Building a clone of RocketMoney/Lunch Money/Copilot - is it recommended to store bank transactions, or to strictly read from third parties like Plaid on demand?

1

PlanetScale

Is it smart to store this data in my database provider (which will be PlanetScale)? PlanetScale's data is advertised as encrypted, but should I also encrypt personally identifiable information (PII) so that if someone gets a hand on the data, they at least won't know who it belongs to?

#Vitess #Databases #Relational Databases 98 social mentions

2

Plaid

This feature is grouped into the "non-persistent" storage requirement group. As I see it, I don’t have a need to persist the financial account balance data, as it’s something that will be needed only on-demand. So for this feature, I can just fetch the data on demand from a provider such as Plaid.com, inject the data into an email template, send, and forget.

#Personal Finance #Mobile Banking #Other Fin Tech 78 social mentions

I had an idea for a small personal project to build my own version of popular financial tracker applications similar to those like Rocket Money, Lunch Money, Fina.xyz, or Copilot.

#Personal Finance #Financial Planner #Finance 44 social mentions