How We Chose the Best Personal Finance Software Security If we’re handing over bank accounts, credit card numbers, and the rest of our financial information to a company, we need to be sure it’s taking strict security measures to keep that intel protected. Chapter 3 part 2. So we scrutinized privacy policies and compared security claims. First, we cut any finance app without an “https” domain name. That’s the secure version of http — it uses encryption to prevent any third-party interception while you’re accessing the web. This is especially important for (and even more so when you’re logging into your bank). Then, we dug into the fine print.
Check it out at Sign in using your Quicken ID; Improved: The performance of exporting or copying a report. Removed the 5000 transaction limit; Fixed: An issue where the net worth over time report and calendar view misreported the market value of option trades in an investment account.
All of our top picks use 128- or 256-bit encryption and TLS 1.2 for transmissions — the most up-to-date protections on the web. These ensure that your data can’t be hacked or stolen while it’s in transit. Account Xpress, AceMoney, Budget Express, Home Bookkeeping, Monefy, Moneydance, Moneyline, Pocket Expense, RichOrPoor, Spending Tracker, SplashMoney Multi-factor authentication We also gave preference to personal finance apps that use multi-factor authentication. That includes any step beyond just entering a username and password, like receiving a secret code through text or email. Confirming your identity through another device or channel ensures that you’re really you, and not some hacker who got ahold of the account info. Our top picks all require text- or call-based verification both when you set up your account and start using it on a new device. Access on mobile and desktop We made sure that all of our top picks offer mobile apps for both iPhone and Android, so you can check in and manage your finances on the fly — say goodbye to anxious mental math before picking up that next round of drinks.