All the demos and documentation about bank statement processing seem to indicate that this is a weekly activity that takes place using European style bank files.
My question is two fold:
1) What is the recommendation if you want to support a daily import of data. i.e. We have a number of customers on pre-paid terms where we want to check if they have paid prior to issuing a delivery. Lot's of cloud business applications like Xero, QuickBooks, etc now support a continuous feed of new transactions, rather than the idea of a monthly import.
2) Australian Banks for small/medium business only support Quicken Interchange Format (QIF) or an export of a CSV. Are there any good examples of working with either of these formats for Bank Statement Processing.