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WealthManagement.com

What the Treasury’s FinTech Report Means for Account Aggregation and Advisors

By Sam Steinberger

Robo advisors like Betterment were cheered by the report as well. As both a consumer and provider of financial data, the company was impressed by The Treasury Department’s efforts to support the position of data aggregators, especially as some “large financial institutions” seek to restrict who is able to access consumer data, said Josh Rubin, corporate counsel at Betterment.

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This article originally published August 15th, 2018 on WealthManagement.com

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