From the 1̶4̶t̶h̶ ̶o̶f̶ ̶S̶e̶p̶t̶e̶m̶b̶e̶r̶ March 2020, banks will enable Strong Customer Authentication (SCA) on their banking portals. This will affect your ability to pull data as a client of our API when using a Credential Sharing bank.
TrueLayer will disable Credential Sharing connectors on the 28th of February 2020.
Credential Sharing banks depend on screen scrapping technology to retrieve the end-user’s financial data. As such, requiring SCA for every login action will severely impact the frequency and the user-experience when retrieving the data.
A possible alternative is to migrate your end users to the bank’s Open Banking connection. This connection should be up to par, in terms of capabilities, with his credential sharing equivalent.
Check the available endpoints and features per providers here.
Check out our blog post with all the details about the transition to Open Banking here.