Earlier quoted context omitted.
I think the point was so that the banks couldn't block access via ip address. Each person would be able to aggregate their bank info on their home computer or they could secure their own server to do it for them constantly.
Not my area of expertise, but isn't it fairly trivial to circumvent an IP address block, (given a willingness to devote some resources to it)?
Yes. But that sounds like a great way to get sued.