JPMorgan Executive Picked to Lead Open Banking Standards Group

A JPMorgan Chase & Co. executive will lead an organization that intends to set technical standards for how banks and fintechs share customer data after the Consumer Financial Protection Bureau finalizes its open banking rules.

Kevin Feltes will serve as the new CEO of the Financial Data Exchange, a nonprofit standard-setting body that includes banks, fintechs, data aggregators, and consumer advocacy organizations as its members.

Feltes, who will be the first to hold the position when he starts in November, currently is the head of partnerships and strategy for JPMorgan Chase’s connected banking group. He also was an FDX board ...