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by toomuchtodo 1870 days ago
It's a matter of having regulators require interoperability as Europe did with PSD2 [1]. Plaid is a hack due to legacy financial institutions not being required to provide these interfaces by regulatory bodies.

[1] Revised Directive on Payment Services (PSD2)https://en.wikipedia.org/wiki/Payment_Services_Directive#Rev... (Revised Directive on Payment Services (PSD2))