Tiller Money soon to support open banking connection with Bank of America

Tiller Money was the first of Envestnet | Yodlee’s licensees to launch open banking in 2020. First with Citi, followed shortly by Chase. Now Bank of America is being added to the list with new banks expected to be enabled over the coming months and years.

Banking data aggregation is an ever evolving industry, but it’s exciting to see the banks get on board with allowing consumers to truly own their data. These advancements offer more secure standards for 3rd party aggregators to pull the data into financial applications like Tiller Money.

This new connection means more reliable bank data refreshes so your Bank of America spending, transactions, and balances make it into your spreadsheets even faster. No more fumbling with your phone to re-authenticate an account to access your data. The best part is, you’re making a direct connection with the bank so you no longer have to share your username and password with Yodlee.

The Tiller Money open banking connection for Bank of America will go live Feb 15, 2021. Existing Tiller Money customers with connected Bank of America accounts will need to update their connections by March 15th to keep the connection active and the data flowing.

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Heather Phillips
Heather comes from a background of user experience design & customer support. She loves helping others learn, explore and discover better ways to use applications and products that improve their lives. When she’s not coaching customers on Tiller best practices, tweeting or writing blogs, she’s probably at a yoga class, out for a hike in the Blue Ridge, or off volunteering for a variety of non-profits.
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Notable Replies

  1. Has this gone live yet?

  2. Hi @stephenk, sort of :slight_smile:

    After a few customers tested it out there was an issue and Yodlee indicates they’ve identified a bug and will be tentatively pushing a fix on Sunday 2/21. We’ve been tracking this internally and just got word this morning that it wasn’t fully working so very timely for you to ask here!

  3. Thanks for the update. Hoping the bug fix works and the update goes out soon! Please keep us posted.

  4. I was able to update my connection with no issues. Not sure what type of issues came up earlier but I’ll have to wait and see if things sync properly over the next couple days.

  5. Avatar for jono jono says:

    Hi @heather,
    I have a question that others might want to know too.

    When Tiller gets connected to Bank of America or the others via Open Banking, is there any confirmation of this or section saying this on the Bank’s websites?

    On the Tiller setup page, does it indicate anywhere that it is using Open Banking?

    Jon

Continue the discussion at community.tillerhq.com

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