It might be partly a US vs. UK/EUR thing, where the latter are more comfortable with compelling industry to just do a thing. And the former is very uncomfortabl

It might be partly a US vs. UK/EUR thing, where the latter are more comfortable with compelling industry to just do a thing. And the former is very uncomfortable with that. In the US, open banking would probably look more like "the IRS requires a bank to have accounts readable using these formats, or otherwise be able to provide same manually, when requested" to prod industry to do it.