OFX DirectConnect for Quicken 2020

[Brendan Coupe]

I can download my statements without using direct connect so I don't think
that's an incentive. I think some banks charge if you ask for paper
statements but I haven't gotten them in a long time.

The real incentive is detecting fraudulent transactions as soon as
possible. Most banks allow text or email notifications when
transactions happen but they can be easily missed in the sea of
notifications that I get.

I suspect that fewer and fewer customers are using direct connect so they
don't feel the need to support it. While phone apps have their place, a
program that works with accounts from different banks is much more useful.
Manually entering transactions from accounts that are used frequently
(credit cards) is far from ideal. Time to move on from USAA.


*----Brendan Coupe*


On Sat, Jan 30, 2021 at 3:25 PM J.Varela <jvapr27 at gmail.com> wrote:

> Thanks so much for doing that!
>
>
>
> Other banks are charging to allow directconnect to their systems. You
> would think they would offer it for free as it could save them money by not
> having to mail out statements.
>
>
>
>
>
> JV
>
> On Saturday, January 30, 2021 3:13:08 PM CST lpcornel wrote:
>
> I tried to explain to USAA that supporting DirectConnect does not require
> exclusivity to Quicken. They filed a formal complaint on my behalf, and it
> says their IT people should look into DirectConnect, and they are currently
> forcing their customers to pay for Quicken when free software can do the
> same thing. I explained there are other financial institutions that do not
> lock out their Linux customers.
>
> LPC
>
> On 1/30/21 12:15 PM, Brendan Coupe wrote:
>
> I've had the same problem starting some time this week. USAA is in the
> process of changing the logon process (it's very annoying now) and the
> website (you can preview the new site). The loss of online banking may be
> related and may be permanent.
>
>
> When I unmap an account and try to remap it, the authentication works but
> it says I have no accounts available. I tried 2900 (Quicken 2020), 102 and
> 103 and nothing works.
>
>
> After battling them over an insurance claim last year (I was rear ended
> and there was no argument about fault) it may be time to take my business
> elsewhere.
>
>
> I think we need a place to promote banks that still support direct
> connect. Clearly ofxhome.com isn't enough since it's reporting USAA
> "Passed" as of today. Digging deeper into ofxhome.com, if you view the
> history USAA has been failing since January 27. Not sure why that is not
> shown on the main page for USAA.
>
>
> ----
> Brendan Coupe
>
>
> On Sat, Jan 30, 2021 at 3:56 AM Thomas Baumgart <thb at net-bembel.de> wrote:
>
> Hi,
>
> On Freitag, 29. Januar 2021 18:41:59 CET lpcornel wrote:
>
> > Any chance we can get an emulation update for Quicken 2020? I just got
> > disconnected 2 days ago from my bank (USAA) and 2019 is the latest
> > currently available.
>
> Not sure, if that alone is enough. GnuCash users hit the same problem:
>
>
> https://lists.gnucash.org/pipermail/gnucash-devel/2021-January/045664.html
>
> You can give it a try by selecting "Quicken Windows (Expert)" from the
> dropdown list and enter the value 2900 (for Quicken 2020) in the edit
> field which appears to the right of the combo box. No guarantee that
> this will solve the problem.
>
> Would be cool to hear about your progress.
>
> --
>
> Regards
>
> Thomas Baumgart
>
> https://www.signal.org/       Signal, the better WhatsApp
> -------------------------------------------------------------
> It is better to remain silent and be thought a fool,
> than to speak, and remove all doubt.
> -------------------------------------------------------------
>
>
>
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mail.kde.org/pipermail/kmymoney-devel/attachments/20210130/4f98e56d/attachment.htm>