JPMorgan Chase is planning to ban fintech apps from using customer passwords to access their bank accounts (2/10)

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Submitted to "Fintech News Daily 2020: Week #1 (Open list) (10 submissions)"

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by Christophe Langlois Jan 6, 2020, 11:34 am

“JPMorgan Chase is planning to ban fintech apps from using customer passwords to access their bank accounts and data, according to the Financial Times.

UK Consumers Views On Open Banking Enabled Features Business Insider Intelligence Instead, the banking giant is working on a system that uses tokens to send third parties a narrower range of data in a secure form”

Source: Business Insider

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Written by Christophe Langlois

Based in London for almost a decade, Christophe is an entertaining fintech marketing keynote speaker and a trusted advisor to the global financial services industry on the topics of digital marketing, innovation and B2B social media.

Christophe has contributed to over 140 events in 18 countries.

Currently, Christophe is advising a number of fintech startups on marketing and growth hacking and he is the Chief Marketing Officer of The Fintech Power 50, an exclusive annual programme helping fintech scale-ups to accelerate their growth globally.

Christophe's views on VisibleBanking.com are his own.