jpmorgan

JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the sixth largest bank in the world by total assets, with total assets of US$2.73 trillion.

Source: jpmorgan.com

Report: JPMorgan Global Head of Payments Georgakopoulos to Step Down
Report: JPMorgan Global Head of Payments Georgakopoulos to Step Down
June 03, 2024  |  Personnel

Takis Georgakopoulos, JPMorgan Chase’s global head of payments, is reportedly leaving the banking giant. Georgakopoulos, who has headed that division since 2017, will step down...

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Are Retail Media Networks Financial Services’ Next Big Move?
Are Retail Media Networks Financial Services’ Next Big Move?
June 03, 2024  |  Data

This year more than 5 trillion digital ads will be shown globally. It’s a staggering number and a testament to the desire of companies from...

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NYCB Sells $5 Billion in Loans to JPMorgan
NYCB Sells $5 Billion in Loans to JPMorgan
May 15, 2024  |  Loans

New York Community Bank (NYCB) is selling $5 billion in loans to J.P. Morgan Chase. The sale of these “mortgage warehouse loans” is designed to strengthen the...

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JPMorgan Offers Faster Domestic Payments Via Visa Direct 
JPMorgan Offers Faster Domestic Payments Via Visa Direct 
May 06, 2024  |  Faster Payments

J.P. Morgan and Visa have teamed to offer faster domestic payments via Visa Direct. The collaboration, announced Monday (May 6) is designed to improve merchant experiences and empower cardholders...

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JPMorgan Chase Unveils AI-Powered Tool for Thematic Investing
JPMorgan Chase Unveils AI-Powered Tool for Thematic Investing
May 03, 2024  |  Artificial Intelligence

J.P. Morgan Chase reportedly unveiled an artificial intelligence-powered tool designed to facilitate thematic investing. The tool, called IndexGPT, delivers thematic investment baskets created with the assistance of OpenAI’s GPT-4 model, Bloomberg reported Friday...

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Chase’s New SMB Offerings Point to Appeal of Ad Hoc Real-Time B2B Payments
Chase’s New SMB Offerings Point to Appeal of Ad Hoc Real-Time B2B Payments
May 02, 2024  |  Real-Time Payments

In B2B interactions, faster payments — especially ad hoc payments — may prove to be a competitive advantage. PYMNTS Intelligence found that non-recurring payments represent roughly a quarter of...

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Earnings Season and FICO Data Point to ‘Strong’ Consumer Credit Profiles
Earnings Season and FICO Data Point to ‘Strong’ Consumer Credit Profiles
April 16, 2024  |  Consumer Finance

Earnings season, so far — and chiefly through the big banks — is pointing to some strength in consumer credit. And that strength has been...

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JPMorgan Card Chargeoffs Rise as Dimon Warns on Inflation
JPMorgan Card Chargeoffs Rise as Dimon Warns on Inflation
April 12, 2024  |  Earnings

Consumers are still spending, but JPMorgan CEO Jamie Dimon, in remarks accompanying the banking giant’s latest earnings Friday (April 12), detailed concerns over inflation’s impact. And...

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Mastercard Reorg Shows Urgent Industry Focus on AI
Mastercard Reorg Shows Urgent Industry Focus on AI
April 10, 2024  |  artificial intelligence

The jury is still out as to how artificial intelligence (AI) will affect jobs in the financial services industry. But if the past six weeks...

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