>There are privacy laws that prevent your bank from selling your financial history and details

There aren’t really. Banks and Visa/MasterCard are monetizing your data too. Even your phone and internet provider is selling whatever data they have on you.

https://mysudo.com/2021/03/shocked-or-not-your-bank-is-selli...

https://www.fastcompany.com/90490923/credit-card-companies-a...