank 5.1 adds support for connections that require multi-factor authentication (MFA) tokens and images.

* Streamlined export:
QIF export now allows a date range to be typed, and there’s a new button to export report tables to tab-delimited text files.

* Improved loan support:
Several minor fixes improve overall functionality in areas related to the loan assistant, reminders, scheduled transactions and interest-only loans.

* Enhanced stability and performance:
Potential crashes have been eliminated and some sources of slowed response have been removed.

* Minor enhancements to key functions:
Other fixes in this update touch on sync, printing, investments, in-app purchasing, smart accounts, budgets and more.

* More polish throughout:
Numerous improvements and corrections have been made to the interface: menus, pop-ups, layouts, tooltips, etc.

* Plus dozens more changes:
With over 120 improvements in total, iBank 5.1 cleans up a lot of tiny issues to make the overall experience better for all users.

System Requirements:
* iBank requires Mac OS X 10.8 or higher and is fully compatible with 10.9 Mavericks

A free update for current users of version 5, iBank 5.1 is available immediately from the IGG online store. New customers have the option of downloading the app as a 30-day free trial. All licensed users of iBank 4 may install the app, use it in trial mode, and upgrade from within version 5; iBank’s regular price is $59.99 (USD) and the upgrade price via IGG is $29.99. Release of iBank 5.1 via the Mac App Store will follow.

For optional, automatic updating of transactions, users of iBank 5 have the opportunity to try Direct Access free for 30 days. Maintaining the service costs as little as 11 cents a day: just $4.99 per month, or $39.99 for an annual subscription; that data can be synced with iBank for iPad 2 directly from the desktop app over local Wi-Fi or via WebDAV server.

For further information, review licenses, or to schedule interviews with Ian Gillespie or CTO James Gillespie, please contact IGG Marketing Director Scott Marc Becker.

IGG Software
iBank 5.1
Version Changes

IGG Software, Inc., was founded in 2003 by developer Ian Gillespie to offer intuitive, elegant and powerful applications for in- dividuals and small businesses. Based in Putney, Vermont, IGG develops the iBank family of apps exclusively for the Mac and for iOS devices. Copyright (C) 2003-2014 IGG Software, Inc. All Rights Reserved. Apple, the Apple logo, iPhone, iPod, iPad and Macintosh are registered trademarks of Apple Inc. in the U.S. and/or other countries.

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