JPMorgan posted results on Friday (Oct. 12) that beat the Street on headline numbers – top and bottom – based on traction in consumer spending, and also showed growth in its mobile and digital initiatives. The bank is among a trio, including Citigroup and Wells Fargo, that typically kick off earnings season.
Read MoreA major blockchain payments trial launched by JPMorgan, Australia’s ANZ and the Royal Bank of Canada has just gained over 75 new banks as participants. As reported by CoinDesk, the three banks set up the trial in October 2017, aiming to slash both the time and costs required for interbank payments using traditional methods.
Read MoreMultinational investment bank JPMorgan Chase has had a chequered relationship with cryptocurrencies over the years. While it has maintained an apparent apathy toward Bitcoin and the likes, the financial institution has openly embraced blockchain technology and is actively using it in various internal projects.
Read MoreChase Bank’s Chase Pay customers who use Samsung Galaxy smartphones can now link their mobile wallet to Samsung Pay. Customers are now able to use Samsung Pay’s magnetic secure transmission (MST) technology, along with near-field communication (NFC) capabilities, to pay with the Chase Pay app at millions of merchants in the U.S.
Read MoreJPMorgan Chase is seeking to patent a system for using distributed ledgers as a way to facilitate and reconcile financial transactions, newly-released filings show. In a patent application published by the U.S.
Read MoreJPMorgan Chase is sending signals that its homegrown blockchain, Quorum, is alive and well despite a recent shake-up and rumors that its going to spin it off altogether. On Friday, JPMorgan Chase publicly tested a new application it created on Quorum to handle finance instruments.
Read MoreIts interesting looking at banks strategic updates and how integral digital is to everything in the banks now. Now I dont have time to read all of these updates and reviews, but two did catch my eye recently: Lloyds Banking Group in the UK and JPMorgan Chase in the USA.
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