The largest U.S. bank, JPMorganChase, has been in conversations with data aggregators — companies like Plaid that draw customer data from banks and feed it to their fintech clients — to charge them ...
When JPMorganChase in July floated the idea of charging data aggregators fees for gathering its customer data, it kicked off a dispute that continued through industry conferences last week in New York ...
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JPMorgan’s intent to charge for access to customer bank info would pressure margins across the FinTech spectrum of providers, particularly with data aggregators. The path has been paved for that fee ...
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