JPMorgan is in talks to invest an undisclosed amount in 10x Future Technologies, the company founded by former Barclays CEO Antony Jenkins; it is likely that JPMorgan will incorporate 10x’s technologies and solutions within its own business in the future; BBVA is launching a fintech accelerator, a nine-month long program aimed at fintech companies; many other large banks also have accelerator programs where they often team up with fintechs that they are nurturing in their own accelerator. Source.
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.