Recently, JPMorgan Chase announced a shift in how it manages access to consumer banking data, introducing new data access fees for third-party aggregators. While the move focuses on infrastructure cost-sharing and consumer data stewardship, it reflects an evolving discussion about how financial institutions manage and fund access to their infrastructure, raising important questions about how different types of fintech use cases should be treated. For the mortgage sector, this conversation comes at a critical time in the adoption of automated income and asset verification.
