In a speech at Global Fintech Fest, he called data a *fiduciary responsibility*; not a product to monetise. That’s a big shift. Imagine your bank, loan app, orUPI wallet holding your salary, shopping habits, even your loan defaults; and treating it like gold to be sold, not guarded like a vow. He’s saying: If you’re big enough to shake the financial system, you’re too big to play careless. The account aggregator framework? Built for consent, not capture. And the phrase ‘scale first, ask later’? Officially dead. This isn’t a regulation; it’s a moral reset. Fintechs can’t keep growing by slipping through regulatory cracks. The trust they gain? Hard to earn. The trust they lose? Impossible to rebuild. This could change how every app you use handles your money; and your life.