JPMorgan Chase is building out teams that handle card transactions and other payments for businesses by recruiting staff across key Asian markets amid the boom in digital commerce.
The bank's deal to acquire Renovite adds six new digital payment products. It is the latest in a series of investments designed to close the innovation gap created by fintechs.
J P Morgan to acquire Renovite Technologies, Inc jpmorganchase.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jpmorganchase.com Daily Mail and Mail on Sunday newspapers.
Acquisition of cloud-native payments technology firm to modernize infrastructure and create greater flexibility for the firm's merchant acquiring capabilities globally J.P. Morgan (NYSE: JPM) announces