WePay will continue to operate as a standalone company and receive additional resources from JPMorgan Chase to continue to grow.
JPMorgan Chase Jumps Deeper into FinTech Game with Acquisition of WePay
People Are Complaining About Their Banks Much More than Last Year
Compared to 2015, complaints related to bank accounts are up 26%, jumping to 2,400 complaints per month versus less than 1,900 last year.
Bank of America, JPMorgan, RBS, and BBVA Highlight Fintech Awards in 2016
Banking Technology will be handing out its Banking Technology Awards 2016 in December at Tower Hotel in London
Lending and Credit Growth Still Booming Throughout Developed Economies
"Credit demand has remained fairly strong, consistent with robust investment growth," says Michael Pearce of Capital Economics.
Wells Fargo to Offer Person-to-Person Mobile Money Transfers in August
The transfers occur instantaneously and come at no cost, with the sender only needing the recipient's email address or phone number.