[LRUG] Is anyone working with Open Banking providers?
Tommy Palmer
hi at tommyp.org
Thu Apr 25 08:28:54 PDT 2019
I haven't used it for anything other than getting API access to my own bank
account, but https://teller.io/ is another one. They want to be *the* opening
banking provider, so they might be more useful than the ones you've tried.
On Thu, Apr 25, 2019 at 4:23 PM Patrick Gleeson <patrick.c.gleeson at gmail.com>
wrote:
> Hi LRUG,
>
> I'm working on a project at the moment that requires users to provide
> their recent bank transaction history. We'd like to avoid manual statement
> upload, so we're looking at services that provide a unified authentication
> flow and API to access this via Open Banking. There seem to be lots of
> companies offering services like this, such as Yapily, Tink, Salt Edge,
> LendingMetrics, TrueLayer, MoneyHub, Experian, Strands. We've tried a
> couple out, and our experience has been... not great. Lots of API downtime
> and error messages, patchy and inaccurate documentation etc. And
> conversations with developers who've tried other services have yielded
> similar stories of integration pain points. I get the sense lots of
> startups are scrambling for dominance in this space but using the 'move
> fast and break stuff' mantra, and support from the banks themselves is
> pretty patchy as well.
>
> I'd love to hear if anyone has had any positive experiences with any
> provider of Open Banking integration (or any horror stories).
>
> Best,
>
> Patrick
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