Comments on: Geezeo: Check Your Bank Account on the Go

By: Narinder

Narinder — Thu, 17 May 2007 16:48:41 +0000

Geezeo – Congrats on your successful beta launch of a great service.

I have used contractors in other countries and it impressed me that they could get balance info on their cell phone. It bugged me that I do not have this capability here in US. Now I can check my balance anytime. Thanks Geezeo

By: Christine

Christine — Tue, 15 May 2007 15:21:55 +0000

I gave Geezeo a whirl and I’m glad that I did. It is so convenient to be able to access all of your balances in moments. I think that this will really help me with getting a better grasp on my finances. I look forward to updates and new innovations from Geezeo.

By: Chris

Chris — Tue, 15 May 2007 14:40:07 +0000

I just tried out Geezeo Mobile and it worked like a gem. Within seconds, I had a text message back with all my up to date account balances. Great idea guys, and good luck with future Geezeo updates, looking forward to them!

By: Shawn Ward

Shawn Ward — Tue, 15 May 2007 11:17:10 +0000

Great post. OK, so I am little biased ;) I am one of the co-founders of Geezeo.

Brett/Raddedas – thanks for raising the security questions. As we are dealing with peoples financial accounts security is paramount. Let me provide more insight into how our system works – hopefully this will set some of your security concerns at ease. Here is an overview of our system:

1. you create an account with Geezeo

2. Geezeo generates a username/pw for you to use with our partner, CashEdge. We DO store this username and password. Whenever we need to update your account balances, we send a secured request to Cash Edge over an encrypted channel (ssl).

3. At this point, Cash Edge makes the request out to your bank and they send us your updated information. Any and all informational transactions with your bank are handled by CashEdge. We display the resulting information. We even filter sensitive info out of our log files so that not even our developers or our system administrators will ever know your username and password. That information is never stored at Geezeo.

It’s worth noting that Cash Edge’s aggregation service is used by some of the largest financial institutions (ex. Vanguard). They are a fantastic company and a great partner. Their customers include 5 of the top 10 US Banks and 4 of the top 10 brokers.

If anyone wants more information on Geezeo’s security policies or product plans please drop us a line.

Shawn

By: raddedas

raddedas — Tue, 15 May 2007 08:54:47 +0000

I’m with brett on this one – surely if you hand over the login to your bank account, the bank will immediately refuse all responsibility and protection for any fraud which might happen on it? I’m not sure i’d be willing to give that up in exchange for an SMS with my balance…

By: brettt

brettt — Tue, 15 May 2007 03:17:36 +0000

I do not know if I would trust this, if only because as techcrunch announced a few months ago, 41411 is part of textmarks.com, a site that allows anyone to create a twitter-like automated message system. this sort of lowers credibility to me. i also wonder if they empty all the bank accounts of their subscribers on december 31, 2007 or something, if you’re all responsible for giving the information away and permission to access the account…. bank account is the one place i don’t want to play around.

By: Anne

Anne — Tue, 15 May 2007 02:48:51 +0000

Just tried it out… VERY COOL… I just checked my paypal, bank of america, and american express card balances in one text message. Thanks for the tip…