J.P. Morgan Chase is acquiring payments startup Renovite for undisclosed terms to use its technology to underpin the expansion of the bank’s merchant acquiring space worldwide, propel its journey to the cloud in payments and enable faster processing. With Renovite, J.P. Morgan Payments will build...
Sandboxing, though a beloved buzzword in the developer community, didn’t get its start in the context of programming or computers at all. Sandboxing was originally a military term — and it involved a literal sandbox. That sandbox had a strategic function: When generals wanted to...
There is a world of amazing things that ATMs could do in the world of financial services around the globe - but that they largely don’t do. It’s not that the tech is lacking - or even that the interest isn’t there - but the...
Long ago, former Secretary of Defense Donald Rumsfeld said that “There are things we know we know. We also know there are known unknowns; that is to say, we know there are some things we do not know. But there are also unknown unknowns —...
September 12, 2022
Maybe not Stripe, and maybe not Block — not specifically, anyway. Instead, JPMorgan’s latest acquisition looks like a shot across PayPal’s bow. It’s no secret that the banks want — and need — to broaden their payments capabilities, serving a variety of new use cases that serve consumers and enterprise clients alike. To that end, […]
July 06, 2018
Sandboxing, though a beloved buzzword in the developer community, didn’t get its start in the context of programming or computers at all. Sandboxing was originally a military term — and...
April 25, 2018
There is a world of amazing things that ATMs could do in the world of financial services around the globe - but that they largely don’t do. It’s not that...
January 25, 2018
Long ago, former Secretary of Defense Donald Rumsfeld said that “There are things we know we know. We also know there are known unknowns; that is to say, we know...
September 12, 2022
J.P. Morgan Chase is acquiring payments startup Renovite for undisclosed terms to use its technology to underpin the expansion of the bank’s merchant acquiring space worldwide, propel its journey to the cloud in payments and enable faster processing. With Renovite, J.P. Morgan Payments will build its next-generation merchant-acquiring platform while strengthening the bank’s payments modernization […]
