Business Insider:
Wall Street banks have had enough of personal-finance apps scraping their data.
The Wall Street Journal's Robin Sidel reports that Mint.com's personal-finance app has been "throttled" or that the data being shared with the app is being restricted.
These apps give users a way to put all their financial data in one place — drawing information from accounts at multiple firms
The point is convenience. Mint, for example, pitches itself as a way to pull" all your financial information into one place, so you can finally get the entire picture."
In the new world, portfolio management is an algorithm inside our smart cards. The Big Banks are fighting the disruption.
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