[kmymoney] [Bug 441857] Online Banking Setup

[jesse]

https://bugs.kde.org/show_bug.cgi?id=441857

jesse <jvapr27 at yahoo.com> changed:

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                 CC|                            |jvapr27 at yahoo.com

--- Comment #24 from jesse <jvapr27 at yahoo.com> ---
(In reply to Jack from comment #23)
> Another year, and lots of changes in both aqbanking and KMyMoney, which has
> a 5.2.1 release.
> However, one of the underlying problems is that more and more banks and
> institutions are discontinuing the use of Direct Connct, leaving only Web
> Connect as a viable option.   For me, only Merrill Lynch still supports
> Direct Connect, although I do not have any account with Chase to test.  You
> should still be able to test separately with the libofx plugin and
> aqbanking, but I would be rather surprised if either works.
> At this point, I am tempted to say there is nothing left for KMyMoney to do,
> but I'm not sure what status to use if we close this.
This has been my experience as well in the USA. Most banks are moving away from
Direct Connect as they see it as a risk. Users now have to agree to terms which
state if you give a 3rd party application access to your bank information, you
are not protected and my be held liable for any fraudulent transactions. This
in itself, disincentivizes one from using the capability. 

I assume in the EU, there are still allowing it or are using a different
protocol. 

I have given up on using the Direct Connect. Unless you use Quicken/Quickbooks,
you are pretty much out of luck.

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