3) Data is protected/hoarded/scattered because for regulatory reasons. Some countries (LU and CH come to mind) don't allow "their" financial data to be stored a

3) Data is protected/hoarded/scattered because for regulatory reasons. Some countries (LU and CH come to mind) don't allow "their" financial data to be stored abroad, for instance. 4) There are many (MANY!) financial standards and formats. But at the end of the day, a payment is a payment. There are only so many different kinds of financial instruments and transactions. There's a lot of noise, but the signal is still there. And solutions exist to make sense of it all.