JPMorgan's experts discuss CFPB's proposals, screen scraping vs. APIs, and privacy implications. They delve into connected banking tools, data security, privacy vs. innovation in fintech, and the balance between legacy systems and startups in transactional settings.

Ramon Gomez, Managing Director at JPMorgan Chase, discusses the implications of Section 1033 of the Dodd-Frank Act on consumer data sharing. Topics include screen scraping risks, CFPB oversight, FDX standards, and coordinated regulatory efforts to protect consumer data in the financial sector.