JPMorgan Chase turns to fintechs to accelerate B2B innovation
Open banking has enabled giants like JPMorgan Chase to partner with fintechs to accelerate B2B innovation. Through these partnerships, the bank is able to streamline the payment process for business customers while bringing the treasury management relationship full circle. Improving the B2B payments business has become a priority for JPMorgan Chase, and it should be on everyone’s technology roadmap.
Steve Robert, co-founder and CEO of Autobooks, believes businesses need to find a user-friendly, integrated way to accept multiple forms of payments, including ACH, credit, debit, check and lockbox within their financial institution’s digital channels as stated in his previous PaymentsSource byline. Having these capabilities within the digital channel these businesses use and know can also drive adoption and engagement. Read more in John Adam’s PaymentsSource article.