How 6 big banks are leveraging the AWS cloud
Large financial institutions have moved beyond using Amazon Web Services (AWS) for infrastructure, expanding into machine learning (ML), text extraction ...
Tag: JPMorgan Chase
Fintech BM makes first acquisition after going public through a SPAC
Financial-technology firm BM Technologies Inc. is turning the typical banking tie-up formula on its head with plans to acquire First ...
Tech spend down at JPMorgan Chase with shift to cloud
Technology spend in the third quarter was down slightly for JPMorgan Chase, despite the $3.7 trillion bank’s announcement last month ...
Dimon sees crypto headed toward U.S. regulation: IIF update
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said that cryptocurrencies are going to be regulated as anxiety around ...
JPMorgan adds to tech acquisitions with college platform Frank
JPMorgan Chase & Co. bought college financial-planning platform Frank, the latest in a string of acquisitions the largest U.S. bank ...
JPMorgan to open digital retail bank in U.K. next week
JPMorgan Chase & Co. will launch a digital retail bank in the U.K. next week, the first step in the ...
JPMorgan head of fintech: Prepare for the ‘platform of platforms’ economy
Financial institutions should plan now for the next major tech-based business paradigm — the platform of platforms. If that’s confusing, ...
Oracle expands its banking footprint with ERP cloud-based solution
The Oracle Corporation’s cloud-based enterprise resource planning (ERP) consolidating ledger has been implemented by Bank of America across 33 countries ...
Libor judge rejects halting use of benchmark in win for banks
A U.S. judge signaled he won’t immediately terminate Libor, rejecting an effort by a group of borrowers who argued the ...
Financial services firms face high incidence of phishing attacks
As financial institutions lean on digital channels to keep pace with customer requirements during the pandemic, cyberattackers have multiplied their ...
