- January 18, 2023
Big banks’ earnings have shown the great financial services digital shift continues.
J.P. Morgan, Bank of America, Citi and Wells last week provided variations on several themes: A mild recession seems ...
- January 16, 2023
Macro level data suggests inflation is cooling, and bank earnings suggest consumer spending is resilient.
In tandem with the investor sentiment that interest rate hikes may be slowing or the Fed ...
- December 21, 2022
In this month’s “Real-Time Payments Tracker®,” Rupa Krishnan, head of global real-time payments at J.P. Morgan Chase & Co., reflects on the RTP® network’s five-year anniversary and looks ahead to ...
- December 18, 2022
J.P. Morgan Payments will acquire a 48.5% stake in Greek payments firm Viva Wallet.
The $800 million deal is expected to be announced early next week, Reuters reported Saturday (Dec. 17), ...
- December 8, 2022
In the new connected economy, FinTechs and banks have new ways to serve clients.
Sorting out the successes and learnings of the pandemic’s digital shift will provide fodder for MBA programs ...
- November 1, 2022
Auto finance platform Lendbuzz has secured a $150 million credit facility from J.P. Morgan and will use it to help expand the number of borrowers it serves.
This is the second ...
- October 18, 2022
Comprehensive payments platform Tilia was backed by J.P. Morgan for an unspecified amount to further develop its payment processing solutions for in-game transactions and virtual economies.
Tilia converts in-world tokens to ...
- September 14, 2022
Digital assets software company Ownera has raised $20 million in a Series A funding round and will use it to accelerate the deployment of its global interoperability network for trading ...
- March 24, 2022
Today in the connected economy, Google’s annual Check Up event showcases a new tool designed to make scheduling doctors’ appointments easier.
Also, Lyft launches a partnership with scooter startup spin, while ...
- February 23, 2022
Nigeria said JPMorgan was “grossly negligent” in transferring funds to the country’s disgraced former oil minister, and is suing the firm for $1.7 billion.
The claim is at the center of ...
- November 10, 2021
On Wednesday (Nov. 10), financial benefits platform Even teamed up with J.P. Morgan to give millions of U.S. hourly workers instant access to their earned wages through real-time payments (RTP), ...
- October 27, 2021
Partior, the blockchain-based clearing/settlement platform backed by JPMorgan and the government of Singapore, has begun supporting cross-border payments.
According to Forkast, Partior carried out end-to-end settlements with participating banks recently involving ...
- October 20, 2021
Interactive Brokers Group partnered with JPMorgan for The Clearing House RTP network’s Request for Payment real-time messaging service, according to a press release on Wednesday (Oct. 20).
Request for Payment is ...
- August 5, 2021
J.P. Morgan Chase is backing healthcare startup Vera Whole Health with $50 million and will soon offer the subscription model plan to its employees.
The investment is a first for J.P. ...
- July 14, 2021
It’s been a big year for direct-to-consumer (D2C) plays by big brands. Coke, Pepsi, Nike, Heinz and Mars are just some of the brands that consumers are used to seeing on store ...
- April 7, 2021
Virtual cards continue to gain traction in B2B payments, and this week’s Commercial Card Innovation Tracker includes new v-card tools launched by JPMorgan, Corporate Spending Innovations, and more. Plus, corporate ...
- February 19, 2021
In today’s top news, J.P. Morgan analysts say bitcoin’s price escalations do not represent a sustainable investment, and a ruling says Uber must treat its U.K. drivers as employees, not ...
- May 1, 2020
JPMorgan Chase and Bank of America said they processed almost 500,000 applications totaling roughly $46 billion as part of the Paycheck Protection Program intended to help small businesses struggling to ...
- October 18, 2019
WeWork could run out of money by next month — despite the fact that it was valued at $47 billion just nine months ago, making it America’s highest-valued private firm ...
- October 16, 2019
SoftBank and JP Morgan are in talks to rescue WeWork before it runs out of money, which is expected to happen by mid-November, CNBC reported on Tuesday (Oct. 15).
Sources told ...
- June 11, 2019
Two top bankers in the industry have turned down offers to replace former Wells Fargo CEO Timothy Sloan, who resigned in March, according to a report by The Wall Street ...
- March 14, 2019
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said European banks should look beyond their borders for mergers to take advantage of the full economic power of the region, ...
- January 27, 2019
Business for bitcoin ATM companies seems to be booming, with Coin ATM Radar estimating that there are now 4,213 cryptocurrency ATM machines around the globe, most only offering bitcoin.
Matias Goldenhörn, director ...
- January 6, 2019
With the government shutdown continuing, banks in the U.S. have been stepping up to help, offering forbearance on loans and the associated fees.
According to a report in TheFinancial Times citing JPMorgan Chase, ...
- January 2, 2019
While commercial card innovation certainly accelerated in 2018, progress can always continue. One area of development that J.P. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should ...
- August 3, 2018
Kate Childress, a longtime JPMorgan Chase & Co. lobbyist, is joining the Bank Policy Institute in September to run its advocacy and communications efforts.
Childress helped lead JPMorgan’s lobbying and regulatory ...
- April 6, 2018
JPMorgan Chase CEO Jamie Dimon praised President Donald Trump in his annual letter to shareholders, saying his administration’s moves have help the biggest U.S. bank make a lot of money.
According ...
- March 23, 2018
Big banks are still doing big business: A Wall Street Journal analysis of regulatory data found that the three largest U.S. banks by assets have added more than $2.4 trillion ...
- December 12, 2017
With a new cyberattack hitting the news on what seems to be a weekly basis, financial heavyweights are investing millions of dollars into a cybersecurity startup that aims to paralyze ...
- December 11, 2017
J.P. Morgan Chase & Co. is bringing in a new executive to oversee the Sapphire Reserve credit card.
The nation’s largest bank has hired Matthew Massaua to oversee the popular rewards ...
- November 16, 2017
According to news from The Wall Street Journal, J.P. Morgan Chase (JPMC) is the latest big name with big mobile payments ambitions and bona fides to back them up — and has ...
- October 12, 2017
JPMorgan chief executive officer Jamie Dimon’s recent comments that Bitcoin is a “fraud” have prompted outrage by one cryptocurrency startup. The firm is using Dimon’s words in a full-page advertisement ...
- August 30, 2017
Quant, a FinTech that has backing from movie stars in China, has tapped JPMorgan Chase & Co. and Morgan Stanley to serve as advisors to its initial public offering in ...
- July 20, 2017
At the core of every organization, the one element most cannot do without is money. Without it, businesses would likely shutter their doors for good.
As smartphones become more prevalent, JPMorgan Chase ...
- July 6, 2017
Crossing borders and oceans in search of the rewards of eCommerce? More U.S. firms are likely to do so in search of payments scale and potential. The Vantiv deal for Worldpay is ...
- January 13, 2017
Two hours into the trading day, bank stocks are helping to lift the markets, leaning in part on the trio of big names in the sector that reported Friday (Jan. ...
- March 30, 2016
In the wake of the volatility that has rocked markets and has forced financial firms, large and small, to examine the way that they do business and preserve margins, banking ...
- September 15, 2015
The JPMorgan hacking investigation has taken on a new twist, as U.S. prosecutors are in talks with a second Florida man tied to the case, Reuters reported Monday (Sept. 14).
The ...
- August 28, 2015
The Federal Reserve is boosting its oversight of large U.S. financial institutions, with an eye toward tracking the trillions of dollars crossing the payments system, The Wall Street Journal reported ...
- July 2, 2015
Greg Rattray, the JPMorgan Chase & Co. executive who had been overseeing the company’s computer network security, has been reassigned away from that role, Bloomberg reported Wednesday (July 1).
Rattray had ...
