Re: [GNC] Open banking platform support

2022-12-14 Thread Murugan Muruganandam
David

Open banking is a practice to share information by financial institutions to 
3rd party service providers. The service providers need to get explicit 
customer mandate to access the data and share personalized experiences. Europe 
has been a pioneer in this to democratize the financial data and create new 
opportunities and customer experiences. Payments is a big beneficiary of this 
protocol

To enjoy the benefit you may need to go through one of the service provider who 
can possibly personalize your information, or can create a files , reports and 
analytics for your needs.
nevertheless the bank will provide statements directly to their users, possibly 
as pdfs and downloads and may not support QFX  or other open formats in future




Saludos Cordiales


Murugan


From: gnucash-user 
 on behalf of 
David Carlson 
Sent: Wednesday, December 14, 2022 9:31 PM
To: Phyllis Bruce 
Cc: Kalpesh Patel ; gnucash-user@gnucash.org 

Subject: Re: [GNC] Open banking platform support

Is that open banking platform a different way to get a list of
transactions?  If so, how does it work?

On Wed, Dec 14, 2022 at 5:26 PM Phyllis Bruce  wrote:

> Kalpesh, I found that QFX works as well.
>
> > On Dec 14, 2022, at 5:08 PM, Kalpesh Patel 
> wrote:
> >
> > 
> >
> > Bank of America is one of the banks that has stopped supporting OFX
> method,
> > in addition to Chase Bank, for transaction download via direct connect
> as of
> > early Nov and moved to the open banking platform. Is there any roadmap to
> > get that supported as part of the GNC native method for download of
> > transactions?
> >
> >
> >
> > ___
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--
David Carlson
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Re: [GNC] Open banking platform support

2022-12-14 Thread David Reiser via gnucash-user


> On Dec 14, 2022, at 6:08 PM, Kalpesh Patel  wrote:
> 
> 
> 
> Bank of America is one of the banks that has stopped supporting OFX method,
> in addition to Chase Bank, for transaction download via direct connect as of
> early Nov and moved to the open banking platform. Is there any roadmap to
> get that supported as part of the GNC native method for download of
> transactions?  
> 
I would be extremely surprised if it ever becomes possible for gnucash to 
participate in the new bank connection realm.

The Open Banking initiative is only open in the sense of business-to-business. 
The banks will only talk to authorized 
API implementations. And becoming authorized means keeping the banks and API 
consortium happy. That takes money as well as other hoops to jump through.

Dave
--
Dave Reiser
dbrei...@icloud.com




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Re: [GNC] Open banking platform support

2022-12-14 Thread David Carlson
Is that open banking platform a different way to get a list of
transactions?  If so, how does it work?

On Wed, Dec 14, 2022 at 5:26 PM Phyllis Bruce  wrote:

> Kalpesh, I found that QFX works as well.
>
> > On Dec 14, 2022, at 5:08 PM, Kalpesh Patel 
> wrote:
> >
> > 
> >
> > Bank of America is one of the banks that has stopped supporting OFX
> method,
> > in addition to Chase Bank, for transaction download via direct connect
> as of
> > early Nov and moved to the open banking platform. Is there any roadmap to
> > get that supported as part of the GNC native method for download of
> > transactions?
> >
> >
> >
> > ___
> > gnucash-user mailing list
> > gnucash-user@gnucash.org
> > To update your subscription preferences or to unsubscribe:
> > https://lists.gnucash.org/mailman/listinfo/gnucash-user
> > -
> > Please remember to CC this list on all your replies.
> > You can do this by using Reply-To-List or Reply-All.
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-- 
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Re: [GNC] Open banking platform support

2022-12-14 Thread Phyllis Bruce
Kalpesh, I found that QFX works as well.

> On Dec 14, 2022, at 5:08 PM, Kalpesh Patel  wrote:
> 
> 
> 
> Bank of America is one of the banks that has stopped supporting OFX method,
> in addition to Chase Bank, for transaction download via direct connect as of
> early Nov and moved to the open banking platform. Is there any roadmap to
> get that supported as part of the GNC native method for download of
> transactions?  
> 
> 
> 
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[GNC] Open banking platform support

2022-12-14 Thread Kalpesh Patel
 

Bank of America is one of the banks that has stopped supporting OFX method,
in addition to Chase Bank, for transaction download via direct connect as of
early Nov and moved to the open banking platform. Is there any roadmap to
get that supported as part of the GNC native method for download of
transactions?  

 

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