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Market Chatter: JPMorgan Says Fintechs Must Pay for Customer Data
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Market Chatter: JPMorgan Says Fintechs Must Pay for Customer Data
Jul 11, 2025 11:47 AM

02:24 PM EDT, 07/11/2025 (MT Newswires) -- JPMorgan Chase ( JPM ) has told financial technology companies that they will have to start paying fees amounting to hundreds of millions of dollars to access their customers' bank account information, Bloomberg reported Friday, citing people familiar with the matter.

JPMorgan ( JPM ) did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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