May
08
Jamie Dimon Wants to Protect You From Innovative Start-Ups
ByRobert Neubecker
Last month, the JPMorgan Chase shareholders’ letter went up online, and the bank’s chief executive, Jamie Dimon, had some harsh words for start-ups selling services that try to improve upon his bank’s offerings.
To the Mints and the Acorns and the Pennys and the scores of other services and their partners that use Chase checking and credit card data in their work — and, more important, to their customers — he declared the following: