Post Tagged with: "JP Morgan Chase"

JPMorgan Chase Hack Due to Missing 2-Factor Authentication on One Server

by December 23, 2014 at 2:12 pm 0 comments

JPMorgan Chase was among five banks that were reported to have been hacked earlier this year, and details have emerged on how the hack took place.

Security Breach Detected

Security Breach Detected

by September 2, 2014 at 1:44 pm 0 comments

Apple isn’t the only company to suffer a security breach in the last few days. You may have noticed some garbled posts employing broken English and offering for sale Louis Vuitton handbags and Christian Louboutin shoes on our site earlier today. Those posts were not from Bank Innovation.

Uber Said to Be in Talks to Tap Chase for Payment Processing

Uber Said to Be in Talks to Tap Chase for Payment Processing

by June 26, 2014 at 2:52 pm 0 comments

Uber, the red-hot transportation startup, may move some of its payment processing to JPMorgan Chase from longtime partner Braintree, Bank Innovation has learned.

Capital One Looks To Hire Bitcoin Experts

Capital One Looks To Hire Bitcoin Experts

by June 9, 2014 at 2:28 pm 0 comments

If you know bitcoins, Capital One Financial Corp. wants to hire you. Specifically, Cap One is looking to hire data scientists with extensive knowledge of Bitcoin, cryptocurrency, and other emerging technology, according to a job posting on its career page. First noted by Coindesk, the job posting is for aRead More

MasterCard Ditches ‘Mobile Wallets’

MasterCard Ditches ‘Mobile Wallets’

by May 20, 2014 at 2:58 pm 2 comments

Another payments company is backing off digital wallets. MasterCard CEO Ajay Banga, speaking in a fireside chat today at the JPMorgan Chase Global Technology, Media, and Telecom Conference in Boston, talked mobile payments and said, “I don’t want to be in the wallet business.” Banga said that he didn’t thinkRead More

Chase to Release Redesign of Its iPhone App This Month

Chase to Release Redesign of Its iPhone App This Month

by April 4, 2014 at 3:07 pm 0 comments

JP Morgan Chase is planning a major redesign of its retail banking iPhone app. Chase, the retail arm of JPM, told customers today that its newly redesigned app will be released later this month. According to Chase, the new app will include the following features: Simpler, more-streamlined login; Design modificationsRead More

Crashing Mortgage Margins Beg for More Innovation

Crashing Mortgage Margins Beg for More Innovation

by March 28, 2014 at 2:46 pm 0 comments

Lost amid the waterfall of news this week was the fact that the average profit on mortgages has fallen to their lowest point since the Mortgage Bankers Association started recording the data in 2008. Last quarter, mortgages paid lenders an average profit of $150. It was $743 in the fourthRead More

Innovation Needs More Fist-Bumping

Innovation Needs More Fist-Bumping

by November 18, 2013 at 2:34 pm 1 comment

I now have at least four digital devices that I use for various chores. The latest, a Google Nexus 10 Tablet, has taken up residence on my night table within the last couple of weeks. Oddly, however, I have grown to appreciate not the technology of innovation, but the humanRead More

Subprime Auto Finance: Hidden Giant

Subprime Auto Finance: Hidden Giant

by October 8, 2013 at 12:23 pm 0 comments

No one who reads my blog will be surprised to learn that 1 in 4 Americans are underbanked.  But I do see quite a few raised digital eyebrows when I point out that these 80 million consumers spend almost $80 billion on fees and interest for the most basic of financial services every year.  While […]

Wells Tops JPM in Online Banking, But What About in Mobile?

Wells Tops JPM in Online Banking, But What About in Mobile?

by July 15, 2013 at 4:00 pm 0 comments

In a clash of the banking titans, Wells Fargo & Co. beat JPMorgan Chase in online banking last quarter – but JPM topped Wells in mobile. Wells Fargo, the San Francisco bank, increased its online banking users by about 8% last quarter compared to the same quarter in 2012, toRead More