JP Morgan to bolster community presence with planned hiring spree in US
Chase intends to use the hires to maintain community-level support across 48 of the 50 US states.
Chase intends to use the hires to maintain community-level support across 48 of the 50 US states.
The Wall Street Journal reports that talks between JP Morgan and Apple commenced at the beginning of this year.
Our pick of the top fintech news stories this week includes JP Morgan Chase, Citi, BBVA, OpenAI and more.
The investment aims to “help connect young people and underserved communities to economic opportunities”.
The bank was previously hit with a $348 million fine from the OCC and FRB in March.
In this episode of the podcast, we’re joined by Sonali Divilek, Head of Digital at Chase.
JP Morgan has controlled the unit since its takeover of First Republic Bank last May.
The fines were issued by the the Office of the Comptroller of the Currency and the US Federal Reserve.
Our pick of the top fintech news stories this week includes Worldline, Deutsche Bank, Barclays and more.
The bank also plans to renovate more than 1,700 existing locations across the US.
JP Morgan Chase bought WePay back in 2017 in a $400 million deal in a push to compete with Stripe.
FinTech Futures takes a look back at some of the biggest mergers and acquisitions of 2023.
FinTech Futures takes a look back at the key industry developments and trends to emerge over 2023.
Learn how to create superior financial experiences that foster innovation and customer loyalty.
Heitsenrether will be responsible for leading the adoption of AI across the bank’s operations.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Both banks laid off around 500 employees last week, according to media reports.
Bonat will be responsible for software engineering, data science, AI research, IT and product management.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
JP Morgan has assumed all deposits – insured and uninsured – worth approximately $92 billion from the FDIC.
Commonwealth and JP Morgan Chase are examining how new tech can reduce wealth inequality in the US.
The launch is set for late 2024 or early 2025, Bloomberg reports.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Seven banks are working on an e-wallet linked to consumers’ debit and credit cards, The Wall Street Journal reports.
FinTech Futures takes a look back at some of the year’s top core banking deals.
10x Future Technologies is a “foundational partner” for the new digital bank.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
UK-based core banking vendor continues US expansion.
Launched in 2019, digital bank C6 has more than seven million customers.
Duckett replaces the retiring Roger Ferguson.
QuickAccept was developed by the team from WePay.
The JPMorgan Chase app has around 39 million ‘active’ customers.
Some Black tech developers have criticised this move as “performative activism”.
Senior bank execs are concerned about broadband capacity at their employees’ homes.
It’s working towards issuing tokens that send third parties a narrow range of data in a secure form.
JP Morgan Chase’s chairman and former deputy attorney-general of Israel are on the board.
This venture will soon be joining the US bank’s other shelved platforms this year.
The AI firm generates better marketing copy.
The new US challenger bank offers interest-free advance and opportunity to build credit.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!