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Bloomberg: Banking And Fintech Companies Are Fighting For Customer Data

Liang CHE

Summary: According to Bloomberg News, banks and fintech companies are struggling because of the right to compete for access to bank customer data. In recent months, major banks such as JPMorgan Chase and Capital One Financial Corp. have led the industry in new activities to control external companies' exposure to sensitive customer information. They said that ...

According to Bloomberg News, banks and fintech companies are struggling because of the right to compete for access to bank customer data. In recent months, major banks such as JPMorgan Chase and Capital One Financial Corp. have led the industry in new activities to control external companies' exposure to sensitive customer information. They said that their first priority is to protect consumers.

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