In February 2016, IGG Software officially dropped the iBank name and rebranded as Banktivity. Where did the name banktivity come from igg software? When using Banktivity with any bank that requires a direct connection for synchronization, you must create an account with IGG Software. Rather, the limitation is in the QIF file format (which was developed by Quicken), and security reasons require this setup. Banktivity 6: initial public release on ApDo you need igg account to use banktivity? After nearly 13 years IGG retired the iBank name, announcing Banktivity as the successor of the IGG’s personal finance software line. Frequently Asked Questions When is the release date for igg banktivity 5?īanktivity 5 released January 28, 2016.