> Banks by law require substantial PII in order to even do business with you.

And those laws are extremely invasive and should be repealed. It's offensive to have a law that de facto requires you to identify yourself in order to pay for a newspaper subscription or buy contraceptives over the internet.

But that's not the issue in this case. It's that the bank knows your name and what you buy -- already very bad -- but now you want to create a path to tying that information to everything you do on the internet.