TrueLayer is an EU banking platform so what you have reported does not affect any people using US banks. I believe YNAB uses Plaid in the US. Some thoughts:

TrueLayer is an EU banking platform so what you have reported does not affect any people using US banks. I believe YNAB uses Plaid in the US. Some thoughts: * YNAB moved to SaaS and is now beholden to banking API platforms. Kind of like the business idea of building a plugin for an existing platform (shopify, wordpress, etc.) you take on risk of that platform shifting. * SaaS is totally unnecessary for a budgeting tool. They were probably forced to a SaaS model because integrating partners are SaaS and its more profitable. If you rank business models with the best margins, web based SaaS is probably in the #1 spot. * I believe this area (banking APIs) has been discussed in startup/entrepreneur circles (Paul Graham essay possibly, don't remember) as ripe for disruption.