(Reuters) -JPMorgan Chase has secured deals that will ensure it receives payments from fintech companies for access to its customer bank account data by third-party apps, CNBC reported on Friday, citing sources familiar with the matter.

The agreements were struck with data aggregators including Plaid, Yodlee, Morningstar and Akoya, Drew Pusateri, a JPMorgan Chase spokesperson, told Reuters.

Data aggregators are intermediaries who link banks with fintech firms. They previously accessed customer account data from banks such as JPMorgan without paying for it, enabling fintech apps to offer services like budgeting and payments – an arrangement that drew criticism from lenders concerned about data security and fair compensation.

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