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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