JPMorgan seeks to banish paper payments with fintech venture
JPMorgan Chase is partnering with another fast-growing technology firm, this time to help business clients eradicate paper checks. ... Read full article
JPMorgan Chase is partnering with another fast-growing technology firm, this time to help business clients eradicate paper checks. ... Read full article
Marbue Brown will oversee customer experience in Chase’s branch network, call centers and digital and mobile platforms. ... Read full article
Agency confirms it’s investigating the credit bureau; regulator gives green light to Upstart Network to use cellphone payments, etc., to underwrite loans. ... Read full article
Bankers in Florida and Texas are dusting off their disaster-recovery playbooks, which focus on retrieving customers' valuables, ensuring employee safety and minimizing the bank's own legal exposure. ... Read full article
More than 100 suits have been filed since the company revealed the massive data breach last week; price of digital currency is down 25% since hitting a record high a week ago. ... Read full article
JPMorgan Chase CEO Jamie Dimon predicted Tuesday that the market for bitcoin is on the verge of crashing, saying it was even worse than the infamous Dutch Tulip bubble. ... Read full article
Serving on multiple boards while holding full-time executive positions weakens a director’s ability to fulfill the governance demands at complex institutions. ... Read full article
Credit bureau says records of 143 million consumers were compromised; state agency penalizes Habib Bank for enabling terror financing. ... Read full article
Company is third fintech firm in the past few months to seek its own bank charter; vice chair’s departure gives Trump four vacancies to fill on the Federal Reserve Board. ... Read full article
JPMorgan Chase and Bank of America were among those institutions speaking out about President Trump's plan to terminate legal protections for young, undocumented immigrants who arrived in the country as children. ... Read full article
Financial institutions increasingly depend on large tech companies such as Google and Apple for infrastructure, said the group that runs the Davos conference, stopping well short of recommending regulatory changes. ... Read full article
The money will be split between the Southern Poverty Law Center and the Anti-Defamation League. ... Read full article
A Fed committee studying Libor’s replacement has dwelled heavily on the potential impact to the derivatives market. Loans may become a bigger part of the conversation later this year, but the panel plans to leave a lot of the specifics up to lenders. ... Read full article
Credit card issuers have been trying to outdo each other to offer the best rewards program. And it shows, as customer satisfaction rates with many (but not all) of their banks have never been higher in a yearly J.D. Power study. But they may not last ... Read full article
The CEO of JPMorgan Chase served on President Trump's strategic and policy forum, one of two councils that are now being dissolved, and had drawn criticism for sticking with it. ... Read full article
The Consumer Financial Data Rights group, representing aggregators and fintechs, says banks still aren’t forking over enough customer data. The group is meeting with bank regulators and trying to get consumers to petition regulators on its behalf. ... Read full article
JPMorgan Chase Chief Executive Jamie Dimon joined U.S. corporate leaders in denouncing racial intolerance as the pressure heats up on them to challenge President Trump on social and other policy matters. However, Dimon remains on a key presidential ... Read full article
The $2.6 trillion-asset bank's recent commitment to digital lending augurs the development of a two-tier market for borrowers who want fast access to cash. ... Read full article
JPMorgan CEO Dimon says banks are putting Silicon Valley to shame … in terms of diversity; Uber’s plan to replace its CEO with a woman seems to be sputtering; and Yellen’s potential successors also are all men. ... Read full article
The business world has been seeking the benefits of distributed ledgers but worries about security, control, privacy, performance and other issues. Microsoft says its new Coco framework will solve all these and more. ... Read full article