The MX report argues that enabling secondary use cases of consumer-permissioned data is vital for innovation, personalization, and consumer benefit. Restricting these uses could stifle competition and harm smaller institutions lacking large data sets. Secondary data powers tools like financial management apps, improved credit models, and clearer transaction data, saving time and boosting trust. MX supports safeguards like banning data sales and requiring disclosure and consent, but also urges allowing de-identified data for insights, product improvement, and financial wellness support. Done responsibly, secondary use drives inclusion, transparency, and better financial outcomes.

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