Fintech platforms in Europe will pay banks for "premium" customer data by 2026, predicts Yapily's CEO Stefano Vaccino.
This includes data such as email addresses and mortgage account details.
US banks are openly discussing charging open banking fintechs for access to their customers' data.
The familiar playbook of opaque financing is back in use.
Author's summary: Fintechs to pay banks for customer data by 2026.