PeerIQ released their Q4 2018 Lending Earnings Insights Report which points to a number of themes showing the economy is strong...
According to sources Amazon is talking with banks such as JPMorgan Chase to build a checking-account-like product; while it is still early and the product may not see the light of day it shows Amazon’s interest in working with banks to expand into financial services. Source
Chase recently made the news after shutting down Finn, their mobile banking brand; the bank has now shared with the...
The bank is closing 20% of branches and reducing staff in the ones that will remain open; they are the...
JP Morgan has frozen hiring across most of the bank; managers have been asked to review job postings and remove...
By the end of 2022, JP Morgan Chase hopes to cover 93% of Americans via their branch network; this amounts...
Later this year cardholders will be able to access loans from JPMorgan Chase through “My Chase Plan” which features a...
A new study from Juniper Research notes that digital banking users will increase to 3.6 billion by 2024, a 54%...
JPMorgan Chase ran a pilot last year which offered bonus rewards to customers of their Sapphire credit cards if they closed a mortgage; JPMorgan experienced significant demand from the pilot with homes purchased doubling for those who owned the Sapphire cards; the bank is now expanding the promotion to other credit cards they offer; Business Insider shares more on JPMorgan’s market opportunity and the millennial demographic. Source
JP Morgan CEO Jamie Dimon speaking at the bank’s annual investor meeting stated, “We are looking, and we will be...