With the crisis, salaries have fallen and taxes have risen, if you spend more than you would like and you want to know where your money is going And how to save you have two options, take a paper and a pencil and start recording expense by expense or let the iPhone app Fintonic do it all for you.
And when I say everything I mean everything you don't have to enter anything, neither receipts nor invoices, the app takes the expenses of your accounts banking, your receipts, your card purchases and get a statistic of everything. This way you will know from which item of expenses you can save.
The best thing about Fintonic is undoubtedly its automatic operation, you do not have to do anything except allow access to bank accounts (later we will talk about Fintonic security) and from the application itself you will be able to see a statement of all your accounts at once, all movements, card charges, direct debits, etc. And also everything organized in categories (food, children, house ...).
You will also see a graphical representation of all financial data, which will help you understand perfectly where your money is escaping, where you spend the most and where you could save a little and have less expenses. You can filter expenses and income on specific dates and see the relationship and even create savings challenges in case you have to save for a gift or a trip.
Also as you carry everything on your iPhone you can set alerts and you will receive real-time notifications, being able to detect commissions, overdrafts, receipts that have been charged twice by mistake. In the end everything works to save you expenses and annoyances at the end of the month.
But is it safe to give me access to my banks?
That is the same question we have asked ourselves and we are not the only ones, on their website you have everything explained. They don't even stick with your name, you only need an email to register; once registered you give him access to read the data, but they cannot do anything else, for the rest (movements, transfers, etc.) they would need your codes from your coordinate card or electronic signature, which he never asks for.
In addition, its security is the same as that of online banks, everything goes 256-bit secure encryption, so much so that they have the security certificate from Mcafee and Verisign.
And is this all completely free?
You can access Fintonic not only from your iPhone, but from its website, fintonic.com, or any device with internet access. . Both the iPhone application and the service are completely free, Fintonic earns money by making you personalized recommendations, that is, if it sees that a service or a certain type of bank is adapted to your needs, it will recommend it, it is not even an advertisement as such, but that serves to offer you the service for free . You can download the app here:
And it seems little to you to give reading access to strangers about the money you have, the account numbers, the card numbers and all your movements ?! They can read everything, but thank goodness they don't keep my name. Goodness.
Regarding the security of your data, it is verified by important companies and audited. They are not unknown, they are a real company with legal personality.
Even so, if you do not trust it, do not use their service, it is not something mandatory, it is something that exists and is very useful for those who want it.
A greeting.
And what can these strangers do with your account or card number and your movements? As far as I know, without the coordinate card, the electronic signature or the three security digits of the credit card, NOTHING, and you don't give them that information. As Gonzalo says, it is one more service if you don't like it, don't use it but I think you are wrong to think that they can do something with the data they can access (we are a little unhinged with the subject of data information, I have little I laughed at Apple's conspiracies and their fingerprint recognition)
As you say in your opinions, I will not be the one who will give you access to my bank details just to see my spending statistics.
I don't have much confidence in this. And that still is the safest and works great, but my account numbers and cards. Sorry but no
It would be good to clarify in the note that it only works for Spain, right? I tell you that the blog is read by many foreigners as well.
Thank you
Regardless of whether or not they can do anything with your data, (which I doubt) it is about privacy joer, that today people seem to sweat it, and for me it is one of the most coveted goods, that the People do not realize (or do not want to realize) everything we do is always registered, and now with apps like this, we just need to give it to them on a tray and above with our consent, so they will also know what we spend the money on and where ... total as some will say ... what else does it matter? This is scary XD
The app does not open for me in the AppStore. I guess as they have already commented it is only available for Spain. It is good that you specify it for a next time, there are many of us who read the blog from abroad. Greetings.
I find it amazing, which I always wanted to have and even tried an Excel. However, it scares me when it comes to safety. There is no shortage of news of the style of "Hackers enter XXX company and obtain user data and passwords." I think it would make things easier.
By the way, does anyone know if there is a problem with the bank's contract where you say that you will not transfer the password to anyone? Could it be that your internet bank insurance is canceled?
As I understand it, Spanish banks have been giving the approval to the application, they have agreements with Norton and McAfee on the issue of security. And I read that it was the Spanish application with the most awards worldwide.
I hope that all of you who are afraid, understandably, bear in mind that all the purchases you make online or by phone are exposing more than in this application, since you provide the 3 digits of the card that with the number they could buy anything for Internet. Anyway, those who love their privacy, which I respect, leave the internet, smartphones, browsers and online transactions, since anyone can know everything about you.
Dargak, don't take me wrong. I find the application rod. Just for now, let me start by trying another. And if all goes well. Upside down. I'm sure that before a year, I'll be wearing something like this.
By the way, one thing is that they duplicate your payment card (duplications are covered by the card insurance), and another to have access to your bank account. I don't know, call me old and suspicious…. 😉