Back to today’s briefing

Story perspectives

Germany Seeks to Exclude Apple, Google from FiDA

9/24/2025

41 5

Summary

Story summary

Germany proposes excluding Apple Inc. and Google LLC from the European Union's Financial Data Access (FiDA) system.
FiDA requires banks to share customer data with third parties, expanding consumer control.
Lobbying groups say banks are the real gatekeepers of financial information.
Negotiations on FiDA are near completion. Former President Donald Trump threatened tariffs against countries discriminating against U.S. firms.

1 of 1

Story summary

Germany proposes excluding Apple Inc. and Google LLC from the European Union's Financial Data Access (FiDA) system.
FiDA requires banks to share customer data with third parties, expanding consumer control.
Lobbying groups say banks are the real gatekeepers of financial information.
Negotiations on FiDA are near completion. Former President Donald Trump threatened tariffs against countries discriminating against U.S. firms.