JPMorgan Chase has committed $30 million to establish a 'Financial Solutions Lab' that will seek to harness expertise and technology to help consumers improve their financial well-being.
First Data, the global leader in payment technology and services solutions, today announced the appointment of Christopher Foskett as head of global, strategic and national accounts.
J. P. Morgan Asset Management is announcing a major upgrade to Target Date CompassSM, the groundbreaking tool that advisors use to help plan sponsors make informed target date fund selections.
JPMorgan is to spend £28.6 million to revitalise its Bournemouth Technology and Operations Centre, the firm's operational hub in Europe employing more than 4000 people.
US credit card fraud increased last year despite efforts by firms to beef up their security, according to an Association for Financial Professionals (AFP) survey.
US authorities have charged three men accused of using information hacked from more than a dozen financial service firms in a bid to steal at least $15 million.
Up to 95% of the world's ATMs could be left wide open to hackers next month when Microsoft ends tech support for the Windows XP operating system, the PCI Security Standards Council is warning.
Interbank messaging network Swift has recruited a group of major banks to help develop its centralised KYC utility for the collection and distribution of standard information required by banks as part of their due diligence processes.
The National Retail Federation has called on American banks to follow the lead of JPMorgan Chase and move to chip and PIN credit cards, rather than chip and signature.
JPMorgan Chase has set out plans to cut around 8000 jobs this year as it shrinks branches and pushes self-service and the use of digital channels.
© Finextra Research 2015