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Linking bank accounts to software?

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  • Linking bank accounts to software?

    Does anyone link their banking and investment accounts to book keeping and accounting software? Automating updates and book keeping would be really great, but I find myself worried about hacking.

    I know the principle is that you're only authorizing read-only requests, but deep down I'm still unsure. I think I'll call up my banks next week to ask what they think, but I wanted to see what you ladies gents thought, or so.​

  • #2
    I think Canadian financial institutions (more than US counterparts) will tell you that you, not they, would be responsible for any losses resulting from hacks.

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    • #3
      I was in the same boat until I decided to give it a try a few months ago. After doing some research and speaking with my bank, I felt a lot more comfortable knowing that the security measures in place were pretty solid. I’ve found that the convenience of automatic updates and having everything in one place really helps with staying on top of my finances. If you’re still unsure, you can Get More Information about secure options like Avenue’s Financial. It made a huge difference for me in managing my business more efficiently.

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