No, Buxfer does not require that you store your banking credentials on our server in order to be able to use the service. Instead, you have the following options while synchronizing your accounts:

• Store your credentials offline using Google Gears, Firefox 3 or Safari
• Store your credentials offline using Firebux, a Firefox add-on
• Manually enter your credentials everytime

Read more

To ensure a secure and hassle-free online experience while managing your money, Buxfer follows industry standard encryption techniques and best practices.

• Secure communication: All information you upload or share with our server is encrypted during transmission to prevent a third party from eavesdropping. Buxfer employs 256-bit high-grade encryption (industry standard) and has been securely over SSL to your financial instituion
• Protection against phishing: Buxfer's business and domain name has been verified and approved by Verisign, the industry leader in online security.
• Safety from hackers: Buxfer employs McAfee to conduct rigorous daily security scans, comprising of dynamic port scanning, port-level network services vulnerability testing, and web application vulnerability testing, resulting in highly effective and pro-active security.