J P Morgan news and trends

JPMorgan to Integrate On-Chain FX Settlement into Kinexys Blockchain Platform
Blockchain // November 06, 2024

J.P. Morgan has announced a significant enhancement to its blockchain platform, recently rebranded from Onyx to Kinexys. The bank will integrate Kinexys Digital Payments with J.P. Morgan FX Services, enabling on-chain FX settlement. This move positions Kinexys as a key player in the landscape of...

Stablecoins Surge in Prominence and Utility Across FinTech Ecosystem
Cryptocurrency // September 23, 2024

You are the company you keep. And that old adage is good news for stablecoins, the digital currencies pegged to traditional fiat currencies like the U.S. dollar, which have been gaining traction in recent years — in large part because, by being tied to fiat...

This Week in B2B: Realizing Operational Certainty Through Payments Innovation
B2B Payments // September 19, 2024

The B2B landscape is full of what buyers and suppliers don’t know. In today’s rapidly evolving landscape, B2B businesses across the transaction frequently find themselves navigating uncertainty. Whether it’s the hidden costs of transactions, the intricacies of payment terms, or the evolving regulatory and technological...

JPMorgan Aims to Expand in Africa and Scandinavia
Banking // September 18, 2024

America’s largest bank is increasing its expansion efforts outside the U.S. J.P. Morgan Chase is hiring bankers in cities like Stockholm and Copenhagen to expand its Nordic business and take on European banks, officials from the lender told Bloomberg News in an interview Wednesday (Sept....

Interviews & Exclusives
CE 100 Index Rallies 3.8% as ‘Live’ Segment Outperforms the Market

September 16, 2024
The banks fizzled this past week, marking the lone swath of red — measured in terms of declining stock prices — in the latest weekly reading of the CE 100 Index’s performance. Yet, the overall performance was positive, as the index itself was 3.8% higher. iRobot shares gathered 21.3%, while the Live segment of the […]

CE 100 Index Slips 2% as Bank Earnings Spark Decline

April 15, 2024
Earnings season has begun, and at least initially, investors seemed nonplussed. Despite resilient consumer spending, inflation’s sticky too — and pressures are evident in the CE 100 Index, especially on...

CE 100 Index Adds 1.1% as Bank Earnings Blunt Gains, iRobot Plummets 20% 

January 15, 2024
Friday heralded the official kick off of earnings season, with banks leading the charge. Within the CE 100 Index, gains seen in the work segment were blunted by the bank...

Connected Cars Promise US Drivers Convenience, Payments Efficiency This Holiday

July 04, 2023
According to estimates from the American Automobile Association (AAA), a record number of Americans — 43.2 million people — are expected to be traveling by car this July Fourth weekend....

Quick Reads
JPMorgan to Integrate On-Chain FX Settlement into Kinexys Blockchain Platform

November 06, 2024
J.P. Morgan has announced a significant enhancement to its blockchain platform, recently rebranded from Onyx to Kinexys. The bank will integrate Kinexys Digital Payments with J.P. Morgan FX Services, enabling on-chain FX settlement. This move positions Kinexys as a key player in the landscape of digital cross-border payments and foreign exchange. Initially supporting USD and […]

JPMorgan Aims to Expand in Africa and Scandinavia

September 18, 2024
America’s largest bank is increasing its expansion efforts outside the U.S. J.P. Morgan Chase is hiring bankers in cities like Stockholm and Copenhagen to expand its Nordic business and take...

Report: JPMorgan Chief Market Strategist Marko Kolanovic Stepping Down

July 03, 2024
JPMorgan Chase’s chief global market strategist Marko Kolanovic is reportedly stepping down. That’s according to a Wednesday (July 3) report by Bloomberg News, citing an internal memo. That memo says...

Report: JPMorgan Global Head of Payments Georgakopoulos to Step Down

June 03, 2024
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 to pursue other ventures, Reuters...