6 ms·
Looks nice. How does this app authenticate with your various financial accounts?
by throwaway413 7y ago
Looks nice. How does this app authenticate with your various financial accounts?
- _1tan 7y agoIt stores your credentials locally. The whole situation should improve with PSD2 (EU perspective).
- deleted 7y ago[deleted]
- NickBusey 7y agoGive a closed source app my bank credentials? No thanks.
- dewey 7y agoHow 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 agoThey’re extremely juicy target for hacking though.
- dewey 7y agoIt 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 agoMy 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?