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December 5, 2019
On the wires
JPMorgan Chase, Envestnet L Yodlee Sign Agreement to Increase Customers’ Control of Their Data
“With this new agreement, Envestnet I Yodlee is committing to send 100% of its requests for Chase customer data through the bank’s secure API, or application programming interface. This will ensure the apps can receive Chase customer data they need while customers control what’s shared with whom…Because the secure API uses a token-based approach, customers will no longer need to give out their username and password – confidential credentials that should always be treated with the utmost care. Chase now has signed data agreements with a number of leading aggregators and fintechs, including Finicity and Intuit, maker of TurboTax, QuickBooks and Mint.”
December 3, 2018
On the web
The Importance of Interoperability – The Evolution of Payments
Payments Afrika
“In Sub-Saharan Africa both ATM and card infrastructure and penetration is still extremely low. According to the World Bank there are less than 6 ATMs per 100 000 adults across Sub-Saharan Africa, and cash is still the dominant form of payment across the continent. In order to address this gap, mobile money has emerged as a key system for both banking and payments across Africa.”
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