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Germany pushes to block Big Tech from shared financial data system - 9to5Mac
The EU's new financial data sharing system will promote the development of new digital financial products. Apple may not get access to it.
As The Financial Times reported, Germany has moved to block Apple, Amazon, Google, and Meta from gaining access to FiDA: The FT says that “negotiations on the Financial Data Access (FiDA) regulation are entering the final stages in coming weeks,” and that, according to diplomats consulted for the report, “Big Tech groups [face] almost certain defeat.” He began covering Apple news in Brazilian media in 2012 and later broadened his focus to the wider tech industry, hosting a daily podcast for seven years.
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