J.P. Morgan’s digital-only bank Chase UK has reportedly introduced its first credit card. The move comes after the banking giant’s British venture took in upwards of £20 billion in deposits in three years, the Financial Times (FT) reported Tuesday (Nov. 19). The card is being...
As the price of bitcoin surges on promises of a crypto-friendly White House, a juxtaposition is emerging in the digital asset space: While speculation soars, the industry’s promised revolution in payments remains largely unrealized. This disconnect points to a larger truth: While market excitement and...
What can blockchain technology do for financial services in a friendly regulatory environment? With a new president coming in 2025, the ecosystem is about to find out. Donald Trump has promised to the industry that he — the U.S. Securities and Exchange Commission (SEC) under...
B2B innovation doesn’t move slowly, it gets slowed down — mostly by complexity. While entrenched corporate cultures and legacy workflows hinder innovation, businesses typically cling to them as a hedge against the growing sophistication and nuance of B2B payments in the digital age. But change...
October 14, 2024
Earnings season is here — as always, led by the banks, and the banks led the CE 100 Index 1.7% higher through the past week. As a group, the banks were up 4.4%, and only two pillars, including the “Live” and “Have Fun” segments, showed slight losses. Within the banking pantheon, JPMorgan’s stock rallied 5.2%. […]
October 11, 2024
As 2024 draws to a close, and as evidenced by management remarks and data in the latest earnings results from JPMorgan Chase, posted on Friday (Oct. 11), consumer spending, in...
September 19, 2024
Data. Generative artificial intelligence. Regulations. Cash forecasting. If you recognized the chief financial officer in that series, you’re not wrong. If you saw the new world of the CFO as...
August 20, 2024
Big banks have been revisiting their branching strategies — branching (slight pun intended) into new markets, covering parts of the country thus far underserved by physical banking locations. In doing...
November 19, 2024
Expense management firm Payhawk launched a partnership with J.P. Morgan Payments. The collaboration will see Payhawk use J.P. Morgan Payments’ APIs to let customers store, exchange and send money in more than 30 currencies within its platform, according to a Tuesday (Nov. 19) press release. “With this collaboration, Payhawk, which holds EMI license status in […]
November 19, 2024
J.P. Morgan’s digital-only bank Chase UK has reportedly introduced its first credit card. The move comes after the banking giant’s British venture took in upwards of £20 billion in deposits...
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...
November 01, 2024
Two affiliates of J.P. Morgan Chase & Co. — J.P. Morgan Securities (JPMS) and J.P. Morgan Investment Management (JPMIM) — agreed to pay $151 million in combined civil penalties and...
