December 10, 2020

OAuth is here! We started migrating the first set of direct import connections late last month and look forward to many more financial institutions making the switch soon.

What’s OAuth, you ask? It’s an “open-standard authorization framework”—basically, a widely accepted method for giving one entity (in this case, YNAB via our direct import partners) access to a specific set of data from another entity (in this case, your transaction information from your financial institution).

What does this mean in YNAB? Let’s say you’re creating a connection to “YourBank” and YourBank supports OAuth. As a part of the process, you will enter credentials and authorize this connection directly with YourBank. We expect OAuth powered connections will be more stable and require fewer re-authorizations, which means more time for good ‘ole budgeting!