#JPMorgan Chase, the biggest bank in America, has been angry for years about being forced to hand over customer data to fintech companies for free.
Now its billionaire CEO
#JamieDimon seems to be capitalizing on a moment of deregulation to slap fintechs with new fees, and the coming negotiations will determine how much damage the behemoth inflicts on their businesses.
The
#bank’s aggressive move is a big escalation in the ongoing battle between financial services incumbents and challenger
#fintechs.
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