To everyone in this thread complaining that this is just Canada being Canada and trying to snuff out the upstarts... what the fuck are you going on about?
I'm a US citizen and I want this screen scraping / credential sharing / whatever you want to call it to die in a fire already. Forcing banks to implement any sort of API access seems both preferable to the dumpster fire we have today, as well as more inviting to upstarts, because right now the only way to be an upstart is to literally ask your customers to violate their bank's terms of service.
I'm a US citizen and I want this screen scraping / credential sharing / whatever you want to call it to die in a fire already. Forcing banks to implement any sort of API access seems both preferable to the dumpster fire we have today, as well as more inviting to upstarts, because right now the only way to be an upstart is to literally ask your customers to violate their bank's terms of service.