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Fidelity Increases Data Security by Limiting Credential Sharing
Fidelity Link to more items from this source
Sept. 18, 2024

"Some third-party fintech firms use credential sharing to access, manage, and trade within their clients' employer-sponsored retirement accounts ... without plan sponsor oversight. Credential sharing presents security risks to our customers ... Fidelity ... will begin taking steps to prevent platforms reliant on credential sharing from accessing and taking action in customer accounts held at Fidelity. This change is with customers' best interests in mind to enhance security and reduce customer data exposure."  MORE >>

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