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Quicken Bill Manager Security

Now that Quicken Bill Manager will require access to all our biller website usernames and passwords, what assurances do we have that is information will be secure from hackers and employee prying eyes? Is this information maintained in our Quicken vault or stored on some Quicken server somewhere?

Best Answer

Answers

  • Quicken Kathryn
    Quicken Kathryn Administrator admin
    Hi WES,
    Quicken Bill Manager has the same level of security as Quicken; your biller usernames and passwords are actually stored in an encrypted token, and when your bills are updated or paid, all of that information is encrypted with bank-level security before it's sent.

    Hope this helps--
    Quicken Kathryn
    Community Administrator
  • WES
    WES Member ✭✭✭
    So where is this encrypted token maintained -- locally in Quicken or on a server somewhere?
  • WES
    WES Member ✭✭✭
    If your username or password change, how is this updated in Q Bill Manager?
  • WES
    WES Member ✭✭✭
    UPDATED QUESTION:
    If your username and/or password change, how is this information updated in Quicken Bill Manager -- both "billers" and "payment accounts"?
  • Quicken Sarah
    Quicken Sarah Administrator, Moderator mod
    Hello @WES

    Thank you for the additional questions.

    To answer the first question, the encrypted token is maintained locally.  

    To ensure we are understanding the second question correctly, please let us know if you are asking about the Username/Password for:
    1. The Quicken ID
    2. The Online Biller Account(s)
    3. The Payment Account(s)
    Thank you,

    Sarah
  • WES
    WES Member ✭✭✭
    @Quicken Sarah

    Thanks for answering the first question. My second question is how do you update changes to the username and/or password in Quicken Bill Manager for:

    1. The Online Biller Account(s)
    2. The Payment Account(s)
  • WES
    WES Member ✭✭✭
    Good answer -- thank you. General comment -- It would sure be nice if Quicken released a Quicken Bill Manager Manual (PDF) that cover not just the setup of QBM, but also covers all the other functionality and menu items as QBM is new to everyone.
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