Jpmorgan Payments news and trends

JPMorgan Debuts Real-Time Liquidity Sweeping Tool
Digital Payments // March 21, 2023

J.P. Morgan Payments says it has begun offering real time liquidity sweeping solutions. According to an announcement provided to PYMNTS Tuesday (March 21), this enhancement to the company’s payments platform lets clients fund real-time payments with their existing liquidity seven days a week, thus making sure...

JPMorgan Payments’ Merchant Acquiring Business Passes $2T Milestone
Payment Methods // December 12, 2022

J.P. Morgan Payments’ merchant acquiring business has settled more than $2 trillion globally in 2022.  This is the most that the business has settled through its platforms in a single year, Max Neukirchen, head of payments and commerce solutions at J.P. Morgan Payments, said in a Monday...

Visa Vet Pat Brolly Joins JPMorgan Payments as EMEA Acquiring Platforms/Rails Head
Personnel // December 12, 2022

J.P. Morgan Payments has a new head for its EMEA acquiring platforms/rails operations. Pat Brolly, a 25-year veteran of the financial services sector, was tapped earlier this month to oversee the bank’s Europe, Middle East and Africa (EMEA) acquiring platforms and rails for its payments...

Mastercard and JPMorgan Launch Pay By Bank to Streamline ACH Payments
Payment Methods // November 09, 2022

With traditional payment methods like cash and personal checks on the decline, J.P. Morgan Payments is looking to tap into the growing interest in alternative payment methods by partnering with Mastercard on a new digital banking payment platform. On Wednesday (Nov. 9), Mastercard said in...

Interviews & Exclusives
JPMorgan Sees ‘Big Data’ Becoming ‘Smart Data’ With Help of Super Apps

October 26, 2022
The digital front door is opening. Lia Cao, managing director and global co-head of corporate and eCommerce sales and solutions at J.P. Morgan Payments, told PYMNTS’ Karen Webster that the super app is coming — and in some cases, is already here. It depends on where you look, of course. The super app has already […]

Quick Reads
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 reported Monday (June 3), citing an internal memo. According to the report, Max Neukirchen and Umar Farooq have been named as his successors, effective immediately. […]

JPMorgan Debuts Real-Time Liquidity Sweeping Tool

March 21, 2023
J.P. Morgan Payments says it has begun offering real time liquidity sweeping solutions. According to an announcement provided to PYMNTS Tuesday (March 21), this enhancement to the company’s payments platform lets...

JPMorgan Payments’ Merchant Acquiring Business Passes $2T Milestone

December 12, 2022
J.P. Morgan Payments’ merchant acquiring business has settled more than $2 trillion globally in 2022.  This is the most that the business has settled through its platforms in a single year, Max...

Visa Vet Pat Brolly Joins JPMorgan Payments as EMEA Acquiring Platforms/Rails Head

December 12, 2022
J.P. Morgan Payments has a new head for its EMEA acquiring platforms/rails operations. Pat Brolly, a 25-year veteran of the financial services sector, was tapped earlier this month to oversee...