JPMorgan, Plaid renew data access agreement

JPMorgan (JPM)Chase and Plaid announced a renewed data access agreement that will continue to allow their shared customers to safely and securely access products they rely on for their financial needs and ensure continued innovation within the open banking ecosystem. The data access agreement will continue the long relationship between the two companies, who have helped lead their industries in connecting consumers to their banking data. The agreement, which includes a pricing structure, outlines a series of commitments that JPMC and Plaid made to ensure that consumers can access their data safely, securely, quickly and consistently into the future. The firms will also work through innovation and technological investment to improve data access.