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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 11 sources · 7 days · First seen · Last updated

J. P. Morgan and Thunes payment partnership

Overview

J. P. Morgan Payments has partnered with Thunes to enhance its Xpedite Remit solutions suite. The collaboration utilizes Thunes’ Direct Global Network and J. P. Morgan’s connectivity to local real-time payment rails to expand cross-border capabilities.

The partnership aims to provide clients access to an estimated 12 billion bank accounts and mobile wallets across more than 100 corridors. The solution is designed to offer 24/7 real-time payments, end-to-end traceability, and principal protection, with the ability to process payouts in original currencies or through foreign exchange conversion.

Recent developments indicate the expansion of this partnership to facilitate faster cross-border transactions, with expectations that the integration will extend into Chase’s consumer and small-business operations.

Entities

Thunes · New York Stock Exchange · J. P. Morgan Payments · Aljazira Bank · Peter de Caluwe

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. [BUSINESS] 5 sources
    Thunes expands global payment partnerships with J.P. Morgan and Aljazira Bank

    J.P. Morgan Payments and Aljazira Bank are both partnering with Thunes to expand and modernize global cross-border payment and remittance capabilities via real-time digital networks.

  2. [BUSINESS] 7 sources
    J. P. Morgan Payments partners with Thunes for global payouts

    J. P. Morgan Payments is partnering with Thunes to enhance its Xpedite Remit solution, enabling faster cross-border payouts to bank accounts and mobile wallets across over 100 corridors.

Sources

bizrapidx.com · businessnewsthisweek.com · financialit.net · finovate.com · novumpr.nl · onlinemediacafe.com · pulse2.com · pymnts.com · thefinancialanalyst.net · thunes.com · vir.com.vn

This summary has been updated 1 time: see revision history