01:47 PM EST, 11/14/2025 (MT Newswires) -- JPMorgan Chase ( JPM ) has struck deals that will ensure it is paid by the fintech firms responsible for nearly all the data requests made by third-party apps accessing customer bank accounts, CNBC reported Friday.

The New York based bank has signed updated contracts with fintech intermediaries that account for over 95% of data pulls on its systems, including Plaid, Yodlee, Morningstar and Akoya, according to JPMorgan ( JPM ) spokesman Drew Pusateri, the report added.

After weeks of negotiations, JPMorgan ( JPM ) agreed to lower pricing from its original proposal, while the fintech middlemen secured concessions related to the servicing of data requests, people familiar with the matter told CNBC.

JPMorgan ( JPM ) did not immediately respond to MT Newswires' request for comment.

(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.)

Price: 304.67, Change: -4.82, Percent Change: -1.56