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UK based Payment Technology Firm Icon Solutions Receives Strategic Investment from JPMorgan

UK-based Icon Solutions, a payments tech firm, has reportedly received an equity investment from JPMorgan, the world’s sixth-largest bank in terms of total assets. The value of the investment has not been shared publicly. Icon Solutions notably counts major institutions including BNP Paribas, HSBC and… Read More

JPMorgan Reportedly Planning to Launch UK Challenger Bank in 2021

JPMorgan Chase, the largest bank in the US and sixth-largest in the world in terms of assets, is planning to launch a UK challenger bank in the first quarter of 2021, Sky News recently reported. The media outlet revealed that the launch is considered a… Read More

JPMorgan Chase Acquires Minority Stake in FitBank, a Brazilian Fintech Firm that Offers Open Banking Solutions

JPMorgan Chase, the largest bank in the US and sixth-largest in the world in terms of assets, has reportedly acquired a minority stake in FitBank, a Brazilian Fintech firm. The amount paid by the bank for the part acquisition hasn’t been shared publicly. Established in… Read More

Sector-Wide Attitudes are Shifting as Crypto Moves into Mainstream Acceptance

  Last week it was reported that JPMorgan (NYSE:JPM), one of the largest banks in the world and the doyenne of Wall Street big banks, is providing banking services to both Coinbase and Gemini. More specifically, JPMorgan is providing cash management services like wire transfers,… Read More

JPMorgan is Now Providing Banking Services to Coinbase, Gemini – Report

According to a report in WSJ.com, JPMorgan is now offering banking services to two well known digital asset exchanges – Coinbase and Gemini. Typically, digital asset exchanges have been shunned by big banks as compliance officers have viewed the risk as too large fearing the… Read More

Fintech Taulia Officially Announces Partnership with JPMorgan to Provide Trade Finance Solution

Taulia has officially announced a strategic alliance with the largest US Bank JPMorgan (NYSE:JPM). According to a release, the partnership is said to create a unique trade finance solution for JPM clients. Crowdfund Insider covered the partnership this past weekend. Going forward, JPMorgan’s clients will… Read More

JPMorgan Had a Legacy Platform to Replace. It Partnered with Taulia Instead: Report

JPMorgan (NYSE:JPM), the largest bank in the US, needed to deal with a legacy platform as it sought to better handle financing needs for corporate customers. The bank decided it was better to partner with a Fintech instead. According to a report in Bloomberg, JP… Read More

JPMorgan Launches Electronic Foreign Exchange Trading & Pricing Engine in Singapore

Singapore at Night Marina Bay

Global financial services giant JPMorgan recently announced it has established an electronic foreign exchange (FX) trading and pricing engine in Singapore. The launch was notably launched with support from the Monetary Authority of Singapore (MAS). JPMorgan reported that the new trading engine, which was first… Read More

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