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Plaid to Pay JPMorgan for Customer Data Amid ‘Open Banking’ Feud

Summary by Bloomberg
Plaid Inc. agreed to pay JPMorgan Chase & Co. for its consumer data, the latest accord in a battle between financial technology firms and banks over who can access the sought-after information.

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BloombergBloomberg
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Plaid to Pay JPMorgan for Customer Data Amid ‘Open Banking’ Feud

Plaid Inc. agreed to pay JPMorgan Chase & Co. for its consumer data, the latest accord in a battle between financial technology firms and banks over who can access the sought-after information.

·United States
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American BankerAmerican Banker

Should banks charge data aggregators fees? The debate continues.

When JPMorganChase said it planned to charge aggregators for its customer data, it sparked strong feelings on all sides.

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American Banker broke the news in on Monday, September 15, 2025.
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