It seems disingenuous for the banks to not provide an API spec, and then invest ... | Hacker News

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		writepub on Dec 11, 2018 \| parent \| context \| favorite \| on: Fintech startup Plaid raises $250M at a $2.65B val... It seems disingenuous for the banks to not provide an API spec, and then invest in and present Plaid as an alternative. This is not a technology problem, this is about entrenched players making a buck wherever possible, without doing the logical thing. I'm glad Europe has defined an API for it's banks to avoid this from happening there

sjtgraham on Dec 11, 2018 [–]

> I'm glad Europe has defined an API for it's banks to avoid this from happening there

Except it hasn't. If you're referring to PSD2, that is not what that is at all.

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