Why JPMorgan Is Hitting Fintechs With Stunning New Fees For Data Access

Debanking By Design: JPMorgan’s War On Fintech And Consumer Choice

JPMorgan Chase just announced a new set of fees on financial-technology (fintech) platforms for access to their customers’ bank account information. This move from the banking giant is a direct attack on consumer choice, financial innovation, and the free market.America’s biggest bank is effectively imposing a tax on consumers. These fees aren’t about protecting customers or improving service; they’re about preserving the bank’s monopoly over yo…

Why JPMorgan Is Hitting Fintechs With Stunning New Fees For Data Access

The ultimate price tags on the fees could make a life-or-death difference for fintech companies.

JPMorgan Chase’s Plans for Charging Fintechs for Customer Account Data Raising Concerns With at Least One CFPB Official: Report – The Daily Hodl – MAXBIT

One official at a federal consumer protection agency is reportedly raising concerns over JPMorgan Chase’s plan to charge fintech fees for customers’ account data. An unnamed politically appointed official with the Consumer Financial Protection Bureau (CFPB) believes the agency’s efforts to kill in court an open banking rule enacted under former US President Biden may...

JPMorgan Chase’s Plans for Charging Fintechs for Customer Account Data Raising Concerns With at Least One CFPB Official: Report - The Daily Hodl

One official at a federal consumer protection agency is reportedly raising concerns over JPMorgan Chase’s plan to charge fintech fees for customers’ account data. An unnamed politically appointed official with the Consumer Financial Protection Bureau (CFPB) believes the agency’s efforts to kill in court an open banking rule enacted under former US President Biden may be giving JPMorgan Chase the opportunity to charge the fees, reports Bloomberg.…

JPMorgan Chase’s Plans for Charging Fintechs for Customer Account Data Raising Concerns With at Least One CFPB Official: Report

One official at a federal consumer protection agency is reportedly raising concerns over JPMorgan Chase’s plan to charge fintech fees for customers’ account data. An unnamed politically appointed official with the Consumer Financial Protection Bureau (CFPB) believes the agency’s efforts to kill in court an open banking rule enacted under former US President Biden may... The post JPMorgan Chase’s Plans for Charging Fintechs for Customer Account D…

‘Banksters Are Out To Kill Crypto,’ Tyler Winklevoss Slams JPMorgan - Coin Surges

The debate over who should control—and pay for—access to US consumers’ banking data turned acrimonious after Gemini co‑founder Tyler Winklevoss claimed that JPMorgan Chase & Co. is “trying to kill fintech and crypto companies.” In an extended X thread posted late Sunday, Winklevoss charged that the nation’s largest bank wants “to take away your right to access your banking data for FREE via third‑party apps like Plaid and instead charge you and …