Latest JPMorgan Chase News: Finextra Research

JPMorgan signs global deal with 'In-Residence' technology startup

JPMorgan has signed a multi-year contract with UK-based Mosaic Smart Data - the first graduate of the Wall Street bank's 'In-Residence' technology startup programme - spanning its global fixed income trading business.

23 October 2017

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JPMorgan Chase to acquire WePay

JPMorgan Chase is to buy Silicon Valley-based WePay to help its small business clients marry software with payments.

18 October 2017

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Local banks back Ohio fintech accelerator

A collection of Ohio financial services firms, including KeyBank and FifthThird, have banded together to back a new fintech accelerator in the state.

10 May 2017

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JPMorgan Chase pumped $600m into fintech in 2016

JPMorgan Chase spent around $600 million on emerging fintech solutions last year, says the bank's CEO Jamie Dimon in a letter to shareholders which also mentions an API store and some "interesting developments" in the bill payments department.

05 April 2017

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Big banks prepare $20 million funding round for Axoni - Reuters

Goldman Sachs, JPMorgan and Icap are among a clutch of major financial institutions preparing to invest up to $20 million in blockchain startup Axoni, according to a report by Reuters.

20 December 2016

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Bitcoin and blockchain pose little risk to payments giants - Credit Suisse

Visa, MasterCard, WorldPay and others in the payments sector can relax: Bitcoin will remain a niche player and blockchain technology poses little risk, according to a new report from Credit Suisse, which has less comforting news for Swift.

05 August 2016

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JPMorgan embraces fintech startups through 'in-residence' programme

Eschewing the usual accelerator route, JPMorgan is setting up an 'in-residence' programme for fintech startups, inviting them to spend six months side-by-side with the banking giant working together on digital answers to the industry's most pressing questions.

30 June 2016

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JPMorgan tests blockchain for dollar transfers; strikes Starbucks deal

JPMorgan Chase is testing the use of distributed ledger technology to move US dollars between London and Tokyo, working with about 2200 clients on the trial ahead of possible live transactions later in the year.

23 February 2016

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FinLab puts down $3 million to find ways to address financial shocks

The Financial Solutions Lab (FinLab), an innovation programme created by the Center for Financial Services Innovation (CFSI) and founding partner JPMorgan Chase, has opened applications for a £3 million, two-year challenge to address financial shocks.

12 February 2016

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Financial industry giants join $50m Digital Asset Holdings funding round

Digital Asset Holdings, the blockchain startup helmed by former JP Morgan luminary Blythe Masters, has raised more than $50 million in a funding round joined by some of the biggest names in financial services, including Citi, Deutsche Börse and Santander InnoVentures. One of the investors, the ASX, has also handed Digital Asset a contract to design a post-trade settlement system using distributed ledger technology.

21 January 2016

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Digital Asset Holdings opens London office; hires more bankers

Digital Asset Holdings, the blockchain startup helmed by former JP Morgan luminary Blythe Masters, has brought onboard more banking heavyweights and opened a London office.

15 January 2016

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Nine banks back blockchain collaboration plan

Nine of the world's largest banks are backing an initiative to create a set of global standards for the use of distributed ledger technology in financial markets.

15 September 2015

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