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24 Apr 2024, 12:17 pm by Geoff Schweller
According to Bloomberg, the CFTC “has reached out to a number of banks, including JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. [read post]
18 Apr 2024, 3:30 am by HR Daily Advisor Staff
Before Andrew Scivally and his brother started ELB Learning in 2009, he oversaw learning and development teams for JPMorgan Chase and Zions Bank. [read post]
5 Apr 2024, 6:00 am by Michelle
The Forces Driving JPMorgan Chase to Build a Digital Media BusinessAmerican Banker – April 4, 2024 (subscription required) Chase Media Solutions, the media unit JPMorgan Chase launched this week, will help the bank develop more credit and debit card loyalty programs funded directly by merchants instead of the increasingly fraught card network swipe-fee system, while targeting the bank’s customers more precisely than its previous card-linked… [read post]
8 Mar 2024, 6:00 am by Michelle
Industry Developments SPOTLIGHT: JPMorgan Joins France’s Payments Network CB to Skirt Visa, MastercardReuters – March 5, 2024 JPMorgan Chase & Co said on Tuesday it had joined France’s leading payments network Cartes Bancaires (CB), becoming the first U.S. bank to do so as it seeks to offer cheaper card payment costs to its clients in the country. [read post]
2 Jan 2024, 8:33 am by The White Law Group
Man with Dementia Loses Millions through Risky Investments  According to an article in Yahoo Finance last week, the family of a once-wealthy individual is suing JPMorgan Chase & Co., alleging the bank allowed his $50 million fortune to dwindle to $1.5 million through risky investments. [read post]
3 Nov 2023, 6:00 am by Michelle
Chase’s JPM Coin: With $1 Billion in Daily Volume, It May Come to Retail PaymentsDigital Transactions News – October 30, 2023 More than four years after it began testing its own blockchain-based stablecoin, JPMorgan Chase & Co. is processing $1 billion in transaction volume per day for JPM Coin, Takis Georgako [read post]
27 Oct 2023, 10:06 pm by Cari Rincker
(Feb. 2018), https://www.jpmorganchase.com/content/dam/jpmc/jpmorgan-chase-and-co/institute/pdf/institute-bend-dont-break.pdf. [2] Robert Johnson III, 60 Percent of Small Companies Close within 6 Months of Being Hacked, Cybercrime Mag. [read post]
27 Oct 2023, 6:00 am by Michelle
Legal and Regulatory Developments SPOTLIGHT: Fed Proposes Reduction in Debit Fee CapPayments Dive – October 25, 2023 The Federal Reserve Board voted Wednesday in favor of a proposal that would cut a cap on the interchange fee that debit card issuers can charge merchants to process a transaction. [read post]
15 Sep 2023, 6:38 am by Zak Gowen
JPMorgan Is Exploring Blockchain-Based Deposit Token for Payments, SettlementsBloomberg – September 7, 2023 (subscription required) JPMorgan Chase & Co. is in the early stages of exploring a blockchain-based digital deposit token for speeding up cross-border payments and settlement, according to a person familiar with the work. [read post]
31 Jul 2023, 3:00 am by Daily Record Staff
Managing Director Jpmorgan Chase & Co. [read post]
25 May 2023, 8:32 am by Seyfarth Shaw LLP
JPMorgan and Bigger In 2019, the Fifth Circuit’s decision in In re JPMorgan Chase & Co. marked the first appellate-level decision addressing whether a court should authorize the issuance of FLSA notice to individuals with binding arbitration agreements. [read post]
21 May 2023, 9:05 pm by Vinzent Will
Because of this black box status for investors and its potential to blow up deals, JPMorgan Chase’s co-head of mergers and acquisition team once dubbed the review process the “ultimate regulatory bazooka. [read post]
16 May 2023, 6:18 am by Dan Bressler
” “Judge rejects bid to disqualify JPMorgan’s law firm in Epstein litigation” — “A federal judge on Thursday rejected an effort to disqualify the law firm defending JPMorgan Chase & Co (JPM.N) against a lawsuit by women who claim they were abused by Jeffrey Epstein and that the bank aided in the late financier’s sex trafficking. [read post]
9 May 2023, 6:18 am by Dan Bressler
“Epstein accuser suing JPMorgan seeks to disqualify bank’s law firm” — “A Jeffrey Epstein accuser suing JPMorgan Chase & Co (JPM.N) for allegedly aiding the late financier’s sex trafficking of girls and women asked a judge to disqualify the bank’s law firm on Thursday, arguing it has a conflict of interest. [read post]