![]() Necessary cookies are absolutely essential for the website to function properly. “PFM apps with open banking solutions – is a match made in heaven, and we are truly excited to team up with Banktivity to explore all the benefits from this cohesiveness.” “Instead of the consumer having to keep track of their financials in different bank accounts, Salt Edge’s open banking solutions help to aggregate all the bank data into one PFM app to offer a single unified view. This eliminates the need for manual downloads and imports of bank files, as the process is completely digitised thanks to Open Banking.Įrica Virlan, Open Banking Expert at Salt Edge, commented: “Open banking brings vast improvements to financial management, helping people to access all their financial data to help with budgeting and saving. Overall, with the Salt Edge Account Information solution, Banktivity customers across the UK and the EU can access a multitude of Open Banking and PSD2 channels in real-time. Salt Edge has helped us grow our customer base by 10%.” “Leveraging Salt Edge data aggregation solutions, our customers can connect their accounts in Banktivity and then automatically connect their transactions, seamlessly. With Salt Edge, we’ve been able to focus on making our app better for managing finances instead of navigating the ins and outs of the Open Banking regulations. Before we found Salt Edge, the hurdle to become AISP-licensed was too much for us to take on. Ian G Gillespie, President of Banktivity’s parent group, IGG Software, said: “We wanted a one-stop solution to allow our customers to connect their bank accounts via Open Banking. With users increasingly looking for financial tools that would help them manage their financial data more effectively, Banktivity is using Salt Edge’s Open Banking tech to allow for all end-customer financial information to be pulled into its app. Oh well.Fintech Banktivity has given UK and EU customers more flexibility to move their financial data around through a partnership with Salt Edge.īoth companies see a bright future for the nascent personal financial management (PFM) market that is expected to reach $1.2m in value by next year. Nothing on the Banktivity site was helpful other than a chat where I was told that Quicken 2019 won't import QIF files. Meanwhile, thanks for your tips and I'll do some searching. But it may be that I either have to start from scratch or just hope Banktivity hangs on for another couple of decades. I just prefer to have my finances in more of an industry leader that is more likely to be around. There are a couple of QIF conversion programs that would convert to formats compatible with Quicken 2019, but then who knows if they work, and they're $40 each.īanktivity is not a bad program. I'll read some of the posts of the other users, but it appears that migrating is not going to work. But then there was no way to import the other accounts because Banktivity does not export other than QIF and Quicken 2019 won't import QIF files. I exported my checking account from Banktivity and imported that into Quicken with no problems. I exported that into a QIF file to import into Quicken. I tried importing the Banktivity data into See Finance, and that imported fine. I disconnected from the Internet, but then the install process stopped. That may or may not have worked, but I would have liked to have tried it. ![]() There was no way to stop the upgrade process. ![]() I tried to install an older version of Quicken to see if that would work, but it automatically upgraded to the current version.
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