"...Selling your data would be idiotic...same reason it would be for your bank [to sell your data] in that trust is the entire business model." I'm afraid that ship has sailed and taken your data with it.
I really don't think you read this article beyond the headline because that's not what it's about or implying...literally in the slightest.
That article is about JPMorgan being able to charge Plaid or other providers for the middleman access. They used to be operating almost for free, now Plaid has to pay for access the same way companies like mine pay Plaid.
So you don't think Plaid sells customer data? And by extension charging for customer data requests by Plaid and other aggregators isn't in fact charging for it?
workworkwork71|3 months ago
That article is about JPMorgan being able to charge Plaid or other providers for the middleman access. They used to be operating almost for free, now Plaid has to pay for access the same way companies like mine pay Plaid.
technofiend|3 months ago
Plaid does in fact sell your data, but they ask for permission first. So does JPMC, for that matter: https://media.chase.com/news/chase-launches-chase-media-solu...