Online banking setup
T. Howell-Cintron
lists at kathera.com
Thu Nov 19 03:04:02 EST 2009
David Reiser wrote:
> Unfortunately, the stone age is coming back in bank downloads
> in open source. The banking oversight folks in the U.S. decreed
> that banks must use multifactor authentication for online access
> to customer's bank records. Intuit has taken the opportunity to
> make proprietary the login phase of transaction connections. Just
> last weekend Chase, under the guise of "enhancing Chase Online,"
> disabled their old servers that did ofx directconnect. Now,
> Quicken connects to Chase through an Intuit intermediary, using
> authentication that does not match prior login procedures and
> is not completely discernable from ofx logs available in quicken.
I am, unfortunately, a Chase customer afflicted by the plague of changes
made to their interfaces for online banking. My OFX downloads aren't
even sufficient for me to match up to hand-edited transactions I glean
from their website. It's a sad state of affairs.
-- Tom
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