Transaction data via API is much more than just viewing a statement. Being able to access this in a standardised way is a huge win for all sorts of financial an

Transaction data via API is much more than just viewing a statement. Being able to access this in a standardised way is a huge win for all sorts of financial and accounting apps, as well as certain specialised industries (credit checking, rental agents, etc) And open banking does support "sending money to someone" (variable recurring payments), subject of course to some security constraints. You wouldn't want to just let every random app that you let access your bank account initiate any transaction it wanted without an additional authorisation step, would you? Everything else you mention is a pretty infrequent and specialised transaction and the benefit to having an API would be minimal. (OK, I could see value in an app that automatically updated your address etc with every company you have a relationship with, but that would require a common API across many industries, not just banking)