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Chase Digital Unit Tackles Top Mobile & Online Challenges for 2021

COVID-19 accelerated demand that was already growing but megabank also saw the need for new digital twist on small business accounts. The post Chase Digital Unit Tackles Top Mobile & Online Challenges for 2021 appeared first on The Financial Brand.
Tags: Finance, Chase, JPMorgan Chase, Digital Banking Strategies, Innovation Strategies, Mobile Channel, Featured Content, Chase Digital Unit Tackles Top Mobile, Chase Digital


Picture of US economy is worrisome as virus inflicts damage

Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income and nervous consumers, whose spending is needed to drive a recovery from the pandemic. A flurry of data released Wednesday suggest the spread of the virus is intensifying the threats to an economy still struggling to recover from the deep recession that struck in early spring. The number of Americans seeking unemployment aid rose last week for a second straight week to 778,00...
Tags: Business, News, Congress, US, Sport, Economy, Soccer, Consumers, JPMorgan Chase, Mark Zandi, Moody 's Analytics, Zandi, Coronavirus, Coronavirus Closures, Coronavirus Economy, Rubeela Farooqi


Affirm revealed its IPO paperwork. Here's a look inside the buy now, pay later frenzy, the new twist on financing that is a must have for everyone.

Klarna markets itself as a 'smoooth shopping' experience. Thomas Concordia/Getty Images Point-of-sale financing isn't new, but it's gotten renewed attention as a wave of startups like Affirm, Afterpay, and Klarna acquired millions of new users during the coronavirus pandemic. On Wednesday, Affim published its S-1, the paper detailing its planned initial public offering.  These fintechs offer consumers the ability to buy now, pay later, both online and in-store. And now, incumbents ...
Tags: Apple, Google, Amazon, Japan, UK, Etsy, Australia, France, Finance, China, US, Trends, Paypal, David, Canada, Tencent


US jobless claims increase to 742,000 as pandemic worsens

By CHRISTOPHER RUGABER | AP Economics Writer WASHINGTON — The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs. The Labor Department’s report Thursday showed that applications for benefits rose from 711,000 in the previous week. Claims had soared to 6.9 million in March when the pandemic first intensified. Before the pandemic, a...
Tags: Business, News, Congress, Washington, US, Sport, Economy, Soccer, United States, Biden, Irs, University Of Michigan, JPMorgan Chase, Labor Department, National News, Century Foundation


PNC to Vault to #5 Ahead of U.S. Bank in BBVA Deal Embracing Branches

Entering a new banking league via a massive expansion of geographic reach, the big regional believes in-person relationships are stronger. The post PNC to Vault to #5 Ahead of U.S. Bank in BBVA Deal Embracing Branches appeared first on The Financial Brand.
Tags: Finance, Bank Of America, Spotlight, Citigroup, Wells Fargo, Bbva, Vault, JPMorgan Chase, PNC, US Bank, Chime, Branch Design, Branch Strategies, Culture & Leadership, Featured Content, Marous


PNC to Vault to #5 Ahead of U.S. Bank via BBVA Buy Embracing Branches

Entering a new banking league via a massive expansion of geographic reach, the big regional believes in-person relationships are stronger. The post PNC to Vault to #5 Ahead of U.S. Bank via BBVA Buy Embracing Branches appeared first on The Financial Brand.
Tags: Finance, Bank Of America, Spotlight, Citigroup, Wells Fargo, Bbva, Vault, JPMorgan Chase, PNC, US Bank, Chime, Branch Design, Branch Strategies, Culture & Leadership, Featured Content, Marous


Jamie Dimon blames 'childish' politicians for lack of COVID-19 relief: 'Just get it done'

JPMorgan Chase CEO Jamie Dimon sharply condemned lawmakers over the deadlocked negotiations on the next coronavirus relief package in a...
Tags: Jamie Dimon, JPMorgan Chase


'This is childish': JPMorgan CEO blasts Congress for not passing another round of economic stimulus as COVID-19 surges

Jamie Dimon, the chief executive of JPMorgan. Misha Friedman/Getty Images Jamie Dimon, CEO of JPMorgan Chase, called on Congress to find a compromise on more economic stimulus measures on Wednesday.  A first round of emergency business funds, expanded unemployment payments, stimulus checks, and more expired at the end of the summer and any replacement has been bogged down on Capitol Hill for months. "This is childish behavior on the part of our politicians," Dimon said, urging legislators ...
Tags: Politics, News, Congress, Finance, China, US, America, Trends, New York Times, Capitol Hill, Jamie Dimon, Stimulus, Jpmorgan, JPMorgan Chase, Dimon, Graham Rapier


Biden vows to strengthen economy despite exploding pandemic

By STEVE PEOPLES | Associated Press WILMINGTON, Del. — Acknowledging that the nation is in a “dark” place, President-elect Joe Biden on Monday said his administration would strengthen the country’s vulnerable economy despite the exploding pandemic as he pushed forward with the business of preparing to assume the presidency. Biden, who will take office on Jan. 20, offered an optimistic assessment of the next four years during a meeting with several business and labor leaders ahead of an afternoon...
Tags: Politics, News, Microsoft, Washington, Satya Nadella, Georgia, Sport, Joe Biden, Economy, Soccer, Iowa, Mary Barra, Associated Press, Biden, Delaware, Kamala Harris


Jeff Bezos congratulates president-elect Biden, saying Americans 'proved again our democracy is strong'

Jeff Bezos (right) talks to Donald Trump (left) at a White House technology roundtable in 2017. REUTERS/Carlos Barria Jeff Bezos congratulated Joe Biden and Kamala Harris on their Presidential win Saturday.  In an Instagram post, the Amazon founder said President Trump's loss proves "unity, empathy, and decency are not characteristics of a bygone era." Biden's win is likely a mixed result for Amazon, which stands to lose from Democratic-led regulation, but has also dealt with very public a...
Tags: Amazon, Politics, Instagram, Microsoft, Congress, Washington Post, Senate, White House, US, Trends, Joe Biden, House, Paris, Bill Gates, Postal Service, Jeff Bezos


Jamie Dimon: Respect the democratic process — and the election outcome

JPMorgan Chase CEO Jamie Dimon is urging Americans to remain calm and keep faith in the electoral system as uncertainty continues in the presidential election.
Tags: Cnn, Jamie Dimon, JPMorgan Chase


How Old Navy, Target, and other companies helped respond to a national polling worker shortage

Tory Burch is one of a number of business leaders promoting civic engagement. Tory Burch Foundation Ahead of Tuesday's presidential election, the US faced a shortage of poll workers as many seniors sat out this cycle over fears of contracting the coronavirus. But a number of businesses stepped up and encouraged their employees to volunteer as poll workers by giving them paid time off to do so. Old Navy and Tory Burch are some of the companies extending this benefit to their...
Tags: Navy, US, Trends, Cnn, Old Navy, Starbucks, Warby Parker, Tory Burch, JPMorgan Chase, Nancy Green, Compass Coffee, Marguerite Ward, Power the Polls, DC CBS, Patagonia Salesforce, Deloitte Dell


The upskilling economy: 7 companies investing millions of dollars in retraining American workers so they can find better jobs

FILE PHOTO: Jamie Dimon, chairman & CEO of JP Morgan Chase & Co Reuters As the coronavirus pandemic continues, millions of unemployed Americans are likely trying to upskill or reskill themselves (learn additional or new skills) to land in-demand jobs.  By 2022, 54% of all employees will require significant upskilling due to automation and AI, according to the World Economic Forum.  Several companies including JPMorgan, Accenture, and Verizon have already launched million and ...
Tags: Amazon, Verizon, US, America, Trends, Accenture, Wall Street Journal, Jamie Dimon, Cnbc, Reuters, World Economic Forum, Brian Moynihan, JPMorgan Chase, Bob Moritz, Ina Fassbender, Jack Taylor Getty


JPMorgan, Goldman Order Software 'Code Freezes' Around Election

Top banks, including JPMorgan Chase and Goldman Sachs, are battening down their technology hatches for next week's presidential election. From a report (paywalled): Around next Tuesday, the final day of voting, JPMorgan and Goldman will both halt software updates to the retail and investment banking systems their customers use to manage accounts, The Information has learned. It's a precaution intended to minimize the risk of outages of their services during a period of potential market volatilit...
Tags: Tech, Goldman Sachs, Goldman, Jpmorgan, JPMorgan Chase


Enso Security raises $6M for its application security posture management platform

Enso Security, a Tel Aviv-based startup that is building a new application security posture management platform, today announced that it has raised a $6 million seed funding round led by YL Ventures, with participation from Jump Capital. Angel investors in this round include HackerOne co-founder and CTO Alex Rice; Sounil Yu, the former chief security scientist at Bank of America; Omkhar Arasaratnam, the former head of Data Protection Technology at JPMorgan Chase and toDay Ventures. The company w...
Tags: Security, Startups, Europe, Enterprise, Tel Aviv, Tech, Bank Of America, Application Security, Computing, Github, HackerOne, Cto, Splunk, Data Security, Servicenow, Computer Security


Enso Security raises $6M for its application security management platform

Enso Security, a Tel Aviv-based startup that is building a new application security platform, today announced that it has raised a $6 million seed funding round led by YL Ventures, with participation from Jump Capital. Angel investors in this round include HackerOne co-founder and CTO Alex Rice; Sounil Yu, the former chief security scientist at Bank of America; Omkhar Arasaratnam, the former head of Data Protection Technology at JPMorgan Chase and toDay Ventures. The company was founded by Roy E...
Tags: Security, Startups, Europe, Enterprise, Tel Aviv, Tech, Bank Of America, Application Security, Computing, Github, HackerOne, Cto, Splunk, Data Security, Servicenow, Computer Security


It's shocking that Jamie Dimon is urging a peaceful transfer of power. Here's why

JPMorgan Chase CEO Jamie Dimon is urging all Americans this election to respect the democratic process, especially the peaceful transfer of power.
Tags: Cnn, Jamie Dimon, JPMorgan Chase


JPMorgan CEO Jamie Dimon: The peaceful transfer of power is a hallmark of America

JPMorgan Chase CEO Jamie Dimon is urging all Americans this election to respect the democratic process, especially the peaceful transfer of power.
Tags: America, Cnn, Jamie Dimon, Jpmorgan, JPMorgan Chase


Tesla stock jumps after record-breaking Q3 earnings, adding $22 billion in market value

Tesla CEO Elon Musk. AP Photo/Jae C. Hong Tesla's strong third-quarter earnings sent its stock price up as much as 5.5% on Thursday.Elon Musk's electric-car maker delivered nearly 140,000 vehicles last quarter, fueling record operating income of $809 million and free cash flow of $1.4 billion.Tesla's bosses are aiming to deliver 500,000 vehicles this year, requiring the company to produce about 181,000 cars this quarter — 29% more than their quarterly record.The automaker's stock price h...
Tags: Elon Musk, Trends, Tesla, Johnson Johnson, JPMorgan Chase, Procter Gamble, Johnson Johnson Procter Gamble, Theron Mohamed, Tesla CEO Elon Musk AP Photo Jae C Hong Tesla


Tesla stock surges after Elon Musk's electric-car company posts record profits

Tesla CEO Elon Musk. AP Photo/Jae C. Hong Tesla's strong third-quarter earnings sent its stock price up as much as 5.5% in pre-market trading on Thursday.Elon Musk's electric-car maker delivered nearly 140,000 vehicles last quarter, fueling record operating income of $809 million and free cash flow of $1.4 billion.Tesla's bosses are aiming to deliver 500,000 vehicles this year, requiring them to produce about 181,000 cars this quarter — 29% more than their previous quarterly record.The a...
Tags: Elon Musk, Trends, Tesla, Johnson Johnson, JPMorgan Chase, Procter Gamble, Johnson Johnson Procter Gamble, Theron Mohamed, Tesla CEO Elon Musk AP Photo Jae C Hong Tesla


Microsoft CEO Satya Nadella calls for a 'referendum on capitalism'

Microsoft's CEO Satya Nadella Stephen Brashear/Getty Images Microsoft CEO Satya Nadella said Wednesday it was time for a "referendum on capitalism." Companies should grade themselves on the jobs they create and the benefits they bring about for society, rather than just their profits, he said. "We all have to recognize what is that social core purpose of a corporation," he said at the Forbes JUST 100 virtual summit. Visit Business Insider's homepage for more stories. Microsoft's CEO Sa...
Tags: Amazon, Microsoft, Democracy, Satya Nadella, Trends, Davos, United States, Capitalism, Forbes, Stakeholders, World Economic Forum, JPMorgan Chase, Nadella, Greta Thunberg, Better Capitalism, Getty Images Microsoft


Why Clients Are Rethinking Their Agency Partnerships Right Now

The tail end of 2020 is generating a wave of media reviews. September alone brought news of the NBA, Home Depot, T-Mobile and JPMorgan Chase reviewing their media accounts. The Covid-19 pandemic has accelerated shifts in the media landscape and consumer habits and has also led some to reassess marketing investments. All of this is...
Tags: Advertising, JPMorgan Chase, Mediaweek, NBA Home Depot T Mobile


Wells Fargo has fired more than 100 workers for lying in order to get COVID-19 relief funds

Wells Fargo Bank branch is seen in New York Reuters Wells Fargo has fired at least 100 workers that it believes lied when trying to get COVID-19 relief funds, Bloomberg reported Wednesday and Business Insider confirmed. Wells Fargo said the employees committed fraud against the US Small Business Administration, which oversees the funds, "by making false representations in applying for coronavirus relief funds for themselves," according to the memo, which Business Insider reviewed. The SBA'...
Tags: New York, US, Trends, Bloomberg, Business Insider, Wells Fargo, JPMorgan Chase, SBA, Wells Fargo Bank, U S Small Business Administration SBA, US Small Business Administration, REUTERS Wells Fargo, Business Insider the bank, EIDL, Paycheck Protection Program PPP, Carol Chastang


JPMorgan CEO Jamie Dimon: Double dip recession would cause 'pain and suffering'

JPMorgan Chase CEO Jamie Dimon expressed confidence Tuesday in America's ability to get through next month's election even as he urged the federal government to do more to prevent a double-dip recession.
Tags: America, Cnn, Jamie Dimon, Jpmorgan, JPMorgan Chase


Jamie Dimon warns of more 'pain and suffering' if there's a double-dip recession

JPMorgan Chase CEO Jamie Dimon expressed confidence Tuesday in America's ability to get through next month's election even as he urged the federal government to do more to prevent a double-dip recession.
Tags: News, America, Stories, Jamie Dimon, JPMorgan Chase


Armory nabs $40M Series C as commercial biz on top of open source Spinnaker project takes off

As companies continue to shift more quickly to the cloud, pushed by the pandemic, startups like Armory that work in the cloud native space are seeing an uptick in interest. Armory is a company built to be commercial layer on top of the open source continuous delivery project Spinnaker. Today, it announced a $40 million Series C. B Capital led the round with help from new investors Lead Edge Capital and Marc Benioff along with previous investors Insight Partners, Crosslink Capital, Bain Capita...
Tags: Google, Startups, TC, Open Source, Cloud, Enterprise, Developer, Funding, Tech, Netflix, Autodesk, Armory, Mirantis, Marc Benioff, JPMorgan Chase, Amazon Microsoft


Bank earnings kickoff — Goldman's latest tech investment — Hot spots for life-science real estate

REUTERS/David Gray Citi reports on its third quarter this morning after what has been a hectic few months for the bank. There will likely be some questions about its recent regulatory fine and executive shakeup. Buy-side giant BlackRock and Wall Street's biggest bank by assets, JPMorgan Chase, are also up. If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.We are also looking for nominations for our first-e...
Tags: Minneapolis, New York City, Trends, Goldman Sachs, Deloitte, Harry Reid, Goldman, Blackrock, JPMorgan Chase, AlixPartners, Digital Media Solutions, Dan DeFrancesco, Alex Nicoll, Shannen Balogh, George Floyd, Playboy CuriosityStream


JPMorgan posts surprise profit gain as loan book withstands turmoil

JPMorgan Chase unexpectedly grew its bottom line last quarter as the bank's Wall Street business and its Main Street arm withstood turmoil in the global economy.
Tags: Cnn, Jpmorgan, JPMorgan Chase


JPMorgan third-quarter earnings beat forecasts, as a rebound in global markets lifted trading revenue by 32%

Mario Tama/Getty JPMorgan Chase reported third-quarter earnings Tuesday that beat forecasts, thanks to strong gains in the bank's equity markets division that reaped the reward of the rebound in global markets.Investment-banking revenue rose 12%, fixed-income markets revenue rose 29%, and revenue from equity markets rose 32% in the third-quarter ending September 30.CEO Jamie Dimon noted "significant uncertainty" felt by the bank during the year, but commended its recovery efforts.  The ban...
Tags: US, Trends, Bloomberg, Deutsche Bank, Federal Reserve, Jamie Dimon, Jpmorgan, JPMorgan Chase, Dimon, Mario Tama Getty, Shalini Nagarajan


JPMorgan pledges $30B toward fixing racial wealth gap

By Ken Sweet | The Associated Press JPMorgan Chase said Thursday it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort toward fixing what the bank calls “systemic racism” in the country’s economic system. The New York bank said it is committing $30 billion over the next five years toward programs that include earmarking more money for getting Black and Latino families into homeownership and providing additional financing to build affordab...
Tags: New York, Minneapolis, America, Sport, Soccer, United States, Citigroup, Jamie Dimon, Black, Wells Fargo, Ken Sweet, Jpmorgan, Floyd, JPMorgan Chase, George Floyd, Black and Latino