Bank Data

Open Banking Fees and What They Mean for Mortgage Verification

In a HousingWire article published August 21, 2025, Brian Francis of Informative Research explains how new, fee based data access models from large banks, including JPMorgan Chase, could reshape open banking for mortgage verification. It looks at what these models could mean for consumer permissioned data, lender workflows, and borrower costs. ...

JPMorgan to Begin Charging FinTechs for Access to Bank Data

Article In Discussion Published by PYMNTS on July 13, 2025 – read the full article here According to Bloomberg, JPMorgan has told FinTechs and data aggregators that it plans to start charging fees for access to customer bank data. The charges could vary depending on how the data is used, with payment apps likely to see the highest rates. These...