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Greg_M, post: 268606, member: 38207 wrote:
Understandable, though it’s not as evil as it seems. Most Cloud software does it if you want it. You can’t actually interact with the accounts it’s only bringing in the transactions as per a bank statement. It’s the banks own API that it’s reading off, so I figure if it’s breached (and I know about it ha ha) I’ll go looking to the bank for compensation not the accounting software.

Actually there is a wrong assumption here, once the cloud accounting software grabs the data and imports it into their system, it’s not the bank that will be at fault, it is the cloud software company who holds the data, so it falls in their control, thus you will need to try to going to the software company, you told the bank its ok to pass the data to them.