SAN FRANCISCO The big banks and Silicon Valley are waging an escalating battle over your personal financial data: your dinner bill last night, your monthly mortgage payment, the interest rates you pay.Technology companies like Mint and Betterment have been eager to slurp up this data, mainly by building services that let people link all their various bank-account and credit-card information. The selling point is to make budgeting and bookkeeping easier. But the data is also being used to offer new kinds of loans and investment products.Now, banks have decided they arent letting the data go without a fight.
Källa: Banks and Tech Firms Battle Over Something Akin to Gold: Your Data – The New York Times
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