# @forbes on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DMYGgvov6UV
- **Gondola URL:** https://gondola.cc/posts/32582021-forbes-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/d72846adfd.jpg
- **Posted:** 2025-07-21T16:30:14.000+00:00
- **Account Owner:** Forbes (@Forbes) — https://gondola.cc/Forbes

## Caption

#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.

Read more at the link in our bio. (Photo: Noam Galai via Getty Images)

## Stats

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- **Likes:** 2,446
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- **Comments:** 29

## Tags

bank, jpmorgan, fintechs, jamiedimon

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