[datavirtue]

The government has typically abdicated payments to various proprietary networks and big banks in the US. Try getting your hands on the NACHA spec for our glacial "direct" deposit standard.

We also have no standard way of letting users authenticate to their bank to download transactions. Once you get logged in there is usually a way to get OFX (QFX) files but the process is manual. I happened on the European open banking documentation the other day...jealous.