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Better off building it with the standards that mint.com uses, that would be OFX or Open Financial Exchange. Now that mint is at intuit they might not be as agi
by drawkbox 17y ago
Better off building it with the standards that mint.com uses, that would be OFX or Open Financial Exchange. Now that mint is at intuit they might not be as agile. Also there are pretty big security issues that OFX have solved. Maybe mint.com could expose your data via OFX.
Mint does have providers that they get the OFX data from, these are pluggable. But the product that is mint is all the metadata about the purchases not just the exchange. I can see how this would be beneficial but also how it might harm mint's reputation if anything were to happen with failed security.
- there 17y agomint is built off of yodlee's service (http://yodlee.com/ http://yodlee.com/) which does all of the communication with banks. i'm not sure if they're even using OFX anymore because they don't authenticate the same way (mint doesn't require your bank logins).
- drawkbox 17y agoI didn't realize mint used a third party (Yodlee) for that. Currently many banks only provide that type of access (OFX). I use mint and it requires bank logins though... Looks like Yodlee uses OFX and screen scraping? Doesn't seem so safe: http://news.ycombinator.com/item?id=830236 http://news.ycombinator.com/item?id=830236
- sriramk 17y agoI remember hearing a rumor once that Yodlee had any army of employees whose primary job was to update the screen scraping scripts. Make no mistake - getting this data out is very messy. but given a choice between messy and not having it at all, I'd settle for messy :-)