2004-03-23 · in Ideas · 112 words

I wish my bank provided my bank statement as a private RSS feed, so I could subscribe to it and immediately see transactions. This would be a good way of preventing fraud; if I know within a few hours about suspicious-looking transactions, I could report them more rapidly.

There are obvious security concerns. My online banking system currently only provides me with one identity which has full power over the account; since anybody with that identity's password can transfer money out of my account, I wouldn't be comfortable giving it to an automated tool. What I actually want is a separate identity which has read-only access to the statement and nothing else.