Two Blokes

JPMorgan Preparing to Charge FinTechs for Consumer Bank Data

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    Posted by Two Blokes Jul 14 - Filed in Stock - 5 views
    JPMorgan has reportedly told FinTechs it will begin charging for access to customer bank info. That's according to a report Friday (July 11) from Bloomberg News, which noted these fees from the largest American bank could amount to hundreds of millions of dollars, threatening the FinTech sector's business model.