JPMorgan Tells Fintechs They Have to Pay Up for Customer Data JPMorgan Chase amp; Co has told financial-technology companies that it will start charging fees amounting to hundreds of millions of dollars for access to their customers’ bank account
JPMorgan plans to charge fintechs for customer data . . . (Reuters) -JPMorgan Chase is planning to impose fees on fintech companies for access to its customer bank account data, Bloomberg News reported on Friday, citing people familiar with the matter
JPMorganChase to charge data aggregators for customer data The nation's largest bank is planning to implement fees for access to data that has traditionally been provided free of charge Data aggregators and fintechs accused JPMorgan of exploiting regulatory uncertainty and raising prices for consumers
Data Fee Revolution: JPMorgans Move Sparks Fintech Sector . . . The financial sector is on the brink of a seismic shift as JPMorgan Chase's announcement of data fees for fintechs reshapes industry dynamics This move, which could cost fintechs hundreds of millions annually, marks a pivotal moment in the battle over data control—threatening profitability, accelerating consolidation, and creating new
JPMorgan fees could squeeze fintechs - LinkedIn The Biden-era CFPB said that banks couldn't charge fintechs for access to customer account data The Trump era CFPB says they can And now JPMorgan Chase is telling fintechs they're going to have