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Why? There already is a standard for open banking in the EU with PSD2.

• explaingarlic 5y ago
  I have genuinely no clue what that is. I don't think it's the same thing as Open Banking, though. The FCA did just fine NatWest a quarter of a billion for their blatant money laundering.
  • dbbk 5y ago
    Open Banking is PSD2. They are the same thing.
    • objclxt 5y ago
      No, it’s not. PSD2 does not define any APIs. Open Banking implements the requirements of PSD2, but they’re not the same thing.
• proctrap 5y ago
  Except it's not a standard. It's "everyone has a different API that is broken in another way". But you can threaten legal action if they don't fix it or help you, which gets stuff done.