According to sources Amazon is talking with banks such as JPMorgan Chase to build a checking-account-like product; while it is still early and the product may not see the light of day it shows Amazon’s interest in working with banks to expand into financial services. Source
This morning OnDeck released their Q1 2018 earnings. Last quarter we highlighted that the company had reached GAAP profitability which...
By the end of 2022, JP Morgan Chase hopes to cover 93% of Americans via their branch network; this amounts...
Chase recently made the news after shutting down Finn, their mobile banking brand; the bank has now shared with the...
A new study from Juniper Research notes that digital banking users will increase to 3.6 billion by 2024, a 54%...
JPMorgan Chase ran a pilot last year which offered bonus rewards to customers of their Sapphire credit cards if they closed a mortgage; JPMorgan experienced significant demand from the pilot with homes purchased doubling for those who owned the Sapphire cards; the bank is now expanding the promotion to other credit cards they offer; Business Insider shares more on JPMorgan’s market opportunity and the millennial demographic. Source
PeerIQ released their Q4 2018 Lending Earnings Insights Report which points to a number of themes showing the economy is strong...
Later this year cardholders will be able to access loans from JPMorgan Chase through “My Chase Plan” which features a...
JP Morgan CEO Jamie Dimon speaking at the bank’s annual investor meeting stated, “We are looking, and we will be...
The bank is closing 20% of branches and reducing staff in the ones that will remain open; they are the...