JP Morgan - News, Articles & Research

EBAday 2021: Payments innovation and the benefits cascading down the waterfall model

EBAday 2021 has flown by, and the sessions throughout day three of the event served to build on the momentum from day one and two. Another punchy strategic roundtable addressed the need for industry-wide collaboration to drive payments innovation, while two boisterous chatrooms tackled the weighty subjects of Open Banking, CBDCs and stablecoins.

30 June 2021

Company announcement/payments

JP Morgan ranks #1 European web transaction acquirer

JP Morgan has secured the top spot in the Nilson Report’s European ranking of merchant acquirers in Europe by web-based transactions for the sixth year running.

20 May 2021

Company announcement/wholesale

Confluence and JP Morgan expand partnership

Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider delivering innovative products to the worldwide money management industry, and J.P. Morgan (NYSE: JPM) today announced a new development in their partnership to deliver a multi-asset portfolio analytics solution.

05 May 2021

News/startups

Israeli fintech Pagaya plans to enter Wall Street at $8 billion

Having registered revenues reflecting $300 million annually for the first three months of 2021, Israel-based startup Pagaya is allegedly planning to enter Wall Street at $8 billion, as well as execute a traditional IPO.

23 April 2021

News/wealth

JP Morgan, Morningstar and Broadridge invest in Tifin

The Tifin Group, an umbrella group operating a host of fintech companies in the asset and wealth management industry, has raised $22.3 million in a Series B funding round joined by JP Morgan Asset Management, Morningstar and Broadridge.

20 April 2021

News/payments

JP Morgan uses blockchain to improve global transfers

JP Morgan is working with a group of Taiwan banks to test the use of blockchain technology to improve global funds transfers.

16 April 2021

News/crypto

FS giants join $65m ConsenSys funding round

JP Morgan, Mastercard and UBS have joined a $65 million funding round for blockchain software engineering firm ConsenSys.

13 April 2021

Company announcement/markets

JP Morgan invests in Zanbato

Financial technology company Zanbato is pleased to announce it has secured a strategic investment from global financial services leader, J.P. Morgan (NYSE: JPM).

22 February 2021

Company announcement/wealth

JP Morgan Asset Management buys 55ip

J.P. Morgan Asset Management today announced that it has entered into a definitive agreement to acquire 55ip, a financial technology company with proprietary capabilities empowering financial advisors to deliver tax-smart investment strategies at scale.

03 December 2020

News/payments

EBAday 2020: Banks’ plumbing still needs work before ISO 20022 migration

Diving into the ‘Unlocking customer value through ISO 20022’ session on day three of EBAday 2020, Guy Moons, head of enterprise payments solution, FIS, believes that the migration toward ISO is as revolutionary to the economy as going from a black and white television to a smart TV.

26 November 2020

News/payments

EBAday 2020: Batch processing gives way to the instant payments revolution

At EBAday 2019 in Stockholm, Deutsche Bank’s Koral Araskin highlighted that if instant payments is the new normal, banks will heavily depend on cash buffers to cover all payment flows - even those which come outside of normal working hours. "Is this really meaningfully achievable?" he pondered last year. The events of 2020 and the impact of Covid-19 have truly shown that it must be achievable.

24 November 2020

Finextra TV/payments

Mapping the Future of Payments in Europe

Sara Castelhano, EMEA Head of Payments Product and Solutions, J.P. Morgan, speaks about where Europe is on its journey towards unlocking digital, J.P. Morgan’s digital strategy in Europe, how this ties into their broader strategy, and how they are drive greater collaboration across banks, fintechs, and other stakeholders.

23 November 2020

Company announcement/markets

JP Morgan becomes first validation agent in Global LEI System

The Global Legal Entity Identifier Foundation (GLEIF) today announces that J.P. Morgan has become the first Validation Agent in the Global LEI System.

19 November 2020

News/payments

Sibos 2020: Rethinking compliance for friction-free payments

A handful of topical areas were canvassed in the ‘Friction or fiction: compliance in a real-time world’ panel session on day one of Sibos 2020’s virtual event. While there has been significant innovation in domestic and global payments, financial institutions still play a critical role in the global payment process.

06 October 2020

News/crime

FinCen leaks throw doubt on banks' AML efforts

A remarkable leak detailing 17 years' worth of confidential transaction reporting has cast doubt on banks' anti-money laundering (AML) efforts by suggesting that leading banks continued to transfer money even when they knew it could be connected to fraud.

21 September 2020

News/wholesale

JP Morgan and Blackrock tap Saphyre AI tech to automate account opening

JP Morgan’s Securities Services and BlackRock have turned to fintech Saphyre to digitise their account opening workflows.

15 September 2020

Company announcement/markets

AccessFintech and JP Morgan team on real-time payment statuses for buy-side

AccessFintech, which delivers collaboration, transparency and control to the financial services industry, announces today that it has extended its partnership with J.P. Morgan to include real-time transparency to payment statuses and workflow for dividend, income and cash wire movements.

03 September 2020

News/wholesale

ConsenSys acquires Quorum blockchain from JP Morgan

ConsenSys has acquired Quorum, the enterprise-variant of the Ethereum blockchain developed by JP Morgan, in a deal that also sees the bank make a strategic investment in the software house.

25 August 2020

Company announcement/payments

JP Morgan taps Marqeta for virtual card programme

Marqeta, the global modern card issuing platform, announced today that J.P. Morgan will leverage Marqeta’s unique card tokenization capabilities for its virtual card program.

28 July 2020

News/startups

JP Morgan invests in Brazil's FitBank

JP Morgan has acquired a minority stake in Brazilian fintech startup FitBank, according to local reports. Details of the investment were not disclosed.

16 July 2020