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Interesting. I personally use https://outbankapp.com/en/ https://outbankapp.com/en/. The app is closed-source; everything is locally stored. It allows me to t

by _1tan 7y ago

Interesting. I personally use https://outbankapp.com/en/ https://outbankapp.com/en/. The app is closed-source; everything is locally stored. It allows me to track my bank accounts, including portfolios, etc. from most German and Dutch banks, credit cards, etc.. Additionally it can track BTC, ETH wallets, connect to Coinbase and a few other exchanges and membership programs. I would never use a wealth management app requiring manual entry. That`s just slightly better than a spreadsheet. Keep up the work! Caveat: Only supported in Germany and the Netherlands at the moment (IIRK). Edit: A similar offering I just remembered: https://www.numbrs.com/en_uk/ https://www.numbrs.com/en_uk/. Might be some good inspiration as well.

throwaway413 7y ago
Looks nice. How does this app authenticate with your various financial accounts?
- _1tan 7y ago
  It stores your credentials locally. The whole situation should improve with PSD2 (EU perspective).
  - deleted 7y ago
    [deleted]
  - NickBusey 7y ago
    Give a closed source app my bank credentials? No thanks.
    - dewey 7y ago
      How real is the risk of a registered and legit business selling a banking app taking your banking credentials and stealing your money? I’d estimate it to be 0.
      - badpun 7y ago
        They’re extremely juicy target for hacking though.
        dewey 7y ago
        It stores the data locally, so first you have to break into the system, then the encrypted container of the app. If someone does that then you are probably a pretty high value target and have different problems. An open source, non audited app, that’s not even compiled yourself (iOS app) isn’t much different than that.
  - throwaway413 7y ago
    > The app is closed-source. > It stores your credentials locally. Can you confirm this?
  - jackweirdy 7y ago
    My understanding of PSD2 was that it allows third party services to access bank records of customers who authorise them, not allowing customers themselves access to the API. As a result I assumed PSD2 wasn’t helpful for a totally local application. Am I misunderstanding that?
andresousa 7y ago
Thanks for the support. Outbank looks like a great app. With Lannister we would like to make sure that the data is not available to a third party by focusing on security and making the code auditable by anyone. This leads to less features or integrations being supported but it also provides a more secure environment. Nevertheless we will work hard to add more features that make managing your personal finance and wealth easier.
toomuchtodo 7y ago
I wish we had apps like this for the US market; unfortunately we’re stuck with Personal Capital and Credit Karma.
fhrow4484 7y ago
Another caveat of that app, even though the website hides it pretty far in the T&C, is that it appears to be owned by "Verivox GmbH" : https://de.m.wikipedia.org/wiki/Verivox https://de.m.wikipedia.org/wiki/Verivox Translated to English the Wikipedia page says: "Verivox is a company that compares tariffs for telecom, electricity, gas, insurance, finance, vehicles, and commission-free real estate and brokers contracts for these services" So they're using consumers to do their jobs, which probably harms consumers in long run by preventing a healthy competition amongst those services.

by _1tan 7y ago

throwaway413 7y ago

Looks nice. How does this app authenticate with your various financial accounts?

_1tan 7y ago
It stores your credentials locally. The whole situation should improve with PSD2 (EU perspective).
- deleted 7y ago
  [deleted]
- NickBusey 7y ago
  Give a closed source app my bank credentials? No thanks.
  - dewey 7y ago
    How real is the risk of a registered and legit business selling a banking app taking your banking credentials and stealing your money? I’d estimate it to be 0.
    - badpun 7y ago
      They’re extremely juicy target for hacking though.
      - dewey 7y ago
        It stores the data locally, so first you have to break into the system, then the encrypted container of the app. If someone does that then you are probably a pretty high value target and have different problems. An open source, non audited app, that’s not even compiled yourself (iOS app) isn’t much different than that.
- throwaway413 7y ago
  > The app is closed-source. > It stores your credentials locally. Can you confirm this?
- jackweirdy 7y ago
  My understanding of PSD2 was that it allows third party services to access bank records of customers who authorise them, not allowing customers themselves access to the API. As a result I assumed PSD2 wasn’t helpful for a totally local application. Am I misunderstanding that?

andresousa 7y ago

Thanks for the support. Outbank looks like a great app. With Lannister we would like to make sure that the data is not available to a third party by focusing on security and making the code auditable by anyone. This leads to less features or integrations being supported but it also provides a more secure environment. Nevertheless we will work hard to add more features that make managing your personal finance and wealth easier.

toomuchtodo 7y ago

I wish we had apps like this for the US market; unfortunately we’re stuck with Personal Capital and Credit Karma.

fhrow4484 7y ago

Another caveat of that app, even though the website hides it pretty far in the T&C, is that it appears to be owned by "Verivox GmbH" : https://de.m.wikipedia.org/wiki/Verivox https://de.m.wikipedia.org/wiki/Verivox Translated to English the Wikipedia page says: "Verivox is a company that compares tariffs for telecom, electricity, gas, insurance, finance, vehicles, and commission-free real estate and brokers contracts for these services" So they're using consumers to do their jobs, which probably harms consumers in long run by preventing a healthy competition amongst those services.