Yes, that is one of the ways Quicken scrapes information.
The "bank API" is actually OFX, it's a protocol banks use to send each other data. I'm currently working on trying to get OFX support in My Budget. (I'm the author of the Github project).
The "bank API" is actually OFX, it's a protocol banks use to send each other data. I'm currently working on trying to get OFX support in My Budget. (I'm the author of the Github project).
I signed up for a budgeting service that claimed real time transaction sync and immediately unsubscribed when I realised it was planning to do so by scraping.