JPMorgan Chase - News, Articles & Research

JPMorgan Chase joins PPRO funding round

Payments infrastructure provider PPRO has topped up its latest $180 million funding round with an additional $90 million investment from JPMorgan Chase and Eldridge.

25 March 2021

News/inclusion

FS giants join $40m Greenwood funding round

Mastercard, Visa and host of America's biggest banks have joined a $40 million Series A funding round for Greenwood, the digital banking startup targeting Black and Latino people and business owners.

25 March 2021

Company announcement/payments

Nexus issues virtual cards in association with WePay

Nexus, a leader in AP automation and payments for the real estate industry, has pioneered a new payments solution in partnership with WePay, the integrated payments business of JPMorgan Chase & Co., to allow SMBs to accept payment through a virtual card to simplify their payment process and improve working capital.

19 March 2021

News/people

Wells Fargo hires Reetika Grewal for top digital role

Wells Fargo has hired JP Morgan Chase's Reetika Grewal as its head of digital for commercial banking and corporate and investment banking.

19 March 2021

News/people

Former HSBC innovation chief Balkin joins JPMorgan Chase

JPMorgan Chase & Co has hired former HSBC executive Jeremy Balkin as head of fintech and innovation for wholesale payments, Reuters reports.

10 March 2021

News/crypto

Bitcoin set to overtake gold as a digital reserve asset - Bloomberg Intelligence

Bitcoin is in the process of replacing gold as a digital reserve asset, according to a report by Bloomberg Intelligence.

10 March 2021

News/payments

JPMorgan closes Chase Pay

JPMorgan Chase is finally killing off its Chase Pay digital wallet technology, removing the payment method from all merchant apps and websites by the end of the month.

09 March 2021

Company announcement/retail

JPMorgan Chase joins Akoya data access network

Akoya LLC announced today that JPMorgan Chase has joined the Akoya Data Access Network. Fintechs, data aggregators and other data recipients can now request application programming interface (API)-based access to Chase customer data through Akoya.

18 February 2021

News/retail

JPMorgan Chase hires 400 for upcoming UK mobile bank

JPMorgan Chase says its long-anticipated app-based UK bank will launch in the "coming months", with more than 400 staffers already hired to support the venture.

27 January 2021

News/retail

Big US banks pilot data sharing risk assessment service

Bank of America, JPMorgan Chase, PNC Bank, TD Bank, Truist, US Bank, and Wells Fargo have piloted a data sharing risk assessment service that streamlines risk evaluations of data aggregators and financial apps.

27 January 2021

News/wholesale

Wells Fargo leads $20m Series A for cash management startup Trovata

Trovata, a US startup specialising in automating cash reporting and forecasting through wholesale, multi-bank API data aggregation, has raised $20 million in a Series A funding round led by Wells Fargo Strategic Capital.

20 January 2021

News/predictions

Dimon 'scared shitless' by fintechs; calls out Plaid

JPMorgan Chase CEO Jamie Dimon says incumbent banks should be "scared shitless" by fintech rivals, adding that some - including Plaid - are competing unfairly.

18 January 2021