A friend is renting a house and the application requires connecting your bank account (via login) to pull 90 days of purchases and balances. Seems really invasive for a rental or any purchase for that matter. Is this really becoming a new standard?

A friend is renting a house and the application requires connecting your bank account (via login) to pull 90 days of purchases and balances. Seems really invasive for a rental or any purchase for that matter. Is this really becoming a new standard?