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Does anyone know of a US bank that offers an API as a service? For consumer-level access and without requiring fees or a third party service, preferably. The h
by zschuessler 11y ago
Does anyone know of a US bank that offers an API as a service? For consumer-level access and without requiring fees or a third party service, preferably.
The hackathon this app was a part of doesn't mention developer-friendly banks:
https://getmondo.co.uk/blog/2015/11/22/mondohack/ https://getmondo.co.uk/blog/2015/11/22/mondohack/
I'm left to assume these are private APIs. I would love to play around with APIs similarly, but don't want to depend on privatized APIs.
- jhuckestein 11y agoHey, I work at at Mondo. We're building a startup retail bank with an API for developers. You can find our API documentation here: https://getmondo.co.uk/docs https://getmondo.co.uk/docs The APIs will be publicly available to developers and account holders. We've only just started rolling out our first cards, though, so we're not on boarding many third party developers at the moment. If you'd like to play around with the API, send an email to developers@getmondo.co.uk and we'll see what we can do :)
- zschuessler 11y agoVery cool! I misunderstood Mondo's purpose. I assumed it was an abstraction layer over private APIs, but looks like you're a bank! Sending an email (although I'm based in US, if that matters).
- KirinDave 11y agoYou lucky UK folks. :( Not that you have it good, but holy he'll did starting a not-bank end up being a can of worms in the US.
- voltagex_ 11y agoWish I could use it in Australia - Commbank here is pretty technically advanced, but they still won't support things like OFX.
- KirinDave 11y agoThere aren't many major US banks that will do this for you right now unless they're actually not banks and in fact prepaid card users that explicitly do not have a bank charter. This is because online account opening for banks is a very hard problem, and anyone with a bank charter basically can't use the closed loop trick that other services are using to provide money movement and storage without a charter. Once you are past account opening, it's more about tech politics. No major US bank has publicly pushed an Oauth gateway, for example. But this is more about risk and the politics of contracts with financial aggregators than anything else. You can find hints of these murky waters in the articles surrounding the recent dust up between Chase and Intuit.
- ceejayoz 11y agoI've heard of https://plaid.com/ https://plaid.com/ but have no personal experience with them.
- w0rd 11y agoI have tried out Plaid Connect and it worked really well for me. This was in beta when only a very limited selection of banks were supported, so I had to go get a Bank of America account just to use it. Authentication was incredibly easy and they handled security questions very gracefully in my opinion. I was able to build a pretty good Simple Goals clone with a weekend's worth of work. I haven't used their Plaid Auth product yet.
- orky56 11y agoIntuit also offer an API to gather financial data. https://developer.intuit.com/docs/0020_customeraccountdata/009_using_customeraccountdata/0010_gettingstarted https://developer.intuit.com/docs/0020_customeraccountdata/0...
- ceejayoz 11y agoOh, that's really neat.
- dave_chenell 11y ago+1 for plaid. It's awesome, I built something similar to OP about 6 months ago just using plaid and my existing bank account.
- charleyma 11y agoCharley from Plaid here! We now support over 18,000+ banks in the US and Canada for Connect (transaction data) with our longtail integration :) https://plaid.com/docs/#long-tail-institutions https://plaid.com/docs/#long-tail-institutions
- orangeshoelace 11y agoSilicon Valley Bank is taking beta signups right now for their API banking products https://www.svb.com/api/ https://www.svb.com/api/ From their director of API banking, "With API banking we aim to deliver a set of services that allow our customers to interact with the bank securely, programmatically, at high speed and with little (or no) manual intervention." https://www.svb.com/Blogs/Dan_Kimerling/Our_Mission_for_API_Banking/ https://www.svb.com/Blogs/Dan_Kimerling/Our_Mission_for_API_...
- Johnie 11y agoSVB acquired Standard Treasury (YC S13). http://blog.ycombinator.com/standard-treasury-yc-s13-joins-silicon-valley-bank http://blog.ycombinator.com/standard-treasury-yc-s13-joins-s...
- brokentone 11y agoAre they? I see a large "Be the first to know" headline with a blank space below.
- zschuessler 11y agoI was also confused. I tweeted at the API Director, and he mentioned usage of the contact form. Seems like a strange way to onboard beta engineers.