Coinbase CEO Brian Armstrong has reportedly criticized J.P. Morgan Chase’s decision to block crypto-related transactions in its U.K. digital banking subsidiary, Chase UK. Armstrong said that private companies should not have the power to “de-platform” the crypto industry, and suggested that the U.K. government should intervene and regulate the industry...
Advancements in digital banking and the proliferation of faster digital payment methods have accelerated the rise in sophisticated fraud and financial crime, with financial institutions (FIs) battling with a surge in losses. According to a recent PYMNTS Intelligence report, which draws from a survey of...
Chase UK told customers that it will block them from making cryptocurrency transactions in a bid to protect them from the increasing number of frauds and scams associated with crypto. The bank told customers in a Tuesday (Sept. 26) email that it will implement the...
J.P. Morgan’s digital bank Chase UK is closing out its first year with £10 billion in deposits and 1 million customers as the digital retail bank headquartered at Canary Wharf, London takes on local rivals and diversifies revenue sources. This is the investment banker’s first...
September 20, 2024
JPMorgan Chase is reportedly testing a credit card product in the United Kingdom. The bank has been working on the product for over a year and senior executives are now testing it within their mobile apps, Bloomberg reported Friday (Sept. 20), citing unnamed sources. This effort comes at a time when JPMorgan is working to […]
September 29, 2023
Coinbase CEO Brian Armstrong has reportedly criticized J.P. Morgan Chase’s decision to block crypto-related transactions in its U.K. digital banking subsidiary, Chase UK. Armstrong said that private companies should not have the power to “de-platform”...
September 26, 2023
Chase UK told customers that it will block them from making cryptocurrency transactions in a bid to protect them from the increasing number of frauds and scams associated with crypto....
September 28, 2022
J.P. Morgan’s digital bank Chase UK is closing out its first year with £10 billion in deposits and 1 million customers as the digital retail bank headquartered at Canary Wharf,...
