JPMorgan Chase & Co. (NYSE: JPM) has updated its data-sharing notices, according to a report from Bloomberg. The changes are part of an ongoing effort by the bank to address concerns raised by financial technology companies regarding how customer data is handled.
The report indicates that the adjustments to the notices are intended to clarify the terms under which customer data is shared, aiming to reduce friction in the relationship between traditional banking institutions and fintech partners.
The news comes as JPMorgan continues to navigate a competitive landscape involving the broader financial technology sector.
