Uberflip

Blockchain

JPMorgan Chase & Co. | September 13, 2023

JP Morgan aims to expand its blockchain efforts with a new blockchain-based digital deposit token. Deposit tokens are digital representations of bank-held deposit claims, enabling swift transactions through blockchain technology for instant settlements. In 2022, the bank carried out a trial, issuing deposit tokens...

JPMorgan | February 26, 2020

JPMorgan chief Jamie Dimon says the bank will pursue an aggressive M&A strategy to see off the threats posed to its business by Big Tech giants and smaller fintechs. Speaking at the New York-based bank’s annual investor meeting, Dimon said: “We are looking, and we will be much more aggressive with acquisitions across the board. “You’re going to get some form of competition from Apple, Amazon, Facebook, Google, WeChat, Alipay; you’re going to get it across paymen...

Financial Management, Fintech

Axiom Bank | January 25, 2023

In a recent development, Axiom Bank, N.A., headquartered in Florida, announced that it will leverage automated assurance and oversight processes across its partner programs by integrating with Cable's comprehensive financial crime compliance effectiveness testing platform thereby, enhancing its ability to provide partners with an elegant, agile experience while ensuring regulatory compliance. Aleem Jackson, Senior Vice President, BSA/AML Program Head at Axiom Bank expressed,...

Fintech

Fiserv, Ondot | December 28, 2020

Fiserv, Inc. a main worldwide supplier of financial services technology solutions, today reported that it has consented to a conclusive arrangement to obtain Ondot Systems, Inc. a main digital experience stage for financial institutions. The transaction will additionally grow Fiserv digital capacities, upgrading its set-up of coordinated solutions to empower clients, everything being equal, to convey frictionless, digital-first and personalized experiences to their buyers. Establi...