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How difficult was it to connect to banking API to get the transaction list?

• jfidjsosms 3y ago
  Not many banks offer APIs to pull transactions. It's easy if you don't mind usign a third party like plaid. I wanted a solution for managing personal finances and didn't want a third party getting a copy of all my financial data, so had to build my own. I ended up building a solution using sqlite and Apache superset, however it used a module that imported data from exports from the banks (so that was a manual step)
  • grepfru_it 3y ago
    I do not know how to reconcile the obvious advantage using plaid gives you with the obvious privacy problems it brings for users
  • pzmarzly 3y ago
    Most banks do offer APIs due to various regulations [0], but they don't have to offer these APIs to end users, just to other (regulated and certified) companies. Also the output format can be a wild west. Therefore there is not much practical choice other than to use Plaid, Nordigen, Basiq, etc. Afaik European PSD3 wants to address these 2 issues [1], but it will probably take 3+ years before it gets into effect. [0] https://www.openbankproject.com/solutions/compliance/ https://www.openbankproject.com/solutions/compliance/ [1] https://ec.europa.eu/commission/presscorner/detail/en/ip_23_3543 https://ec.europa.eu/commission/presscorner/detail/en/ip_23_...