With customers' permission, fintech firms have INCREASINGLY TURNED to data aggregators to 'screen scrape' information from financial accounts. In such cases, data aggregators collect and store online banking logins and passwords PROVIDED by the bank's customers and use them to LOG DIRECTLY into the customer's banking account.

Author - Jerome Powell


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Posted on 24 Nov 2024, this text provides information on Store related to Jerome Powell. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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