" ... unable to set up USAA because USAA allows only 2 factor authentication login and the Quicken Bill Manager is unable to deal with the resultant variable password."
Not so: Multi-factor authenticati " ... my suggestion for biller setup would be for Quicken to replace the USER ID and Password requirement with the USAA Member Number and PIN. This strategy has worked flawlessly for years when setting up a USAA account for Direct Connect."
I doubt that is possible.
The user is correct that the logon credentials for setting up Direct Connect with USAA are Member Number/Pin; but Online Billers and the new Quicken Bill Manager only work with Express Web Connect. I doubt that the company that handles Online Billers and Bill Manager will be allowed Direct Connect to USAA for those purposes.
[An Express Web Connect logon attempt from within Quicken CAN handle random variable responses required by multi-factor authentication (Navy Federal Credit Union being one example), but I believe that process is dependent on the logon attempt being initiated by Quicken. However since it can be done by Quicken, it may be possible that the company handling Bill Manager can do the same. It's even conceivable that Quicken and the company handling Bill Manager are already working on this.]Until/unless the company handling Bill Manager is able to handle MFA using Express Web Connect:
If a user insists on using multi-factor authentication, I think he/she will have to employ a different billpay approach ... and there are other approaches.
1.) There are some 500 financial institutions that will accept Online Billpay instructions from Quicken. "Bill Manager" is neither necessary, nor beneficial, for pay bills paid that way.2.) For payments that are the same each time, the user should be able to schedule a recurring payment at the web site where their payment account is held (I believe virtually all banks/credit unions offer free billpay at their web sites). Then create a reminder (or use the reminder Quicken creates when the payment is for a loan) to enter (even better, auto-enter) the appropriate transaction in Quicken.
3.) Many billers, such as some lenders, insurers and utilities for example, offer their customers the ability to have the biller automatically debit a user's payment account (such as a checking account). I have some 14 bills being paid this way.Using automatic debit not only precludes the need for Bill Manager, it also precludes the need for Online Billpay (naturally, only for those bills paid by automatic debit). This is especially useful for bills whose amount varies from payment to payment. [Even when employing this approach, you can still use Online Billers in Quicken to notify you of the amount of the next bill.]
For, what I believe is an example of a user trying too hard to continue using an approach that was always more cumbersome than necessary, and has now gotten even more cumbersome, see the following Community discussion:
"How does using Bill Manager change the way I pay mortgages?"
Found at: