Absolutely, you are the company paying for all the work of the FOSS app, having to ensure it meets FCC regulations for banking. It’s a huge mess. Costs millions to do.
FCC regs, really? That’s comms. First I’m hearing the FCC regulates banks. But surely those regs must be quite lax because banks in the US are quite sloppy. One-factor auth is good enough.. if someone gets your username & PW they can spend your money. US banks are putting their websites on Cloudflare, so all sensitive banking info and transactions is shared with a tech giant. Pretty much everything is outsourced, even simply printing statements, which puts a lot of eggs in one basket. US banks get breached regularly, like Capone who didn’t even bother to encrypt data at rest on Amazon’s server, so an Amazon contractor leaked the data.
With such lousy regulation, would it really be hard to get approval for a FOSS app?
Even in the US people are forced to use the web for public service even if it’s not officially announced.
E.g., suppose you want to see the state secretary’s records for a corporation. A lot of SoS websites try to force you to solve a #CAPTCHA. Fuck CAPTCHAs. I don’t do CAPTCHAs. So there’s an offline option, right? Ha. Try it. Send a snail mail letter to a state secretary requesting the registration records for an arbitrary business you know they should have records on. They just ignore it now. They don’t even have the courtesy to respond to say why they will not treat your request. Offline services have been quietly taken away without people even noticing.