In today’s top news, PNC has been approved for a low-fee account for the underbanked, and Afterpay has launched a virtual card for installment payments. Plus, Peoples Bank and Premier Financial announced plans to merge in a deal valued at $292.3 million. PNC Gets Stamp...
There’s been a lot said, written and pontificated when it comes to collaboration in the financial services business: banks should collaborate with FinTechs, the Federal Reserve should collaborate with banks, and data aggregators should collaborate with everyone. But collaboration is easier said than done in...
Blockchain and digital currencies continue to garner more attention among corporate finance leaders and their financial service providers, with this week’s Payment Rail Innovation tracker finding financial institutions (FIs) and FinTechs investing more heavily in the infrastructure to facilitate B2B payments. Plus, new initiatives expand...
From concept to pilot to corporate payment game changer. Umar Farooq, CEO of J.P. Morgan’s Onyx, told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. The conversation took...
November 04, 2020
From concept to pilot to corporate payment game changer. Umar Farooq, CEO of J.P. Morgan’s Onyx, told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. The conversation took place against the backdrop where, late last month, J.P. Morgan […]
February 23, 2022
Christine Moy, head of J.P. Morgan’s Liink network and blockchain, is leaving the world’s largest bank after more than 17 years to pursue a new opportunity, she announced in a LinkedIn post. “After almost two decades, I am leaving JPM to pursue a new opportunity. I am so proud of defining cross-firm blockchain & crypto […]
