This is not the problem. If it was the problem then banks in (most of) the rest ... | Hacker News

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		marcus_holmes 6 months ago \| parent \| context \| favorite \| on: Open Banking and Payments Competition This is not the problem. If it was the problem then banks in (most of) the rest of the world would also be stuck 50 years in the past. They're not.

astrange 6 months ago [–]

Other countries' banks don't have the US regulatory environment.

marcus_holmes 6 months ago | [–]

Yes, they do. The UK and Australia (examples I know) have equally stringent regulatory environments as the USA.

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