Cloud Banking: US Bank to migrate to open banking

Cloud Banking: US Bank to migrate to open banking

US Bank Users: On September 6th, 2023 our financial service aggregator will be migrating US Bank to Open Banking.   
Re-authentication will be needed before September 30th, 2023.

What is Open Banking?

Open Banking is a faster, more reliable, more secure, and more stable way to connect AccountingSuite™ to your bank to get your transactions.  It uses an API (application programming interface) to connect to your bank rather than the traditional method of screen scraping.  Eventually all banks will use open banking to allow third-parties to connect to your accounts and get financial information. The migration of banks to this new way of connecting will happen in an ongoing manner, as banks make the changes needed in order for this type of connection to be available.     

What will I need to do to get on Open Banking with US Bank?

All you will need to do is to re-authenticate your account.   To do this, 

  1. Navigate to Cloud Banking.
  2. Choose US Bank from your list of banks.
  3. Click the double box on the right side of the dropdown to open up the bank account details.
  4. Click the Online tab.
  5. Click Edit Sign In Info
  6. Enter your credentials and MFA info, if requested.
  7. You may receive a window asking for permission to connect.   Grant it.
  8. Click Connect.
That's it!  






What if I have issues?

If you experience any issues with this process, please contact our Help desk at 888-328-8275.


    • Related Articles

    • Getting Started - Connecting your bank accounts to Cloud Banking

      Getting Started with Cloud Banking Cloud Banking simplifies financial management by connecting to over 15,000 banks and credit card companies, automatically syncing transactions to reduce data entry and providing a comprehensive view of your ...

    • Banking

      Banking Record checks and deposits, reconcile bank statements and use cloud banking to minimize data entry. Our banking module is helps you keep to the penny. To get started, navigate over to Cloud Banking and set up your bank and credit card ...

    • Getting Started with Cloud Banking

      Getting Started with Cloud Banking AccountingSuite™ connects you to thousands of banks and credit card companies in the cloud eliminating the time-consuming task of entering transactions manually. Click to accept a transaction rather than entering it ...

    • Cloud Banking Home Page Tab

      The Cloud Banking Dashboard gives you a summary of what's happening with your bank accounts.    On the left you will see a graph that shows cash flow data (deposits and payments) for each month.   On the right is a list of bank accounts that will ...

    • Cloud Banking Dashboard

      The Cloud Banking Dashboard gives you a quick look at your finances and includes information on unapproved transaction counts, bank and book balances, connections status and more! To get to your Cloud Banking Dashboard,  Click Homepage Click the Bank ...