Would it be better for privacy? I just can’t imagine a world where our “intelligence” blows up elementary schools and runs child rape rings and somehow telecom companies are allowed to make a product that doesn’t have access for “white” hats.

Bank tech sucks. I’m really surprised nobody has made a good online bank experience with no-nonsense APIs. This is a great opportunity for Motorola to partner with banks that commit to supporting their platform. The right online bank could be an ideal launch partner.