JPMorgan Chase - News, Articles & Research

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

Company announcement

JPMorgan Chase acquires travel and loyalty business from cxLoyalty

JPMorgan Chase & Co. (NYSE: JPM) and cxLoyalty Group Holdings today announced they have signed an agreement for JPMorgan Chase to acquire the Global Loyalty business of cxLoyalty Group Holdings.

04 January 2021

News/wealth

Former JPMorgan leadership team launches wealth management platform

Vestrata, a wealth management technology startup led by former executives from JPMorgan and other global financial institutions, is to launch after completing a $4 million investment round.

15 December 2020

Company announcement/payments

Chase, Air Canada and Mastercard team on US credit card

Today Chase, the largest co-brand card issuer, and Air Canada, Canada’s largest airline and a Star Alliance founding member, announced a strategic partnership that will make Chase the exclusive issuer of the airline’s Aeroplan U.S. credit card.

14 December 2020

News/markets

JPMorgan to roll out commercial blockchain product for the repo market

JPMorgan has completed a live, blockchain-based intraday repo transaction using an in-house developed application which supported instantaneous settlement and maturity of the transaction in hours, as opposed to days.

14 December 2020

News/regulation

Gleif plans digital service

The body responsible for managing the implementation of the Legal Entity Identifier (LEI) has announced plans to develop a digital version that can be rolled out across multiple sectors beyond the financial services market.

10 December 2020