A battle is brewing over your financial data
New technology is upending everything in finance. A week after Visa bought Plaid, a Silicon Valley upstart, for an eye-popping $5.3 billion, a Swedish firm called Tink has topped up its war chest. The tech companies are competing to build the dominant networks for connecting financial institutions, whizzy apps, and consumers to each other.
News story posted on 2020-01-20T17:38:00.0000000Z