Tag: jPMorgan

JPMorgan has teamed with Indian banks to test the potential of blockchain technology to provide 24/7 settlement services for Indian FIs. 

JP Morgan has provided a strategic investment in leading Indian payment solutions provider In-Solutions Global (ISG).

Propel, a FinTech company designed to help low-income families in America to improve their financial health, has reportedly raised $50m.

Cloud-native banking technology developer Thought Machine has reached a $2.7bn valuation after the close of its Series D on $160m.

As another challenging year comes to an end, the task for organisations to remain compliant in new working environments is still ongoing. Despite firm efforts by many to avoid penalties, some institutions were unable to duck fines last year. Here are the top five compliance failure fines from the year of 2021.

The Securities and Exchange Commission (SEC) has fined JPMorgan $125m due to ‘widespread and longstanding failures’ by the bank to maintain and preserve written communications.

Enso Security, which builds application security posture management, has closed its seed round on $6m.

FinTech companies have until the summer to get on board with JPMorgan’s new data access agreement or risk being cut off from accessing the investment bank’s data.

Envestnet | Yodlee, the data aggregation and analytics platform, has entered a partnership with JPMorgan Chase, the investment bank JPMorgan’s community and consumer banking arm.

Investment banks JPMorgan and Goldman Sachs are no strangers to betting on big tech ventures, but even they seem to have shunned Libra.