pymnts Profile:
JP Morgan Chase (NYSE: JPM)
JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management.
JPMorgan’s $20 Billion Tech Bet Could Shrink FinTech’s Innovation Edge
February 25, 2026
Updating the banking core has traditionally been viewed as akin to docking a cruise ship, with modernization serving as shorthand for incrementalism. Digitize the front end, bolt middleware onto aging ...Read moreJPMorgan’s Dimon Positions AI as Competitive Banking Battleground
February 23, 2026
JPMorgan Chase’s latest company update, on Monday (Feb. 23) underscored that the firm’s technology agenda now extends well beyond internal productivity initiatives. Across the presentation and the question-and-answer session, executives consistently ...Read moreJPMorgan Chase Moves to Dismiss Trump Debanking Lawsuit
February 19, 2026
JPMorgan Chase said in a Thursday (Feb. 19) court filing that it will seek a dismissal of President Donald Trump’s lawsuit that alleges the financial institution “debanked” him in 2021, ...Read moreJudge Rejects JPMorgan Chase Bid to Kill Cash Sweep Lawsuit
February 13, 2026
A class action lawsuit targeting JPMorgan Chase’s cash sweep program can move forward after a federal judge rejected the bank’s request to dismiss the suit, Reuters reported Friday (Feb. 13). In a ...Read moreWhite House Mulls Executive Action on 10% Credit Card Cap
January 18, 2026
Earlier this month, President Donald Trump called for a cap on credit card interest rates. Now, the White House is considering executive action to make that 10% cap happen, Bloomberg News ...Read moreJPMorgan Chase Forms Team to Help Companies Raise Private Capital
January 16, 2026
JPMorgan Chase is reportedly forming a new team that will help companies raise private capital. The Private Capital Advisory and Solutions team will connect investors with companies that are looking for private capital; advise ...Read moreJPMorgan CFO Says Proposed Credit Card Caps Would Hurt Consumers
January 13, 2026
A JPMorgan Chase official says the banking industry could fight proposed credit card price caps. Jermey Barnum, the bank’s chief financial officer, made those remarks Tuesday (Jan. 13) during a call ...Read moreKinexys by J.P. Morgan to Integrate Deposit Token With Canton Blockchain
January 9, 2026
Digital Asset and Kinexys by J.P. Morgan have announced a collaboration that will bring Kinexys by J.P. Morgan’s products to Digital Asset’s Canton Network. The collaboration will initially focus on enabling ...Read moreJPMorgan Offers Clients Greater M&A Insights via AI
January 5, 2026
JPMorgan Chase has launched a service designed to offer clients more insights into its expertise. The banking giant’s “Special Advisory Services” initiative, announced Monday (Jan. 5), is designed to offer advice beyond standard merger ...Read moreJPMorgan Fights Paying ‘Unconscionable’ Legal Fees for Frank Founder
December 31, 2025
Startup founder Charlie Javice was sentenced to prison in September for defrauding JPMorgan. The legal battle around her trial, however, is still going on, as Bloomberg News reported Wednesday (Dec. 31). At issue are the ...Read more

Tokenized Deposits Mean the Demise of ‘End of Day’ Banking
January 16, 2026
Tokenization, and specifically, tokenized deposits, has seen growth in concrete use cases inside the banking system. Rather than replacing deposits or payment rails, banks are exploring tokenized deposits as a way ...Read moreBanks, Cards and Creators Push Stablecoins Into Financial Mainstream
January 9, 2026
The stablecoin pitch has always been a digital token that maintains a stable value, usually pegged to a fiat currency, while inheriting the speed, programmability and global reach of blockchains. What ...Read moreTokenized Deposits Steal Stablecoin Buzz — and the Business Model
January 6, 2026
In 2026, tokenized bank deposits overtake stablecoins as the preferred on-chain dollar for institutional and wholesale money, not because stablecoins disappear, but because banks turn deposits into programmable infrastructure without ...Read moreLatin America FinTechs Expand Despite Regional Volatility
January 5, 2026
Latin America has captured an outsized share of global attention in recent weeks as geopolitics, elections and monetary pressures sharpen focus on emerging markets. Despite the volatility in the region, however, ...Read moreNo More Walled Gardens As Multicloud Agility Comes to Financial Services
December 1, 2025
For most of the past decade, the cloud landscape has resembled a giant, digital land grab. Hyperscalers fought for enterprise workloads one contract at a time, while the largest providers, with ...Read moreTCH’s Real-Time Payments Network Sets Record With 1.8 Million Daily Transactions
October 16, 2025
Consumers and businesses increasingly expect to send and receive money immediately. The latest evidence: The Clearing House (TCH) said Thursday that its Real-Time Payments network, the nation’s largest instant payments ...Read moreCoinbase App Enables Peer-to-Peer Payments with USDC Stablecoin
October 5, 2025
The Coinbase app now enables users to send the company’s stablecoin, USDC, to any recipient’s phone number, email, wallet address, Ethereum Name Service (ENS) or paylink. These peer-to-peer payments can be ...Read moreDeluxe Snaps Up CheckMatch from Kinexys by J.P. Morgan to Scale Payments Network
August 6, 2025
Watch more: Deluxe Snaps Up CheckMatch from Kinexys by J.P. Morgan to Scale Payments Network The check may not be dead, but the envelope is increasingly optional. Payments and data company Deluxe ...Read moreMastercard CEO Sees No Sign of Consumer Spending Slowdown
April 23, 2025
Mastercard CEO Michael Miebach said the payments giant is not seeing consumer spending slow down despite the consumer sentiment surveys indicating that people are worried about the economy. During a fireside ...Read moreJPMorgan Chase and Walmart Introduce Embedded Finance for Marketplace Sellers
March 24, 2025
JPMorgan Chase and Walmart reportedly partnered on an embedded finance solution that lets merchants selling products through the retailer’s marketplace platform accept and make payments and manage their cash flow. This offering is now available for ...Read more
Citi Executive Warns Rate Cap Would Kill Credit for Lower-Income Consumers
February 11, 2026
The Trump Administration’s proposed 10% cap on credit card interest rates would harm access to credit as well as consumer spending in several sectors of the economy, Citi’s head of U.S. ...Read moreRewards-to-Savings Trump Accounts Rely on Interchange and Credit Cards
January 28, 2026
Visa, JPMorgan Chase and Bank of America are among the companies that will support Trump Accounts. Set to be launched this year, Trump Accounts will be tax-advantaged investment accounts for U.S. ...Read moreBank of America and Citi Consider Offering Credit Cards With 10% Interest Rate
January 22, 2026
Bank of America and Citigroup are reportedly considering offering credit cards with a 10% interest rate in response to President Donald Trump’s demand for a cap on rates. This is one of multiple options that ...Read moreBofA CEO Warns 10% Credit Card Cap Will Curb Spending
January 22, 2026
Bank of America’s Brian Moynihan is the latest CEO questioning a proposed 10% credit card interest rate cap. That cap, proposed earlier this month by President Donald Trump, would slow consumer ...Read moreJPMorgan’s Dimon Says 10% Rate Cap Would Hurt 80% of Americans
January 21, 2026
JPMorgan Chase CEO Jamie Dimon said a 10% credit card interest rate cap would be catastrophic, Reuters reported Wednesday (Jan. 21). Speaking at the World Economic Forum in Davos, Switzerland, Dimon ...Read moreCitigroup’s Fraser Says Rate Cap Would Restrict Access to Credit
January 20, 2026
Citigroup Chair and CEO Jane Fraser said Tuesday (Jan. 20) that she does not expect Congress to support the 10% cap on credit card interest rates proposed by President Donald ...Read moreBilt Debuts Cards With 10% Cap As Trump Seeks Lower Rates
January 14, 2026
Bilt has debuted three credit cards letting homeowners earn points on their mortgage payments. The new cards, announced Wednesday (Jan. 14), have interest rates capped at 10% for 12 months, and arrive days after ...Read morePresident Trump Endorses Credit Card Competition Act
January 13, 2026
President Donald Trump endorsed a bill that aims to lower credit card swipe fees. “Everyone should support great Republican Sen. Roger Marshall’s Credit Card Competition Act in order to stop the ...Read moreApple’s JPMorgan Deal Will Expand Its Financial Services Ecosystem
January 8, 2026
Apple’s services strategy is anchored in hardware, turning devices into gateways for recurring engagement across payments, commerce and content. Financial services are increasingly part of that design, where consumers already authenticate, ...Read moreJPMorgan Chase to Become New Issuer of Apple Credit Card
January 7, 2026
Chase is set to become the new issuer of the Apple Card credit card, with that role transitioning from the current issuer, Goldman Sachs, in about 24 months. The change was announced by Apple and Chase in a Wednesday (Jan. ...Read more
Corporate Earnings Confirm PYMNTS Data on a Cautious but Active Consumer
March 4, 2026
Corporate earnings releases and conference calls often serve as a real-time test of economic narratives. Management observations offer insight into how consumers behave at the checkout counter and whether they are ...Read moreKlarna Says Expanding Merchant Ecosystem Drives 20% Revenue Growth
August 14, 2025
Klarna’s year-over-year revenue growth accelerated to 20% in the second quarter, up from 15% in the first quarter, driven by its expanding merchant ecosystem and its engagement with consumers. The global ...Read moreEnterprises Embrace AI Assistants to Boost Productivity, Efficiency
June 5, 2025
From fast food chains and eCommerce companies to banks and law firms, AI assistants are becoming integral to business operations. Think ChatGPT but for internal company use. The rise of generative ...Read moreOnline Sales Muted as Consumers Rush to Buy Cars and TVs Ahead of Tariffs
April 16, 2025
As earnings season kicked off last week, JPMorgan’s CFO Jeremy Barnum said on the conference call with analysts that consumers had been front-loading their spending ahead of anticipated price increases ...Read moreBusinesses Begin Tacking On Fees in Response to Tariffs
April 13, 2025
Companies across industries have begun issuing new fees in response to U.S. tariffs. And with those fees, The Wall Street Journal (WSJ) reported Sunday (April 13), comes a message: Please don’t ...Read moreTrump’s Tariff Freeze: What Could Have Happened if They Stayed in Place?
April 10, 2025
Hate to say you read it here first, but here’s a prescient quote left on the cutting room floor from PYMNTS CEO Karen Webster’s interview with QED Investors partner Amias ...Read moreFragmentation Gives Way to Consolidation Across Pay-Later Landscape, Says Splitit CEO
April 2, 2025
The pay-later ecosystem has evolved through the past few years, with a broad range of solution providers and available options. The idea of paying over time means different things to ...Read moreMastercard Sets Sights Beyond Retail as It Embeds BNPL Into Network
April 1, 2025
The buy now, pay later pure plays like Klarna and Affirm might get a lot of attention these days. However, card networks have a piece of the BNPL pie as ...Read moreShopping Tools in Focus for Amazon and Walmart
March 28, 2025
Amazon is rolling out a feature to connect consumers to more of the goods they like. Artificial intelligence-powered Interests provides shopping guidance and product recommendations, according to a Tuesday (March 25) ...Read moreJPMorgan Chase and Walmart Introduce Embedded Finance for Marketplace Sellers
March 24, 2025
JPMorgan Chase and Walmart reportedly partnered on an embedded finance solution that lets merchants selling products through the retailer’s marketplace platform accept and make payments and manage their cash flow. This offering is now available for ...Read more