Re: Schwab now using new "Express Web Connect Plus" (aka "Express Web Connect+"

From: Sherlock (noname...)

On 2021-11-27 23:30:18 +0000, Sherlock said:

> On 2021-11-27 14:11:09 +0000, Arthur Conan Doyle said:
>
>> Sherlock <[email protected]> wrote:
>>
>>> The motivation for Schwab's decision to drop Direct Connect was financial.
>>
>> It's been reported that the fees Quicken charges financial institutions for
>> Direct Connect are substantial. As the number of users managing their finances
>> on PCs drop, I'm surprised there haven't been more major banks like
>> USAA bailing
>> out.
>
> It is not Quicken charging the financial institutions fees for Direct
> Connect. It is Intuit.
>
> Intuit doesn't charge financial institution's a fee for Express Web
> Connect as it enables them to gain access to valuable customer data.
> Quicken pays Intuit for access to the data which may contribute to
> Quicken's higher price.

If you're really interested, I suggest you review:
https://www.intuit.com/partners/fdp/implementation-support/ofx/

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Schwab now using new "Express Web Connect Plus"...... by Andrew on Nov 19th 2021, 16:28
Re: Schwab now using new "Express Web Connect P...... by John Pollard on Nov 24th 2021, 14:52
Re: Schwab now using new "Express Web Connect P...... by Sherlock on Nov 24th 2021, 20:56
Re: Schwab now using new "Express Web Connect P...... by Arthur Conan Doyle on Nov 27th 2021, 14:11
Re: Schwab now using new "Express Web Connect P...... by Sherlock on Nov 27th 2021, 23:30