“We’re pleased to deliver a great experience for our shared consumer and small-business customers,” said Brad Smith, Intuit’s Chairman and CEO. “Customers will get to decide what they want to share and when they want to share it – without having to hand over their password.” “The most important part of this is giving control to the customer,” said Jamie Dimon, Chairman and CEO of JPMorgan Chase.

It uses a token to authorize Intuit to download the requested account information on behalf of the customer without requiring customers to give Intuit their Chase user name and password. The companies will use technology that will allow customers to authorize Chase to electronically share financial data securely with Intuit's financial management applications, such as Mint, Turbo Tax Online and QuickBooks Online.īoth Chase and Intuit continue to pursue similar agreements with other industry players seeking to give customers more control of their financial information while enhancing security.Ĭhase and Intuit will use a business-to-business, data-sharing connection called an application-programming interface (API) to download the information quickly and safely.

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