Tagged: jpmorgan

JP Morgan Invests Undisclosed Amount in Limeglass, an Artificial Intelligence and Machine Learning Research Analysis Firm

JP Morgan, the world’s sixth-largest bank, has reportedly acquired an undisclosed stake in Limeglass, the developer of a set of tools that eliminate information overload in order to help people focus on the “relevant paragraphs” of their financial market research. As one of JP Morgan’s… Read More

JPMorgan Chase Develops e-Wallet Product for Large Tech Firms Airbnb, Lyft, Amazon

New York-based JPMorgan Chase (NYSE:JPM), a multinational investment bank and financial services holding company with $2.7 trillion in assets, has created an e-Wallet product for large tech firms such as Airbnb, Lyft, and Amazon.  The new online wallet will allow users to open virtual accounts… Read More

UAE’s Largest Real Estate Firm Emaar Launches New Token Developed on JPMorgan’s DLT Platform Quorum

United Arab Emirates (UAE)-based real estate firm Emaar Properties has launched a new blockchain token-based referral and loyalty platform. Emaar, the developer of Burj Khalifa, the world’s tallest building, and the Dubai Mall, intends to use the EMR token to reward its customers, according to… Read More

JPMorgan Joins List of Firms Filing Patents for Blockchain

JPMorgan was in the news this week for a move than can only be described as crypto positive. A patent filed by JPM some months ago has just percolated up on the US Patent database.  According to the filing JPM is seeking “Systems and methods… Read More

JPMorgan Chase Launches Fully Digital Banking Experience “Finn by Chase”

On Thursday, JPMorgan Chase announced the launch of its all-mobile banking service, Finn by Chase. The service is now available nationwide to iOS users and offers a fully digital banking experience that helps users to “spend smarter and save better.” Chase reported this is the… Read More

National Bank of Canada & JPMorgan Test Out Blockchain Technology with NBC Debt Issuance in U.S. Financial Markets

National Bank of Canada (NBC) announced on Friday, with the support of J.P. Morgan, it issued a $150 million one-year floating-rate Yankee certificate of deposit, with a parallel simulation of the issuance using blockchain technology. According to the banking group, this blockchain test involved the parties… Read More

JPMorgan Invests in UK Fintech AccessFintech Through Series A Funding Round

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AccessFintech, a UK-based fintech firm, announced on Tuesday that JPMorgan has invested in the company through its Series A funding round. AccessFintech also revealed it has joined JPMorgan’s exclusive In-Residence program, which is described as a program designed to assist emerging fintech companies that are looking… Read More

Vantiv Offers $10 Billion Towards Acquisition of London Fintech Firm Worldpay

Worldpay Group, a British payment processing firm, announced on Wednesday that Vantiv has offered $10 billion towards the fintech company’s acquisition. The companies revealed in a joint statement: “The Boards of Worldpay and Vantiv see compelling strategic, commercial and financial rationale for combining Worldpay and… Read More

JP Morgan Chase’s Fintech Accelerator Program FinLab Accepting Applications Until April 27th

JP Morgan Chase’s virtual fintech lab, the Financial Solutions Lab (FinLab) is now accepting applications for its 2017 program. The financial group teamed up with the Center for Financial Services Innovation to launch the program and this is the third annual $3 million challenge. The… Read More

Fitch Ratings Reports: Global Shadow Banking Growth to Begin to Slow in 2016

On Wednesday, Fitch Ratings reported that the growth and success of shadow banks will begin to slow down in 2016 as regulators step up scrutiny of the sector and banks weigh competitive responses. The website revealed that shadow banks are increasingly likely to become victims… Read More

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