Too Long; Didn't Read
In the US, our financial data should be more easily accessible and transportable. This would make it simpler for more applications to be built to give us views into our financial life (bank account, brokerage, etc…) That in turn would allow different segments of the population to be better served for their needs. Europe's PSD2 initiative requires banks to adhere to a standard API for data access. The winners would be end users benefiting from more ways to manage their financial health. And we should all want that outcome.