Financial data aggregation is important to Intuit products and third-party applications alike. However, as Intuit hones our focus on our core products, we have recognized that providing aggregation to 3rd -party developers no longer fits with our core growth strategy. So that we can prioritize support for developer contributions that directly enhance the QuickBooks platform, we have decided to discontinue the Financial Data APIs (formerly known as CAD).
What is happening?
As of today (March 15, 2016), no new direct Financial Data API (CAD) developers will be allowed to move into production.
To allow current production developers to migrate, the API will be maintained until November 15, 2016.
What are my options?
We have identified a new aggregation partner, Finicity, for whom this service is a core part of their business. Finicity can offer long-term benefits and service for our aggregation customers. To minimize developers’ engineering work to switch APIs, Finicity will provide a façade API interface that translates Intuit-structured API calls into Finicity-structured API calls.
Of course, there are many providers in the market and developers are encouraged to find the right provider for their own business strategies.
How do I get more information about this?
To learn more about Finicity and to be notified about the translation tool release, visit www.finicity.com/IntuitTransition.
We take this decision very seriously. We encourage interested developers to use the QuickBooks APIs in order to get small business financial data and continue to engage in the Intuit network. As always, feel free to reach out to Intuit’s developer relations team with any questions.