He said that agreements like those Intuit recently struck with the banks would speed up the movement of data
but give the banks too much control over the data flowing to companies like Personal Capital.
Banks like JPMorgan Chase and Wells Fargo say they want to give people access to their data
but are seeking new rules in response to the lack of standards for how technology companies handle it.
Some of the banks have said they do not want to share the interest rates and fees
that they charge customers, even when customers ask for that information to be passed along, said Steve Boms, the vice president for government affairs at Yodlee.
Mr. Harris, who was previously the chief executive at Intuit and PayPal, said
that many banks publicly say they are sharing data while making it hard, behind the scenes, for companies like Personal Capital to get access to it.
The banks say they are pushing for new data agreements in an effort to stop technology companies from getting access to customer data in ways
that the customers might not understand, or that could create security risks.
