OFX DirectConnect for Quicken 2020

Brendan Coupe brendan at coupeware.com
Sun Jan 31 00:24:30 GMT 2021


We're not alone. This appears to be financial software for MacOS. The
subscription allows for direct connect so they can't be too happy about
this change.

https://www.iggsoftware.com/support/articles/ibank-for-ipad/ofx-direct-connect-offline-for-usaa/


*----Brendan Coupe*


On Sat, Jan 30, 2021 at 5:22 PM Brendan Coupe <brendan at coupeware.com> wrote:

> 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.
>> -------------------------------------------------------------
>>
>>
>>
>>
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