JPMorgan has come to understand how important cloud computing is to the future of the bank; they recently created a...
JPMorgan Chase is currently in discussions with UK regulators about launching a digital bank in 2020; the new bank is...
JPMorgan Chase and Barclays have joined IBM’s quantum computing network as they look to use the technology to assess risk and stay secure; Barclays is beginning to test potential uses and JPMorgan Chase is looking to leverage quantum computing for trading, portfolio optimization and risk analysis; there is a lot happening in quantum computing these days as big tech firms look to master the technology seen as potentially 100,000 times faster than classic computers; while there are clear benefits to quantum computing banks are also looking at protecting themselves from the cyber threat that hackers could exploit using the same technology. Source.
JPMorgan Chase and Grubhub have struck a partnership to allow delivery drivers to instantly access earnings; the product is similar...
In December JPMorgan Chase CEO Jamie Dimon said the bank was working on creating their own API for data sharing;...
In 2016 JPMorgan’s corporate and investment bank user experience team consisted of 20 people, the team has since grown to...
JPMorgan Chase is the only U.S. bank with scalable businesses in every payments vertical; the bank has been investing and partnering heavily the last few years into payments innovation; they see checking accounts as checking and payments accounts; they have made moves into digital wallets, p2p payments, order and pay ahead apps and recently partnered to allow customers to send an receive electronic payments and invoices; the bank sees payments and banking as one in the same and with the recent news of their heavy tech investment for 2018 more innovation looks to be on the way. Source.
JPMorgan Chase recently merged their business-to-business treasury services unit with its consumer-to-business merchant services unit in a bid to take...
JPMorgan Chase plans to block fintechs from screen scraping as they believe the practice is putting the bank at greater...
As banks keep closing or reorganizing their branch experience JPMorgan Chase just made a big bet on branches and staff; the bank announced a 5 year $20bn investment plan that includes 400 new branches and 4,000 new jobs; the plans included expansion into 15 to 20 new markets for the branches, where most of the staff hires will occur; they also said lending will increase by 25 percent over the next 5 years. Source.