Accounting Ideas

Why can the bank feed to the app not be instant, mine runs at least 7 days behind

  • Guest
  • Jan 13 2020
  • Not In Our Plans Right Now
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  • Guest commented
    19 Feb, 2020 07:08am

    I’m not sure that’s correct.  I can log in and see immediate transactions that The company has completed with almost real time view.  Your app runs seriously behind, I’ve also reviewed some competition to Sage and they can achieve it!!

  • Admin
    Nicole Hardin commented
    18 Feb, 2020 10:23pm

    Thank you for your idea! We agree it would be ideal to have real time or near real time data from the banks but unfortunately this isn't possible today. We pull information from the banks multiple times a day. The information we are able to deliver is completely contingent on what the bank makes available and when. There is no standard a bank must follow and there is quite a disparity from bank to bank as to how often updated information is made available to external connections. The good news is many banks are improving access to this data through the PSD2 legislation so we anticipate the turn around time for many banks will improve over the coming 18-24 months.