Banks that delay in providing customer data are under scrutiny. The suspicion is that they are deliberately hindering companies they see as potential competitors.

Customers give their consent to the transfer of data necessary to use the FinTech company's services. Competition regulators have conduted dawn raids on banks suspected of intentionally holding up the transfer.

The raids were reportedly on Polish and Dutch banks, but they were coordinated by the European Commission. Those having difficulty getting data from UK banks can complain to the Commission or to the UK authorities, or they could threaten to do so, to try to speed up the process.