Canadian Banks with the Best Feeds

Given the issues with Canadian banks working with third party data aggregators like Yodlee and Plaid, the below statistics are provided to give some perspective on which banks might provide a better experience for their customers with PocketSmith.

• Only banks with more than ten active feeds are included.
• The absence of a number means there are no feeds for that bank with that provider.
• Banks are sorted in descending order based on the number of active feeds.
• "Auth Failed" means that authorisation was unsuccessful for some reason. This could be because a two-factor authentication prompt was not entered in time, or it was never sent by the bank, or authorisation failed because the bank threw an error.
• These stats do not cover additional issues that may occur following a "successful" sync, such as delayed, missing or duplicate transactions.
• Data is current as at February 21, 2023.

We keenly await open banking legislation in Canada to force the banks to work in a more open, customer-centric way. For the moment, we can only recommend that people look at moving their business to banks that provide more reliable connections, through working with third-party aggregation services like Yodlee and Plaid.