#JPMorgan Tells #Fintechs They Have To Pay Up For Customer Data - Slashdot
JPMorgan Chase 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 info -- a move that threatens to upend the industry's business models. The largest US bank has sent pricing sheets to #DataAggregators -- which connect #banks and fintechs -- outlining the new charges …
#privacy #pii
