Summary
During a sync, Nance fetches your latest transaction data from your bank and updates your app with the most recent information.
How This Works in Nance
Sync is the process where Nance keeps your financial data up to date in the background.
1. Data Fetching from Bank
- Nance requests updated data through the Account Aggregator
- Your bank shares:
- New transactions
- Updates to existing data (if any)
2. Data Processing
- Incoming transactions are:
- Categorized
- Tagged with:
- Payment channel
- Contact (if identifiable)
- System applies:
- Existing rules
- Past user corrections
3. App Update
- Updated data reflects across:
- Transactions page
- Insights and analytics
- Budgets
- AI assistant responses
4. Background Execution
- Sync happens automatically within your selected time windows
- No manual action is required
What You Might Notice
- New transactions appearing
- Updated categories or contacts
- Changes in insights or budget usage
Important to Know
- Sync depends on when your bank provides updated data
- There may be delays or failures due to bank-side issues
- Nance ensures near real-time updates, but not instant guarantees
Behind the scenes,
sync is Nance catching up with your money.