this post was submitted on 12 Dec 2025
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[โ€“] lornosaj@lemmy.world 3 points 1 week ago

I mean that be great if banks wouldnโ€™t have risk based approaches (required by EU almost everywhere btw) which surprise surprise lean towards US companies in some areas due to the e.g. stability or scalability of those services and all the shit they need to operate according to - guess what - EU rules for client facing services. EU fell behind on the cloud provider stuff and now the choice for international banks is to go US or โ€ฆ US (since everything else is quite above their risk/value ratio for such large companies).