JPMorgan Chase and Plaid have announced the renewal of their data access agreement, ensuring continued secure access for shared customers to financial products and fostering innovation within the open banking framework. This agreement extends the long-standing collaboration between the two companies, who have been instrumental in connecting consumers to their banking data.
The renewed agreement, which includes a pricing structure, outlines a series of commitments from both JPMorgan Chase and Plaid. These commitments are designed to ensure that consumers can access their data safely, securely, quickly, and consistently. Both firms also plan to pursue innovation and technological investment to further enhance data access.
Melissa Feldsher, Head of Consumer Payments at JPMorgan Chase, commented on the development: “JPMorgan Chase has a long history of working with Plaid and we’re excited that partnership will continue and the open banking ecosystem will continue to thrive. Today’s announcement will ensure that our customers can continue to quickly, safely, and securely access their financial data for years to come and stay connected to the products they rely on every day.”
Echoing this sentiment, Eric Sager, Plaid COO, stated: “We have always believed consumers should have the right to access and share their own financial data, and JPMorgan Chase has been a partner in that effort. This extended agreement ensures ongoing access for the millions of Chase customers who rely on Plaid every day to connect with the products and services they trust.”
Plaid and JPMorgan Chase have a history of collaboration aimed at enabling JPMorgan Chase customers to connect to a variety of financial products and services, including personal financial management tools, payment applications, and investment platforms. The extension of this existing contract will not affect Plaid’s current customer agreements or pricing.
Plaid, headquartered in San Francisco, powers tools that millions of individuals use for healthier financial lives. Its mission is to build a more inclusive, competitive, and resilient financial system by simplifying payments, transforming lending, and advancing efforts against fraud. Over 7,000 companies, including fintechs, crypto firms, Fortune 500 enterprises, and major banks, utilize Plaid to provide individuals with greater choice and control over their finances. Plaid connects to more than 12,000 financial institutions across the U.
S., Canada, the UK, and Europe.
JPMorgan Chase (NYSE: JPM) is a leading financial services firm based in the United States with global operations. As of June 30, 2025, the firm reported $4.6 trillion in assets and $357 billion in stockholders’ equity. JPMorgan Chase is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. Operating under the J.
P. Morgan and Chase brands, the firm serves millions of customers in the U.
S. and a wide range of corporate, institutional, and government entities worldwide.
