On Saturday, January 11, 2025 at 9:32:19 PM UTC-5 ch...@hasenpflug.net 
wrote:

SimpleFIN Bridge uses MX, a Plaid-like service, to access your accounts.

On Saturday, January 11, 2025 at 8:04:30 PM UTC-6 mtb...@gmail.com wrote:


How does SimpleFin connect to accounts ? Does it "know" your passwords ?


It does use MX <https://www.mx.com/> per its Privacy 
<https://beta-bridge.simplefin.org/info/privacy> and Security 
<https://beta-bridge.simplefin.org/info/security> pages. MX keeps either 
your passwords or special app-specific keys depending on the security of 
your banks. I was initially suspicious too given the lack of development in 
the simplefin org <https://github.com/simplefin>, but it makes sense that 
it's largely an interface between MX APIs and the SimpleFIN spec; not much 
to change. For more confidence, SimpleFin had a recent third-party security 
audit performed by SecurityMetrics. It's also the backend for a buckets 
budgeting app <https://www.budgetwithbuckets.com/> by the same devs, and 
that appears to have an active community 
<https://github.com/buckets/application/issues> ~ extra visibility/scrutiny.

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