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> Unless you put the next winning lottery numbers in there, your data isn't that valuable. My Facebook or other data obtained through web tracking is definitel

> Unless you put the next winning lottery numbers in there, your data isn't that valuable. My Facebook or other data obtained through web tracking is definitely more valuable than my boring bank balance. The thing about web banking not providing 3 years was just to refute your argument about how banks apparently provide me all the data I need, which clearly isn't the case. > you do have access to all your data just not how you want it I do not. In my previous response I told you that most banks do not provide more than 3 months of data. > your bank offers you the API because you are its customer and they have control All I'm asking for is that banks provide personal access tokens to any of their customers. I don't mind the regulations being there for massive-scale access, but I do want any customer who wants to automate their finances to be able to do so.

close04 8y ago
> My Facebook or other data obtained through web tracking is definitely more valuable than my boring bank balance. That data is valuable to Facebook. Your bank balance is valuable to you. That's why you don't send all your money to Facebook, just your data. > I do not [...] You do. You wanted a bank data export: it's the 3 years from the website or go to the bank and ask the guy at the counter for more if it still exists. Data retention periods are mandated by law. Some data is kept 2 years, most data for 5-7, and some for even more. There's also a mandated period in which the data must be readily accessible. After that it's archived and put in cold storage, or deleted. This is why the website doesn't give it to you and why an API won't magically provide it. That website is also using an API to give you the data. Just not an API you can access. Don't worry, you will get API access to your account when the bank is ready with it. It's not something you want to rush, especially when you have millions of customers. But if you think just anyone can get bulk access to the API and provide financial services you've got another thing coming. You have poor knowledge of this topic. And that's OK, that's how most people are. But that's exactly why regulation is put in place. So others don't take advantage of this - your bank or a 3rd party.

close04 8y ago

> My Facebook or other data obtained through web tracking is definitely more valuable than my boring bank balance. That data is valuable to Facebook. Your bank balance is valuable to you. That's why you don't send all your money to Facebook, just your data. > I do not [...] You do. You wanted a bank data export: it's the 3 years from the website or go to the bank and ask the guy at the counter for more if it still exists. Data retention periods are mandated by law. Some data is kept 2 years, most data for 5-7, and some for even more. There's also a mandated period in which the data must be readily accessible. After that it's archived and put in cold storage, or deleted. This is why the website doesn't give it to you and why an API won't magically provide it. That website is also using an API to give you the data. Just not an API you can access. Don't worry, you will get API access to your account when the bank is ready with it. It's not something you want to rush, especially when you have millions of customers. But if you think just anyone can get bulk access to the API and provide financial services you've got another thing coming. You have poor knowledge of this topic. And that's OK, that's how most people are. But that's exactly why regulation is put in place. So others don't take advantage of this - your bank or a 3rd party.