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Category: Business banking


Business banking, Products

JPMorgan tests blockchain for debt issuance

April 20, 2018

Via: Finextra

JPMorgan and National Bank of Canada (NBC) have carried out a debt issuance simulation using a new blockchain platform. NBC issued a US$150 million, one-year floating-rate Yankee certificate of deposit, with a parallel simulation of the issuance using blockchain technology. […]


Activity, Business banking, Products, Trading

JP Morgan shares rise as first-quarter profit easily tops expectations

April 13, 2018

Via: CNBC

J.P. Morgan Chase on Friday reported first-quarter earnings that beat on both the top and bottom line, although trading revenue growth remained light. Here’s what the company reported versus expectations: — Earnings of $2.37 a share vs. an estimated $2.28 […]


Business banking, Products

JPMorgan Chase Taps New Blockchain Head as it Considers Quorum’s Future

April 3, 2018

Via: Bank Innovation

JPMorgan Chase will be continuing its exploration of blockchain technology with new head Christine Moy, the bank said. Moy is a senior product manager in the bank’s Blockchain Center of Excellence, and will assume the leadership role after Amber Baldet […]


Business banking, Products

TSYS Inks Partnership with JPMorgan to Supply B2B Virtual Card

February 8, 2018

Via: Bank Innovation

Payments solution provider TSYS snagged a deal with JPMorgan to provide its Virtual Payment Precept card to the bank’s corporate customers. Corporate customers can use the B2B payables card is for both accounts payable and accounts receivable to reconcile transactions. […]


Business banking, Products

Goldman Sachs in Talks with Apple to Help Finance Sales for iPhone X

February 7, 2018

Via: Bank Innovation

Wall Street bank Goldman Sachs could potentially finance users who wish to purchase an iPhone X, according to the Wall Street Journal, which reported that the firm is in talks with Apple to offer such financing this morning. Potential iPhone […]


Business banking, Products

PayPal: Good News (BofA Merrill Lynch Partnership), Bad News (Bye Bye EBay)

February 2, 2018

Via: Bank Innovation

Good news and bad news for PayPal. Good news: Bank of America Merrill Lynch announced a partnership with the payments platform that enables BofA’s U.S.-based commercial clients to make payments in international payments in local currencies to payees with PayPal […]


Business banking, Products

Open Banking: Redefining the Private Banker

January 18, 2018

Via: Finextra

The acclaimed author and social commentator Malcolm Gladwell once commented, “We learn by example and by direct experience because there are real limits to the adequacy of verbal instruction”. With Open Banking, private banking can be available to all A […]


Business banking, Products

Bank of America Has More Blockchain Patents than IBM

January 17, 2018

Via: Bank Innovation

Bank of America has more blockchain-related patents than any other firm in the U.S., according to a new report by New York-based law firm EnvisionIP. According to the report, Bank of America has 43 patents while Mastercard and IBM had […]


Business banking, Products

Texas Startup Alkami Raises $70M For Mobile Banking Software

January 10, 2018

Via: Bank Innovation

Plano, Texas-based startup Alkami Technology has raised $70 million for its mobile banking platform, it was reported yesterday. Alkami, which provides white-labeled solutions for banks and credit unions to implement across their digital and mobile platforms, was started in 2009 […]


Business banking, Products

Banks Will Only Slow Fintech Innovation if They Partner Rather Than Acquire, Hyperwallet Says

December 14, 2017

Via: Bank Innovation

EXCLUSIVE—Should banks acquire or partner with smaller, more agile fintechs? Well, that depends if the end goal of the bank is to further financial innovation, Derrick Walton, EVP of global financial networks for Hyperwallet, told Bank Innovation. “There’s a difference […]