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JPMorgan announces plans to charge for access to customer bank data
CNBC Televisionยท 2025-07-11 21:18
Well, PayPal and other fintech stocks under pressure today. Mackenzie Sagalos here on set to explain why. Hey, John.So, fintech stocks sold off Friday after a Bloomberg report that JP Morgan plans to start charging for access to customer bank data. A move that could disrupt how these companies move money behind the scenes. Now, PayPal led the drop down more than 5 and a half% with a firm Fiserve and Chime also sliding.Robin Hood was the least affected, still holding up despite a string of negative headlines ...