Firstly, we don't always need a credential. Some banks provide other auth mechanisms, e.g. EMV CAP. We use this for Barclays and Nationwide. Using Teller might not violate your bank's terms of service, which is why we advise you to read them in conjunction with ours. Furthermore, it is the view of some senior bank people that I speak to that PSD2 will make such clauses in banking terms illegal. It is also worth mentioning there has never been a single case of fraud or loss attributed to "screen-scraping"
Secondly, we have ongoing dialogue open with every major UK bank at very senior levels, from C-level down. We want to help banks deliver these APIs. Formal agreements with banks are a key strategic objective for Teller, but they only started returning my calls once I'd broken their apps and took their APIs. The market can't wait for the banks, developers and users want new choices, apps and service now.
Firstly, we don't always need a credential. Some banks provide other auth mechanisms, e.g. EMV CAP. We use this for Barclays and Nationwide. Using Teller might not violate your bank's terms of service, which is why we advise you to read them in conjunction with ours. Furthermore, it is the view of some senior bank people that I speak to that PSD2 will make such clauses in banking terms illegal. It is also worth mentioning there has never been a single case of fraud or loss attributed to "screen-scraping"
Secondly, we have ongoing dialogue open with every major UK bank at very senior levels, from C-level down. We want to help banks deliver these APIs. Formal agreements with banks are a key strategic objective for Teller, but they only started returning my calls once I'd broken their apps and took their APIs. The market can't wait for the banks, developers and users want new choices, apps and service now.