Topic: Is OFX the only option?
I am developing a personal budgeting software, and I'm trying to understand my options for automtic retrieval of bank statement data. I have two questions:
Is OFX the only option for automatically retrieving bank statement transactions?
Are users required to sign up for DirectConnect with their banks in order to use OFX to retrieve bank statement transactions? Just retrieving data, not initiating any transactions.
Great forum! Thanks for organizing.