JPMorgan Chase Looking to Take Back Payments Market Share

JPMorgan Chase recently merged their business-to-business treasury services unit with its consumer-to-business merchant services unit in a bid to take on fintech payments companies; the new combined unit will allow JPMorgan to offer businesses a single payments system for consumers and corporate payments; the head of the unit, Takis Georgakopoulos, believes they can double their market share in global treasury services within the next few years; the new unit is already paying off by exceeding the previous growth of 8 percent. Source.

  • Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!