alt Hacker News> I wish banks have their APIs open
There needs to be a lot of investment in training and safe defaults though. Most people are not ready to automate even a little of their banking like that.
I would even prefer banks had the option to push data to trusted feeds than having open APIs you could call on your own.
Replies
vitalikpie • today at 3:14 PM
Agree on this. Current situation is kinda broken:
- people do not trust Plaid and Finicity - data is captive inside of bank portals - each damn CSV has it's own format
Only need a read only API for financial analysis.
I definitely do not support an API for doing financial transactions. That will result in so much hacking and theft.