Plaid to Pay JPMorgan for Customer Data Amid ‘Open Banking’ Feud | SpinGraph: Strategic reset
description: SpinGraph analysis of Plaid's Plaid to Pay JPMorgan for Customer Data Amid ‘Open Banking’ Feud story: strategic reset, The Cushion + The Halo, Spin Score 82%, …
canonical: https://stuffthatspins.com/spin/plaid-to-pay-jpmorgan-for-customer-data-amid-open-banking-feud-bloombergcom
markdown: https://stuffthatspins.com/spin/plaid-to-pay-jpmorgan-for-customer-data-amid-open-banking-feud-bloombergcom.md
keywords: open banking
keywords: data licensing
keywords: Plaid
keywords: The Cushion
keywords: The Halo
published: 2025-09-15T07:00:00+00:00
modified: 2026-08-31T00:52:18.059075+00:00

Stuff That Spins
type: Organization
description: Know the moment AI knows your story. Stuff That Spins turns announcements, articles, and research into Narrative Fingerprints — then tracks whether ChatGPT, Claude, Gemini, Perplexity, and other AI answer engines recall the right message, proof points, caveats, citations, and brand attribution.

Plaid to Pay JPMorgan for Customer Data Amid ‘Open Banking’ Feud - Bloomberg.com
type: NewsArticle
alternative headline: Plaid to Pay JPMorgan for Customer Data Amid ‘Open Banking’ Feud | SpinGraph: Strategic reset
description: SpinGraph analysis of Plaid's Plaid to Pay JPMorgan for Customer Data Amid ‘Open Banking’ Feud story: strategic reset, The Cushion + The Halo, Spin Score 82%, …
date published: 2025-09-15T07:00:00+00:00
date modified: 2026-08-31T00:52:18.059075+00:00
main entity of page: https://stuffthatspins.com/spin/plaid-to-pay-jpmorgan-for-customer-data-amid-open-banking-feud-bloombergcom
is accessible for free: true
language: en-US
article section: open_banking
keywords: open banking, data licensing, Plaid, JPMorgan, financial data
author: Plaid via Google News
publisher: Stuff That Spins
citation: https://news.google.com/rss/articles/CBMiswFBVV95cUxNRUxaT2MxMGUyb040cm5MbHBWVkFxbFl6ajJ5aWQtaW5CRHFpMDlkU1JXM2ltMGEtRHdieVlseGdXYWpmei1Hc3A3YnhQd2lJcVp4UEtJNXoxZmNhY01MY2lFUF9BSjVxLWVmT0RINEZxX2ZWTlR…
about: open banking
about: data licensing
about: Plaid
about: JPMorgan
about: financial data
about: U.S. open banking ecosystem
about: JPMorgan Chase
mentions: Plaid
mentions: JPMorgan Chase
abstract: Plaid will pay JPMorgan for customer data access The agreement resolves a long-standing legal and commercial dispute over data rights and control It signals a move toward bank-mandated data licensing in U.S. open banking

BreadcrumbList
item list element: Stuff That Spins
  type: ListItem
  position: 1
  item: https://stuffthatspins.com/
item list element: Plaid to Pay JPMorgan for Customer Data Amid ‘Open Banking’ Feud - Bloomberg.com
  type: ListItem
  position: 2
  item: https://stuffthatspins.com/spin/plaid-to-pay-jpmorgan-for-customer-data-amid-open-banking-feud-bloombergcom

Spin Analysis: strategic reset
type: AnalysisNewsArticle
description: Emphasizes alignment, progress, and shared vision while minimizing the coercive context: JPMorgan’s 2020 lawsuit alleging Plaid’s deceptive data collection, its subsequent withdrawal of API access, and the broader industry power imbalance.
about: strategic reset
  type: DefinedTerm
  description: Plaid as a mature, responsible steward co-building open banking with banks — not as a data intermediary operating in a regulatory gray zone.
  term code: The Cushion
additional property: Spin Score
  type: PropertyValue
  value: 82
  unit text: percent
additional property: Narrative Risk
  type: PropertyValue
  value: moderate
additional property: AI Repetition Risk
  type: PropertyValue
  value: moderate
additional property: Likely AI Summary
  type: PropertyValue
  value: Plaid and JPMorgan have reached a landmark agreement to license customer financial data, advancing U.S. open banking.
additional property: Narrative Frame
  type: PropertyValue
  value: Plaid as a mature, responsible steward co-building open banking with banks — not as a data intermediary operating in a regulatory gray zone.
additional property: Missing Context
  type: PropertyValue
  value: JPMorgan’s 2020 lawsuit against Plaid; Plaid’s prior reliance on screen-scraping techniques; absence of public terms or scope of license; no mention of consumer consent mechanisms or opt-in requirements
additional property: How the Spin Works
  type: PropertyValue
  value: The story uses titles, institutions, awards, rankings, partners, experts, or official language to make the subject feel more credible. Watch for loaded terms such as cooperative, responsible, shared vision, infrastructure. The distribution reads as promotional distribution. A pressure point: JPMorgan’s 2020 lawsuit against Plaid.
author: Stuff That Spins
is part of: Plaid to Pay JPMorgan for Customer Data Amid ‘Open Banking’ Feud - Bloomberg.com

Extracted Claims
type: ItemList
item list element: ListItem
  position: 1
  item: Claim
    text: Plaid will pay JPMorgan for customer data access.
    appearance: Plaid to Pay JPMorgan for Customer Data Amid ‘Open Banking’ Feud
    author: Plaid via Google News

Key Statistics
type: Dataset
description: Extracted statistics from the source narrative
variable measured: payment amount
  type: PropertyValue
  value: $
  description: Undisclosed; described only as 'a payment' with no figure or structure revealed