#JPMorgan #Chase is on a roll with its digital hiring and currently has #more #than 2,000 #open positions. The bank is looking for a senior digital #fintech expert to join its Digital Strategy, Innovation and Partnerships team, as it continues to recruit talent as part of its effort to revamp its #technology team. Last week, Adam K, […]
Bank Innovation
JPMorgan #Chase announced that it was rolling over customers with a Chase Premier Platinum #checking #account to its better-known consumer #brand, Chase #Sapphire. Customers with the Chase Sapphire account will be able to keep their Premier Platinum account numbers and card numbers with the added benefit of free ATMs, free outgoing wire transfers as well […]
Bank Innovation
You might not expect the nation’s leading mobile bank, with north of 31 million users, to be in a hurry to build a digital bank under a new brand, but that&8217;s just what #JPMorgan #Chase did last October with #Finn. Clayton Christensen&8217;s famous “innovator&8217;s dilemma” notes that it is difficult for incumbents to launch new […]
Bank Innovation
Posting $ 10 billion in revenue for Q2’18, up 9% from the same quarter last year, #American Express‘s post-market earnings call reveals a battle for a strategic partnership, which Amex won against #JPMorgan #Chase. A question was fielded from Donald Fandetti, managing director, Wells Fargo on competitive intensity: Could you talk a little bit about the […]
Bank Innovation
#JPMorgan #Chase leads the #race for the most #mobile #users among the top three largest consumer #banks in the U.S. — still. With 31.6 million active mobile users, JPMorgan Chase is well ahead of Bank of America’s 25.3 million active mobile users for 2Q18. In the same period, Wells Fargo reported 22 million and Citigroup 10 million. Chase’s […]
Bank Innovation
#Chase has designed a bank account for millennials, a debit card linked to a mobile phone that bypasses paper and bank branches.
Financial Technology
#JPMorgan #Chase & Co. and the #National #Bank of #Canada (NBC) announced today that they tested a debt insurance simulation on a new #blockchain platform. NBC issued a one-year, floating rate certificate of deposit for $ 150 million dollars to JPMorgan on the platform, with JPMorgan creating a replica transaction to NBC using a debt issuance […]
Bank Innovation
EXCLUSIVE— Mobile banking #customers continue to flock to JPMorgan #Chase, a growth attributed to the bank’s focus on customer loyalty, Marianne Lake, chief financial officer for the bank, said today. #Digital customers are “#more #loyal, they #spend more money, make higher deposits and investments,” Lake said this morning during the bank’s Q1’18 earnings call, where […]
Bank Innovation
#Customers of JPMorgan #Chase were unamused when the bank experienced a day-long digital outage, leaving many customers unable to make #online transactions, use the #mobile app, or conduct additional banking tasks. The bank, #after noting that some “functions” of its website and app were not working on its twitter, posted a second tweet some hours […]
Bank Innovation
EXCLUSIVE— While #mobile banking usage appears to be steadily increasing, some #banks are getting better at it than others. Bank of America, which reported its fourth quarter earnings for 2017 today, stated that the bank now has 24.2 million mobile active banking users, up 2% from 23.6 million last quarter and up a respectable 12% […]
Bank Innovation
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