What the JPMorgan-Intuit Partnership Means for the Digital Financial Ecosystem of the Future

Last Wednesday, JPMorgan Chase and Intuit announced that they had found a solution for the perilous sharing of banking data through the use of APIs (application programming interfaces). The agreement will allow JPM’s customers to access their account information and plug it into QuickBooks, Mint, and TurboTax financial management applications without having to hand over their bank passwords.

This resolution is meant to allow customers to use their bank account information with third-party apps without increasi ...

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