Answer
In the One Step Update settings window, uncheck Sync Transactions to Quicken Cloud if you want to disable automatic cloud synchronization with your bank. The Quicken Cloud will automatically download new transactions that are linked.
Everything you need to know about your Quicken Subscription
How Quicken Cloud Can Make Personal Finance Management Tasks Easier For Users
In the One Step Update settings window, uncheck Sync Transactions to Quicken Cloud if you want to disable automatic cloud synchronization with your bank. The Quicken Cloud will automatically download new transactions that are linked.
Do I need an internet connection to access/run it? Like previous versions of Quicken, the Quicken subscription is installed on your local system; Quicken is not hosted in the cloud. You’ll be using the internet to download your online banking transactions.
Important: Quicken Cloud does not create a backup of your data, meaning you can only restore it from the desktop or mobile Quicken products.