jpmorgan

JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the sixth largest bank in the world by total assets, with total assets of US$2.73 trillion.

Source: jpmorgan.com

FIs Explore GenAI Potential in Small Business Lending Despite Customer Concerns
FIs Explore GenAI Potential in Small Business Lending Despite Customer Concerns
February 12, 2024  |  Artificial Intelligence

Financial institutions are embracing the integration of generative artificial intelligence into their operations, recognizing it as a vital step to remain competitive in today’s fast-evolving...

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Big Banks See Overdraft Fee Revenues Fall 25%
Big Banks See Overdraft Fee Revenues Fall 25%
February 11, 2024  |  Banking

America’s three biggest consumer banks saw their overdraft fee revenues fall 25% in 2023. J.P. Morgan Chase, Bank of America and Wells Fargo collected $2.2 billion in total in those...

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Bank Branch Buildouts and Upgrades Show Omnichannel Is Here to Stay
Bank Branch Buildouts and Upgrades Show Omnichannel Is Here to Stay
February 08, 2024  |  Banking

The pandemic threatened to make banking in the brick-and-mortar setting a bit of an anachronism. Lockdowns meant that getting things done at the counter with...

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JPMorgan Chase to Add 500 Branches, Renovate 1,700 Existing Locations
JPMorgan Chase to Add 500 Branches, Renovate 1,700 Existing Locations
February 06, 2024  |  Banking

J.P. Morgan Chase, one of the largest banks in the United States, reportedly plans to open more than 500 new bank branches over the next...

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JPMorgan Raises Concerns About Tether’s Compliance, Transparency
JPMorgan Raises Concerns About Tether’s Compliance, Transparency
February 01, 2024  |  Cryptocurrency

Tether is making headlines in the cryptocurrency market as its USDT token approaches $100 billion in market capitalization, the largest on the market.  While this milestone signifies Tether’s...

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YouLend Expands Revenue-Based Financing Capacity by $5.1 Billion
YouLend Expands Revenue-Based Financing Capacity by $5.1 Billion
January 29, 2024  |  Investments

Global embedded finance platform YouLend secured a financing deal that will enable it to extend 4 billion pounds (about $5.1 billion) in additional revenue-based financing...

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Credit Card Delinquencies Keep Hovering Above Pre-COVID Levels
Credit Card Delinquencies Keep Hovering Above Pre-COVID Levels
January 29, 2024  |  Credit Cards

America’s credit card companies ended December with delinquencies and charge-off rates essentially unchanged from November. And as a Monday (Jan. 29) Seeking Alpha report notes,...

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Quantum Computing Firm Quantinuum Valued at $5 Billion 
Quantum Computing Firm Quantinuum Valued at $5 Billion 
January 16, 2024  |  artificial intelligence

Quantum computer firm Quantinuum has been valued at $5 billion following a $300 million fundraising round. The round, which included participation by JPMorgan, will help Quantinuum develop “the...

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Big Bank Earnings Show Digital’s App-Driven Appeal to Consumers
Big Bank Earnings Show Digital’s App-Driven Appeal to Consumers
January 16, 2024  |  Digital Banking

As earnings season rolls on, key themes from banks are emerging. Consumers are continuing to engage with their banks via mobile means, and branches are...

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