JPMorgan Chase CEO Jamie Dimon Defends Plans to Charge Fintech Firms Fees for Customer Data As Stakeholders Voice Opposition

Description

JPMorgan Chase CEO Jamie Dimon is defending the bank’s controversial plans to charge fintech companies such as PayPal and Coinbase fees for access to customers’ account information. In an earnings call for the second quarter of 2025, Dimon said that the fintech-fee decision was made to protect its customers when asked about the new policy. “So, this is very important. So forget pricing for a second, we are in favor of the customer, but we think the customer has the right to if they want to share...