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It's cool that governments are taking action now, but this is a chicken vs egg scenario. If services like Yodlee didn't exist to prove that there was significan
by omeze 8y ago
It's cool that governments are taking action now, but this is a chicken vs egg scenario. If services like Yodlee didn't exist to prove that there was significant demand for programmatic access to consumer financial data by building businesses around it, would governments care? And, how many more years will it take before it gets there? With Plaid/Yodlee/Whatever you can build a Fintech app _today_ in the US that supports thousands of banks. If you're an entrepreneur that's a game changer.