Earlier quoted context omitted.
> What is open about a system that only very few organisations can use I'm sorry - as a consumer, I'm going to want the most stringent checks before giving a third party direct read/write access to my bank account. The biggest criticism people have of the scheme so far is that it 'sounds like a security nightmare' and who is liable if I give someone access and they do Bad Things. Is your criticism really that it is i…
?! No, my criticism is that it is an interface for third parties only that locks out the first party!?
It's a tool specifically designed to allow the first party to open access to a third party. It doesn't lock anyone out of anything.