tag:infinitekind.tenderapp.com,2009-01-14:/discussions/financial-institution-direct-connection-support-requests/2806-uk-banks-and-institutionsInfinite Kind: Discussion 2016-03-19T05:11:26Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/386878132015-12-13T14:18:20Z2015-12-13T14:18:21ZUK Banks and institutions<div><p>On my buisiness accounts through a competitor of yours we get
automatic feeds from our banks and was looking to contibue to use
our moneydance softwarer for our personel account you do not appear
to have any UK banks or finanacial instituitions on your list - Our
other software uses the Yodlee interchanges and it woudl be good if
you adviuse whterh you intend to add any Uk insitituions at all in
the future. If not then I am sorry to say that there are better
products out there to use than Money day which is a pity as I was
getting to like it</p></div>Elaine Masontag:infinitekind.tenderapp.com,2009-01-14:Comment/386878132015-12-13T17:18:30Z2015-12-13T17:18:30ZUK Banks and institutions<div><p>Hi Elaine</p>
<p>We have considered using Yodlee or similar services in order to
offer connections to banks that do not provide direct connections
and at this time we do not think it is the right path to take. The
major problem that Yodlee and any other such services have is that
you have to give your bank login user name and password to a 3rd
party service. Yodlee has to store those login credentials on their
server as they have to periodically use them to log into your bank
to download data. I am sure that Yodlee goes to great lengths to
protect those credentials and the consequences of Yodlee being
hacked are absolutely catastrophic. Just a couple of weeks ago the
major credit card company Chase made a statement that effectively
said if unauthorized transactions occur on your account as a result
of giving your username and password to a 3rd party they will take
no responsibility. This is not a risk that we want to encourage our
customers to take.</p>
<p>Ben Spencer<br>
Infinite Kind Support</p></div>Ben Spencer