Tagged: jp morgan chase

Old Banks Continue to Invest in Fintech Led by Goldman Sachs, Citi & JP Morgan Chase

Old finance continues to leverage one of its most valuable assets: lots of money. While traditional banks may struggle to innovate and adapt they continue to do what they do best which is to spend money on emerging tech to hedge against a sectorial shift…. Read More

Jamie Dimon Says JPM Coin Could be Used by Consumers in the Future

JP Morgan Chase held their annual investor day today. The full stack, day-long event, covers all aspect of the money center bank’s operations. In a report by CNBC, it was mentioned that Jamie Dimon, CEO of JPM, commented on the previously announced JPM Coin, a… Read More

Is JPM Coin a Fake Crypto? Critics Question Blockchain Cred

Last week, one of the big Fintech news stories was that JP Morgan Chase (NYSE:JPM) was issuing its own stablecoin anointed JPM Coin. The fact that an old school bank was embracing blockchain tech and going crypto caught the attention of traditional finance and disruptive… Read More

JP Morgan Goes Big in Silicon Valley with Fintech Campus

Following the acquisition of WePay back in 2017, JP Morgan Chase is building upon its Fintech venture with a new Fintech campus in Silicon Valley, according to multiple reports. According to a blog post on WePay, a prominent Fintech in the payments space, JPM will… Read More

In a Move to Remain Competitive, JPMorgan Offers Free Trades for Customers

According to multiple reports, JP Morgan Chase will begin offering free trading (IE commission-less trades) beginning next week. For anyone who downloads their mobile app, during the first year users will be able to book 100 trades at not cost. If you happen to be… Read More

Mobile Fintecher LevelUp Dials Up $50M Financing, JP Morgan Chase & U.S. Boston Capital Lead Round

LevelUp, a Boston-based mobile app fintech firm, has secured $50 million in finance from long-term investors JP Morgan Chase and U.S. Boston Capital and from newcomer CentroCredit Bank, bringing the total raised by the startup so far to just over $85M, according to CNBC. LevelUp aims to… Read More

2017 Benzinga Fintech Award Winners

Last week, Benzinga held its annual Fintech Awards event in Manhattan. The proceedings prior to the actual award presentations included some well known names from both traditional and alternative finance alongside a series of three minute pitch sessions. At the event, representatives from a wide range… Read More

OCC Fintech Charter: We Need a Government that Embraces Financial Innovation

The Office of Comptroller of the Currency (OCC) is an independent bureau within the United States Department of the Treasury that was created by the National Currency Act of 1863 (154 years ago, 20 years before the automobile was invented by Karl Benz from Germany)…. Read More

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