News for hackers. Stuff that matters.

A comment on Canada calls screen scraping ‘unsecure,’ sets Open Banking target for 2023. Parent comment

Re:Canada calls screen scraping ‘unsecure,’ sets Open Bankin... by SilverRed on Wednesday August 18, 2021 @07:09PM (#28228316)
I think the future is that banks/bank apps will do the budgeting stuff themselves. Most bank apps will now break down your monthly spending by categories. My bank app shows me my weekly and monthly spend compared to previous periods, how much I spent in each category, how much I spent at each business, how much I have spent this month so far compared to the same time last month and etc.
[ Parent | on HN ]
Re:Canada calls screen scraping ‘unsecure,’ sets Open Bankin... by function_seven on Wednesday August 18, 2021 @08:21PM (#28228912)
I hope not. I have accounts at more than one bank, and need to have the data centralized for it to be useful.

Having a standard and open API across banks, brokerages, and credit providers would be killer.

[ Parent | on HN ]
Re:Canada calls screen scraping ‘unsecure,’ sets Open Bankin... by frosted-flakes on Wednesday August 18, 2021 @07:21PM (#28228439)
My bank does that too, and has done so for many years now. It's close to useless though, because I have no control over it. YNAB isn't just historical trends, it's a budgeting program.
[ Parent | on HN ]
Re:Canada calls screen scraping ‘unsecure,’ sets Open Bankin... by toomuchtodo on Wednesday August 18, 2021 @07:12PM (#28228344)
Startups prove the model, and then legacy enterprises adopt.
[ Parent | on HN ]
Re:Canada calls screen scraping ‘unsecure,’ sets Open Bankin... by andylynch on Thursday August 19, 2021 @02:27AM (#28230984)
Uk banks are doing this now. You can use open banking to show all your (uk) accounts in one place
[ Parent | on HN ]