Wednesday 12 November 2014
Is It Time to End Screen Scraping?
From American Banker
“As the industry works to improve the way online banking information is shared with personal financial management apps, a debate is brewing over whether to end the decades-old practice of screen scraping.
Proponents of the popular method say it is a valuable supplement to direct data feeds that may be incomplete or out-of-date. But screen scraping also raises risk concerns, since like other data collection methods it requires consumers to cough up their banking credentials.’
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Labels:
banking,
data mining,
data protection,
internet banking,
technology