In short, by connecting your accounts via Open Banking connections, it will help improve the service Money Dashboard Classic provides you. Connections via Open Banking APIs will give you a direct connection to your banking transactions so you will see all your transactions more quickly & reliably and we can start delivering some great new features.
On top of that, the potential for Open Banking to help you manage your money better is huge! It puts you in control of your data and means that the experience when using apps like Money Dashboard Classic is much smoother as it facilitates a connection between them directly, with no reliance on third parties.
We’ve got big plans to use the technology supporting open banking to introduce great new tools and features that help you revolutionise your finances.
From 14th March 2020 all connections to the CMA9 ('big banks') will be supported via Open Banking connections. Please ensure you switch your connections by this date to ensure you get the best possible service.
Ready to make the switch/connect your accounts via Open Banking?
Check out the following articles:
What are the accounts available for connecting/switch to Open Banking?
How to connect a NEW account via Open Banking API
How to switch your existing connected accounts to Open Banking API