Open Banking - Feedback.

[Frelon]

A few days in and this is going to be a game changer for personal banking!

Why use Open Banking?

Save Time: No more logging into your bank, downloading QIF/OFX statements, and manually importing them. Maxim Money pulls them in automatically.
Stay Up-to-Date: Get notified the moment new transactions are available so your register is always current.
Total Security: The connection is strictly read-only, and PSD2 regulated. Only the data you permit is transmitted, and stays safe within Maxim Money.

Manually inputting transactions will now become a thing of the past! I never got round to downloading QIF statements (I think I did it once, but went back to manual input and reconciling when the statement arrived!)

I think the traditional reconciliation process will become a thing of the past too as your bank balance and Maxim Money account balance should all be in sync.

Well done Maxim Money - setting the standards, leading the way!

[Campbell]

Thanks for the lovely feedback. I really think so too. And it’s very easy to get used to. It will be hard once the trial ends, so hopefully we can get enough interest in it to make it viable.