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  #6  
Old 11-06-2008, 06:15 AM
Bob Peel, MVP
Guest
 
Posts: n/a
Default Re: Windows Live ID and MS Money My Account

Cal is a user just like the rest of us (although a very knowledgeable one)
and has no connection with Microsoft. So he can't give you the assurances
that you seek on behalf of Microsoft.

--
Regards
Bob Peel,
Microsoft MVP - Money

For unofficial FAQs see
http://money.mvps.org/
or
http://umpmfaq.info/

I do not respond to any emails that I have not specifically asked for.

"David Schwartz" <who4ever[at]optonline.net> wrote in message
news:49127691$0$4899$607ed4bc[at]cv.net...
- quote -

> Sounds a little scary to me to put all my user names and passwords on a
> single site. Do you vouch for its safety?
> "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
> news:rfk3h41fhjlqvb6dj7tfqtkb3l8lisddhj[at]4ax.com...
> > In microsoft.public.money, David Schwartz wrote:
> > > > Will it make my life easier? Right now I have to go to 8 different
> > > institutions' websites, mainly banks, and log in, find the download page,
> > > and download what I'm looking for into Money. Even though I only do it
> > > once
> > > a month, it does take quite a while. Will this service go to all of
> > > these
> > > institutions for me and do it all at once, then I just download all the
> > > info
> > > into MS Money at one time?
> > > That's the plan, tho the statement fetching from those who provide

> > their own OFX servers is usually more reliable. When the third party
> > (Yodlee) gets the data, the process can be upset for a while if the
> > institution changes the website layout.
> > > The bigger brokers and a lot of credit cards have their own OFX

> > servers. With banks, while many do that, the majority do not provide
> > their own servers, and thus the third party info gathering (they go
> > to the web site on your behalf using your credentials) is the method
> > available for those banks. If you don't want that for a given
> > institution, you could still reduce the number of websites you go to
> > manually.
> > > > That might be worth it.
> > > You might even tend to do it more frequently that way. I like the

> > more frequent checking so that my transactions are fresher in my
> > mind. It is especially nice to check credit card accounts more
> > frequently, in case some anomalous charge were to show up.
> > > > > Dave
> > > > > > > > > > > "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
> > > news:6e92h4dpalu5kvci6r6ke00sfsee7vupv4[at]4ax.com...
> > > > In microsoft.public.money, David Schwartz wrote:
> > > > > > > > Are these worth signing up for? It gives me the impression that
> > > > > Microsoft
> > > > > will take over my MS Money database and put it online.
> > > > > > > It is necessary if you want a third party contracted by Microsoft to
> > > > provide access to your accounts. If you only use web page or direct
> > > > OFX access to get data into your file, it is not needed. Look for
> > > > the term "third party" on
> > > > http://www.microsoft.com/money/bankonline.aspx
> > > > Even tho this type of access is available, you may choose to not use
> > > > it. There may be web statement download directly from your
> > > > institution, and for that, no LiveID is needed.
> > > > > > > > > > The info will be on an encrypted web site, using the same SSL
> > > > protocol that banks use for their customer account websites. So it
> > > > is only put online in the same sense that your bank puts your
> > > > account info online. The LiveID is the access authentication method.
> > > > > > > > Its hard to tell
> > > > > what all of the BS is actually saying. Is there a fee?
> > > > > > > No.
> > > > > > > > Anyone familiar
> > > > > with this seemingly MS hype?
> > > > > Thanks

> >

  #5  
Old 11-06-2008, 03:57 AM
Cal Learner-- MVP
Guest
 
Posts: n/a
Default Re: Windows Live ID and MS Money My Account

In microsoft.public.money, David Schwartz wrote:

- quote -

> Sounds a little scary to me to put all my user names and passwords on a
> single site. Do you vouch for its safety?


Maybe http://privacy.microsoft.com/en-us/default.mspx or
http://privacy.microsoft.com/en-us/fullnotice.mspx#use would make
you feel better. I don't even understand it all. So I don't vouch,
but I don't have rational reasons to suspect danger.

I use a mix of the direct OFX (no third party) and web statements
(no third party) myself, tho I have at times set up the third party
method for some accounts I consider less sensitive. In the case of
credit cards, there are many fine ones that provide their own OFX
servers.

- quote -

> "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
> news:rfk3h41fhjlqvb6dj7tfqtkb3l8lisddhj[at]4ax.com...
> > In microsoft.public.money, David Schwartz wrote:
> > > > Will it make my life easier? Right now I have to go to 8 different
> > > institutions' websites, mainly banks, and log in, find the download page,
> > > and download what I'm looking for into Money. Even though I only do it
> > > once
> > > a month, it does take quite a while. Will this service go to all of these
> > > institutions for me and do it all at once, then I just download all the
> > > info
> > > into MS Money at one time?
> > > That's the plan, tho the statement fetching from those who provide

> > their own OFX servers is usually more reliable. When the third party
> > (Yodlee) gets the data, the process can be upset for a while if the
> > institution changes the website layout.
> > > The bigger brokers and a lot of credit cards have their own OFX

> > servers. With banks, while many do that, the majority do not provide
> > their own servers, and thus the third party info gathering (they go
> > to the web site on your behalf using your credentials) is the method
> > available for those banks. If you don't want that for a given
> > institution, you could still reduce the number of websites you go to
> > manually.
> > > > That might be worth it.
> > > You might even tend to do it more frequently that way. I like the

> > more frequent checking so that my transactions are fresher in my
> > mind. It is especially nice to check credit card accounts more
> > frequently, in case some anomalous charge were to show up.
> > > > > Dave
> > > > > > > > > > > "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
> > > news:6e92h4dpalu5kvci6r6ke00sfsee7vupv4[at]4ax.com...
> > > > In microsoft.public.money, David Schwartz wrote:
> > > > > > > > Are these worth signing up for? It gives me the impression that
> > > > > Microsoft
> > > > > will take over my MS Money database and put it online.
> > > > > > > It is necessary if you want a third party contracted by Microsoft to
> > > > provide access to your accounts. If you only use web page or direct
> > > > OFX access to get data into your file, it is not needed. Look for
> > > > the term "third party" on
> > > > http://www.microsoft.com/money/bankonline.aspx
> > > > Even tho this type of access is available, you may choose to not use
> > > > it. There may be web statement download directly from your
> > > > institution, and for that, no LiveID is needed.
> > > > > > > > > > The info will be on an encrypted web site, using the same SSL
> > > > protocol that banks use for their customer account websites. So it
> > > > is only put online in the same sense that your bank puts your
> > > > account info online. The LiveID is the access authentication method.
> > > > > > > > Its hard to tell
> > > > > what all of the BS is actually saying. Is there a fee?
> > > > > > > No.
> > > > > > > > Anyone familiar
> > > > > with this seemingly MS hype?
> > > > > Thanks

> >
  #4  
Old 11-06-2008, 01:29 AM
David Schwartz
Guest
 
Posts: n/a
Default Re: Windows Live ID and MS Money My Account

Sounds a little scary to me to put all my user names and passwords on a
single site. Do you vouch for its safety?


"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:rfk3h41fhjlqvb6dj7tfqtkb3l8lisddhj[at]4ax.com...
- quote -

> In microsoft.public.money, David Schwartz wrote:
> > Will it make my life easier? Right now I have to go to 8 different
> > institutions' websites, mainly banks, and log in, find the download page,
> > and download what I'm looking for into Money. Even though I only do it
> > once
> > a month, it does take quite a while. Will this service go to all of these
> > institutions for me and do it all at once, then I just download all the
> > info
> > into MS Money at one time?

> That's the plan, tho the statement fetching from those who provide
> their own OFX servers is usually more reliable. When the third party
> (Yodlee) gets the data, the process can be upset for a while if the
> institution changes the website layout.
> The bigger brokers and a lot of credit cards have their own OFX
> servers. With banks, while many do that, the majority do not provide
> their own servers, and thus the third party info gathering (they go
> to the web site on your behalf using your credentials) is the method
> available for those banks. If you don't want that for a given
> institution, you could still reduce the number of websites you go to
> manually.
> > That might be worth it.

> You might even tend to do it more frequently that way. I like the
> more frequent checking so that my transactions are fresher in my
> mind. It is especially nice to check credit card accounts more
> frequently, in case some anomalous charge were to show up.
> > Dave
> > > > > > "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message

> > news:6e92h4dpalu5kvci6r6ke00sfsee7vupv4[at]4ax.com...
> > > In microsoft.public.money, David Schwartz wrote:
> > > > > > Are these worth signing up for? It gives me the impression that
> > > > Microsoft
> > > > will take over my MS Money database and put it online.
> > > > > It is necessary if you want a third party contracted by Microsoft to
> > > provide access to your accounts. If you only use web page or direct
> > > OFX access to get data into your file, it is not needed. Look for
> > > the term "third party" on
> > > http://www.microsoft.com/money/bankonline.aspx
> > > Even tho this type of access is available, you may choose to not use
> > > it. There may be web statement download directly from your
> > > institution, and for that, no LiveID is needed.
> > > > > > > The info will be on an encrypted web site, using the same SSL
> > > protocol that banks use for their customer account websites. So it
> > > is only put online in the same sense that your bank puts your
> > > account info online. The LiveID is the access authentication method.
> > > > > > Its hard to tell
> > > > what all of the BS is actually saying. Is there a fee?
> > > > > No.
> > > > > > Anyone familiar
> > > > with this seemingly MS hype?
> > > > Thanks

>


  #3  
Old 11-05-2008, 04:12 PM
Cal Learner-- MVP
Guest
 
Posts: n/a
Default Re: Windows Live ID and MS Money My Account

In microsoft.public.money, David Schwartz wrote:

- quote -

> Will it make my life easier? Right now I have to go to 8 different
> institutions' websites, mainly banks, and log in, find the download page,
> and download what I'm looking for into Money. Even though I only do it once
> a month, it does take quite a while. Will this service go to all of these
> institutions for me and do it all at once, then I just download all the info
> into MS Money at one time?


That's the plan, tho the statement fetching from those who provide
their own OFX servers is usually more reliable. When the third party
(Yodlee) gets the data, the process can be upset for a while if the
institution changes the website layout.

The bigger brokers and a lot of credit cards have their own OFX
servers. With banks, while many do that, the majority do not provide
their own servers, and thus the third party info gathering (they go
to the web site on your behalf using your credentials) is the method
available for those banks. If you don't want that for a given
institution, you could still reduce the number of websites you go to
manually.

- quote -

> That might be worth it.

You might even tend to do it more frequently that way. I like the
more frequent checking so that my transactions are fresher in my
mind. It is especially nice to check credit card accounts more
frequently, in case some anomalous charge were to show up.


- quote -

> Dave
> "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
> news:6e92h4dpalu5kvci6r6ke00sfsee7vupv4[at]4ax.com...
> > In microsoft.public.money, David Schwartz wrote:
> > > > Are these worth signing up for? It gives me the impression that Microsoft
> > > will take over my MS Money database and put it online.
> > > It is necessary if you want a third party contracted by Microsoft to

> > provide access to your accounts. If you only use web page or direct
> > OFX access to get data into your file, it is not needed. Look for
> > the term "third party" on
> > http://www.microsoft.com/money/bankonline.aspx
> > Even tho this type of access is available, you may choose to not use
> > it. There may be web statement download directly from your
> > institution, and for that, no LiveID is needed.
> > > > The info will be on an encrypted web site, using the same SSL

> > protocol that banks use for their customer account websites. So it
> > is only put online in the same sense that your bank puts your
> > account info online. The LiveID is the access authentication method.
> > > > Its hard to tell
> > > what all of the BS is actually saying. Is there a fee?
> > > No.
> > > > Anyone familiar
> > > with this seemingly MS hype?
> > > Thanks

  #2  
Old 11-05-2008, 04:03 PM
Mark
Guest
 
Posts: n/a
Default Re: Windows Live ID and MS Money My Account

More information about this is in the following Microsoft KB articles:
http://support.microsoft.com/kb/212355/en-us
http://support.microsoft.com/kb/914970/en-us

-Mark


"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:6e92h4dpalu5kvci6r6ke00sfsee7vupv4[at]4ax.com...
- quote -

> In microsoft.public.money, David Schwartz wrote:
> > Are these worth signing up for? It gives me the impression that Microsoft
> > will take over my MS Money database and put it online.

> It is necessary if you want a third party contracted by Microsoft to
> provide access to your accounts. If you only use web page or direct
> OFX access to get data into your file, it is not needed. Look for
> the term "third party" on
> http://www.microsoft.com/money/bankonline.aspx
> Even tho this type of access is available, you may choose to not use
> it. There may be web statement download directly from your
> institution, and for that, no LiveID is needed.
> The info will be on an encrypted web site, using the same SSL
> protocol that banks use for their customer account websites. So it
> is only put online in the same sense that your bank puts your
> account info online. The LiveID is the access authentication method.
> > Its hard to tell
> > what all of the BS is actually saying. Is there a fee?

> No.
> > Anyone familiar
> > with this seemingly MS hype?
> > Thanks


  #1  
Old 11-05-2008, 03:55 PM
David Schwartz
Guest
 
Posts: n/a
Default Re: Windows Live ID and MS Money My Account

Will it make my life easier? Right now I have to go to 8 different
institutions' websites, mainly banks, and log in, find the download page,
and download what I'm looking for into Money. Even though I only do it once
a month, it does take quite a while. Will this service go to all of these
institutions for me and do it all at once, then I just download all the info
into MS Money at one time? That might be worth it.
Dave




"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:6e92h4dpalu5kvci6r6ke00sfsee7vupv4[at]4ax.com...
- quote -

> In microsoft.public.money, David Schwartz wrote:
> > Are these worth signing up for? It gives me the impression that Microsoft
> > will take over my MS Money database and put it online.

> It is necessary if you want a third party contracted by Microsoft to
> provide access to your accounts. If you only use web page or direct
> OFX access to get data into your file, it is not needed. Look for
> the term "third party" on
> http://www.microsoft.com/money/bankonline.aspx
> Even tho this type of access is available, you may choose to not use
> it. There may be web statement download directly from your
> institution, and for that, no LiveID is needed.
> The info will be on an encrypted web site, using the same SSL
> protocol that banks use for their customer account websites. So it
> is only put online in the same sense that your bank puts your
> account info online. The LiveID is the access authentication method.
> > Its hard to tell
> > what all of the BS is actually saying. Is there a fee?

> No.
> > Anyone familiar
> > with this seemingly MS hype?
> > Thanks



 
Old 11-05-2008, 03:54 AM
Cal Learner-- MVP
Guest
 
Posts: n/a
Default Re: Windows Live ID and MS Money My Account

In microsoft.public.money, David Schwartz wrote:

- quote -

> Are these worth signing up for? It gives me the impression that Microsoft
> will take over my MS Money database and put it online.


It is necessary if you want a third party contracted by Microsoft to
provide access to your accounts. If you only use web page or direct
OFX access to get data into your file, it is not needed. Look for
the term "third party" on
http://www.microsoft.com/money/bankonline.aspx
Even tho this type of access is available, you may choose to not use
it. There may be web statement download directly from your
institution, and for that, no LiveID is needed.


The info will be on an encrypted web site, using the same SSL
protocol that banks use for their customer account websites. So it
is only put online in the same sense that your bank puts your
account info online. The LiveID is the access authentication method.

- quote -

> Its hard to tell
> what all of the BS is actually saying. Is there a fee?


No.

- quote -

> Anyone familiar
> with this seemingly MS hype?
> Thanks

  #-1  
Old 11-05-2008, 03:28 AM
David Schwartz
Guest
 
Posts: n/a
Default Windows Live ID and MS Money My Account

Are these worth signing up for? It gives me the impression that Microsoft
will take over my MS Money database and put it online. Its hard to tell
what all of the BS is actually saying. Is there a fee? Anyone familiar
with this seemingly MS hype?
Thanks

--
David Schwartz
Commack, NY


 

Tags
account, live, money, windows
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