This comes as its digital currency, JPM Coin, is starting to be used.
It created a digital token last year as part of its wholesale payments business.
The new unit, Onyx, will have over 100 staff.
JPMorgan has said it’s at a period of “commercialisation” when it comes to blockchain and digital currency, having moved through the research and development stage.
The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
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The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
These technologies enable financial institutions to analyze vast amounts of transaction data in real-time, identify suspicious activities, and minimize false positives...
The collaboration is set to strengthen digital wallet payments and secure card data access capabilities for fintechs
Atome plans to use the funds to strengthen its technological capabilities and grow its market presence, particularly among underserved, young consumers...
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