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This is not controversial. If you are a technology company working with banks, you should be bank-grade. I suspect anyone who works in the banking industry reading our comments will appreciate my conservative approach to protecting their interests. 

You seem somewhat jaded, and I am sorry about whoever hurt you. ;-)

Your comment is so off the mark that I don't know exactly where to begin. I suspect that we are assigning different meanings to the words we are using. To me, "bank-grade" means understanding the operating requirements of the financial institution, particularly as it relates to their customers. Our guiding light is to "do no harm" to their customers, not just because it is the right thing to do, but it is also the regulatorily safe thing to do. To suggest a financial institution in the most highly-regulated industry on the planet is not bothered by a lack of safeguards that put them in a regulatory safe harbor is to completely misunderstand the impact of even minor transgressions. For instance, UDAAP compliance means, among other things, that a customer will get the loyalty benefit that was communicated to them. That benefit may be less than a dollar, but the penalty for a miscommunication is comparatively incalculable. 

If there are banks telling you privately that they do not mind if your platform breaks down once in a while so that they can intentionally cheat their customers, please send that list to me so I can avoid doing business with them.