Data Access Fees

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Kraken· 2025-08-14 23:44
RT Arjun Sethi (@arjunsethi)Why I Signed the Letter Against Data Access FeesA few weeks ago I wrote about JPMorgan’s attempt to charge fintechs for customer data access. I said then that once data becomes a revenue stream, the goal is to fragment it, lock it in, and sell it at margin. https://t.co/vKHObuxvyEThat is precisely what is happening.I signed this Financial Freedom letter because the stakes are higher than people realize. Charging high fees for access to consumer financial data is not just bad poli ...