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JPMorgan offers payment solution for Volvo in India

News | Online Payments | 10 Mar 2023

JP Morgan has announced its end-to-end payments solution will power Volvo’s new online direct to consumer sales model for first electric car roll out in India.

payment methods, payment processing, payment processor, payment gateway

Socure obtains USD 95 million credit facility

News | Digital Identity, Security & Online Fraud | 09 Mar 2023

Socure, a provider of digital identity verification and fraud solutions, has entered a USD 95 million, three-year credit facility with JP Morgan, Silicon Valley Bank, and KeyBanc Capital Markets.

funding, investment, digital identity, digital onboarding, KYC

JP Morgan decides to restrict the use of ChatGPT

News | Online & Mobile Banking | 24 Feb 2023

US-based financial institution JP Morgan has announced the decision to restrict its employees from using the artificial intelligence program ChatGPT.

online banking, digital banking, financial institutions, financial services, artificial intelligence

Stripe explores public listing

News | Payments General | 30 Jan 2023

US-based payments company Stripe has reportedly hired Goldman Sachs and JP Morgan Chase to advise it on a potential public listing within the next 12 months.

payments , online payments, public listing, IPO, stock, payment processor

Chase to integrate Nutmeg's investment features

News | Online & Mobile Banking | 10 Jan 2023

JP Morgan’s UK banking arm Chase has overhauled its app with a new design that lays the groundwork for its push into the investment space.

partnership, investment, product upgrade, crypto, digitalisation

Acin data network closes USD 24 mln in Series B funding

News | Digital Identity, Security & Online Fraud | 21 Dec 2022

UK-based operational risk control data network Acin has closed USD 24 million in Series B funding from a consortium of banks including JP Morgan, Citi, BNP Paribas, Barclays, and Lloyds Banking Group.

financial data, data sharing, data protection, data aggregation, funding, financing

JP Morgan invests in Tilia's virtual payment system

News | Cryptocurrencies | 21 Oct 2022

Tilia, a virtual payments system provider built for games, virtual worlds, and mobile application developers, has secured a strategic investment from JP Morgan Payments.

metaverse, cryptocurrency, funding, digital payments

C6 Bank to open Brazil branch network

News | Online & Mobile Banking | 21 Oct 2022

C6 Bank, a JP Morgan-backed digital bank, has revealed it is set to open its first five brick-and-mortar branches in Brazil.

banks, digital banking, online banking, digitalisation

JP Morgan and Visa connect their private blockchains for cross-border payments

News | Online & Mobile Banking | 12 Oct 2022

JP Morgan has partnered with Visa to streamline global payments using their private blockchain networks, Liink and B2B Connect.

cross-border payments, blockchain, Visa, partnership, JP Morgan

Payload partners with JP Morgan

News | Payments General | 15 Sep 2022

Payload, a US-based fintech, has partnered with JP Morgan to deliver ACH, card network, real-time payments through a unified API platform.

payments , partnership, banks, real-time payments, API

JP Morgan acquires Renovite Technolgies

News | Payments General | 12 Sep 2022

JP Morgan has signed an agreement to acquire Renovite Technologies, a cloud-native payments technology company, to build its merchant acquiring platform.

acquisition, banks, cloud, payments , merchant

JP Morgan, Goldman Sachs to close down businesses in Russia

News | Payments General | 11 Mar 2022

Goldman Sachs and JP Morgan have announced closing down their businesses in Russia as Wall Street banks follow western companies in withdrawing because of Moscow’s invasion of Ukraine.

banks, central bank, JP Morgan, Goldman Sachs, Russia Ukraine War

JP Morgan enters metaverse

News | Cryptocurrencies | 16 Feb 2022

JP Morgan has opened up an ‘Onyx lounge’ in the metaverse, a virtual lounge in the blockchain-based world of Decentraland.

JP Morgan, banks, metaverse, blockchain, product launch

JP Morgan acquires 49% stake in Viva Wallet

News | Online & Mobile Banking | 25 Jan 2022

JP Morgan has entered into an agreement with Viva Wallet, a European cloud-based payments fintech company, to acquire an ownership stake of approximately 49%.

acquisition, Viva Wallet, JP Morgan, cloud payments, SMEs

JP Morgan to invest USD 12 billion on technology

News | Online & Mobile Banking | 17 Jan 2022

JP Morgan has announced it plans to increase spending on technology and talent to fortify its competitive position.

JP Morgan, banks, investment, fintech, digitalisation

Central Bank of Bahrain completes digital payments test with JP Morgan

News | Cryptocurrencies | 11 Jan 2022

The Central Bank of Bahrain (CBB) has completed a digital payments test in collaboration with JP Morgan’s blockchain and cryptocurrency unit Onyx.

central bank, JP Morgan, blockchain, Token, banks