Penny Lee (@pennyleedc) 's Twitter Profile
Penny Lee

@pennyleedc

President & CEO of Financial Technology Association @fintechassoc. Forbes contributor. Proud partner of Jeff Moorad. Chair 2024 Solheim Cup

ID: 1168959840

calendar_today11-02-2013 13:53:52

2,2K Tweet

2,2K Followers

1,1K Following

Penny Lee (@pennyleedc) 's Twitter Profile Photo

Was great to be at the opening ceremony for the Junior Solheim Cup U.S. Team πŸ‡ΊπŸ‡Έ. They compete Monday and Tuesday at the Army Navy Country Club. Go TeamUSA! πŸ‡ΊπŸ‡Έ

Was great to be at the opening ceremony for the Junior <a href="/SolheimCupUSA/">Solheim Cup U.S. Team πŸ‡ΊπŸ‡Έ</a>. They compete Monday and Tuesday at the Army Navy Country Club. Go TeamUSA! πŸ‡ΊπŸ‡Έ
LPGA (@lpga) 's Twitter Profile Photo

Always Remember, Never Forget. Today, we honor and commemorate those who lost their lives during the tragic events of 9/11 in 2001. πŸ‡ΊπŸ‡Έ

Always Remember, Never Forget.

Today, we honor and commemorate those who lost their lives during the tragic events of 9/11 in 2001. πŸ‡ΊπŸ‡Έ
LPGA (@lpga) 's Twitter Profile Photo

On this day 75 years ago, Babe Didrikson Zaharias won the Titleholders Championship This was the first major of the LPGA era and the first of Babe's eight wins in 1950 #LPGA75 MORE ⬇️ bit.ly/3FGAlKf

Patrick McKenzie (@patio11) 's Twitter Profile Photo

Bits about Money is back with an explanation of Open Banking, which has recently come under legal fire from banking trade associations and one large bank in particular. bitsaboutmoney.com/archive/open-b…

Financial Technology Association (@fintechassoc) 's Twitter Profile Photo

1/ Today, we sent a letter from over 80 CEOs across industries urging President Donald J. Trump to support open banking and oppose anticompetitive fees on consumer data access set to take effect next month. #OpenBanking #FinancialFreedom

1/ Today, we sent a letter from over 80 CEOs across industries urging <a href="/POTUS/">President Donald J. Trump</a> to support open banking and oppose anticompetitive fees on consumer data access set to take effect next month.

#OpenBanking #FinancialFreedom
Patrick Collison (@patrickc) 's Twitter Profile Photo

Chase is implementing grabby fees to prevent customers from sharing their own account data with other apps. We (and 80 other companies listed below) think that's bad.

Zachary Perret (@zachperret) 's Twitter Profile Photo

We are proud to sign this letter to help support innovation and competition in consumer finance. Together, we can build a better financial system for all Americans.

Arjun Sethi (@arjunsethi) 's Twitter Profile Photo

Why I Signed the Letter Against Data Access Fees A few weeks ago I wrote about JPMorgan’s attempt to charge fintechs for customer data access. I said then that once data becomes a revenue stream, the goal is to fragment it, lock it in, and sell it at margin.

Jeff Tiller (@tillerx_) 's Twitter Profile Photo

.Tyler Winklevoss and Cameron Winklevoss signed their names to this letter urging President Donald J. Trump to support open banking and oppose anticompetitive fees on consumer data access. Account access and data belong to the customer.

Tyler Winklevoss (@tyler) 's Twitter Profile Photo

Banks should not be able to trap your funds and data with them and make it difficult for you to access your data or move your capital to wherever you see fit. That is your human right and foundational to the proper functioning of the system of capitalism that our country was

Matt Janiga πŸ’₯♻️ (@regulatorynerd) 's Twitter Profile Photo

As a consumer, I am really thankful for the CEOs who signed this letter. The Trump Administration has the opportunity to make sure America keeps looking forward on financial technology, instead of letting a handful of oligopolistic banks drag us into the past.