Metalogig File Explorer 8 security

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Posts: 2
Joined: 24 Oct 2017, 13:44

Metalogig File Explorer 8 security

Postby BretMan » 27 Oct 2017, 12:56


Before trying MFE I understand it will automatically update/download all my bank, credit card and stocks information from my accounts, including those with dual layer authentication. Is this correct?

Also, what security feature does it apply, such as encryption? Does it encrypt the data while in transmission or locally?

Many thanks.

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Posts: 186
Joined: 20 Feb 2010, 02:37

Re: Metalogig File Explorer 8 security

Postby Metalogic » 27 Oct 2017, 13:22

MFE will not automatically download files from your bank. You need to download them yourself using their download page. MFE is then able to import those files as long as they are in one of the common financial formats (OFX, OFC, QIF, QFX, etc.)

Given that, MFE is not involved in data transmission. The encryption will be provided by your bank. For this reason, MFE will never ask for your bank credentials.
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