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U.K. banks join American ones in banning buying bitcoins with credit cards

That Visa or MasterCard credit card is now useless if you’re going to buy cryptocurrencies, reports Reuters. On Sunday the U.K.’s biggest lender, Lloyds Bank, said it would join U.S. banks, including JP Morgan Chase and Citigroup, in banning the purchase of bitcoins with credit cards. Show More Summary

The Amazon, Berkshire and JP Morgan Chase Health Care Company Might Be the Perfect Industry Disruption

Next on Amazon's list of industries to disrupt: health care. The ecommerce giant announced a new venture with Warren Buffet's Berkshire Hathaway and JPMorgan Chase to figure out a new health-care solution for their employees. The new company will focus on the effort and be "free from profit-making incentives and constraints." Several health-care and retail...

Can Amazon and Friends Handle Health Care? There’s Reason for Doubt

Experts suggest we should temper expectations about the venture, which also involves JP Morgan Chase and Berkshire Hathaway.

JP Morgan To Increase Wages, Invest $20 Billion in US Economy in Wake of Tax Cuts;Disney Handing Out $1000 Bonuses to 125,000 Employees

They'll even be increasing the wages of the most vulnerable members of our economy -- RUSSIAN BOTS!!! JPMorgan Chase will increase wages for its lowest-paid workers and reverse its recent trend of branch closures, it announced on Tuesday, after promising...

JP Morgan rolls out $20 billion investment plan

JPMorgan Chase unveiled a $20 billion investment plan to expand its business as it takes advantage of tax cuts and deregulation. Aleksandra Michalska reports. Video provided by Reuters        

Disney Awards $1,000 Bonuses To 125,000 Employees

Just hours after JP Morgan Chase & Co. said it would invest $20 billion in an expansion plan while also raising wages for 22,000 employees, Disney has become the latest company to announce a tax-cut fueled spending initiative.  The company...Show More Summary

JPM Raises Pay, Announces $20 Billion Tax-Cut-Fueled Expansion Plan

JP Morgan Chase & Co. is joining Apple, Bank of America, Wal-Mart, Comcast and a plethora of other US corporate behemoths in rewarding the Trump administration for its success on tax reform with the jobs and bonuses that it covets. On...Show More Summary

Bitcoin Backpedal: JP Morgan Chase CEO Jamie Dimon Regrets Calling Cryptocurrency a Fraud

Dimon tells Fox Business he has changed his opinion about the world's most popular cryptocurrency.

Samsung, Honda sign up for IBM's quantum computing - CNET

2 months agoTechnology / Internet : Webware

Some big brands are exploring Big Blue's radically different computer technology. Also on board: JP Morgan Chase, Honda and Barclays.

"This Is Unprecedented": JPMorgan Slams "Stunning" $8 Billion Damage Verdict Against It

Here’s a live transmission from the Texas courtroom where JP Morgan Chase & Co’s lawyers are asking a judge to throw out one of the largest punitive judgments in legal history... ...Instead, the bank's lawyers say the $8 billion judgment...Show More Summary

JP Morgan Chase upgrades its Quorum blockchain with increased security from Zerocoin

The Zerocoin Electric Coin Company and J.P. Morgan Chase & Co. today announced the initial release of a zero-knowledge security layer for J.P. Morgan’s enterprise blockchain and smart contract platform Quorum. Quorum is a distributed ledger technology, or blockchain, developed by J.P. Show More Summary

JP Morgan Chase announces new blockchain-based platform for cross-border transactions

JP Morgan Chase & Co. today followed in the footsteps of IBM Corp. in announcing a new Ethereum blockchain-based payments platform designed to facilitate cross-border financial transactions by banks. Called the Interbank InformationShow More Summary

The One Way Governments Could Actually Kill Bitcoin...

Authored by Simon Black via SovereignMan.com, Something pretty miraculous happened recently. It appears that Jamie Dimon, CEO of JP Morgan Chase, went nearly TWO WEEKS without bashing Bitcoin. This must be a record for Mr. Dimon, who...Show More Summary

Eidoo’s unique app seeks to solve every issue In the crypto-wallet world

Jamie Dimon, head man at JP Morgan Chase, has a love/hate relationship with Bitcoin. Dimon’s vitriolic comments regarding Bitcoin went viral last month, as he called the cryptocurrency a ‘fraud’ and threatened to fire anyone caught trading it. Show More Summary

Bill.com secures $100 million to digitize business payments

4 months agoTechnology : Venture Beat

Bill.com, a cloud-based payments platform for U.S. businesses, announced today that it has raised an additional $100 million to digitize payments. JP Morgan Chase and Temasek co-led the round, with participation from returning investors August Capital, Scale Ventures, Napier Park, DCM, Icon Ventures, and Emergence Capital. Show More Summary

JP Morgan & Chase's Bitcoin Controversy

5 months agoTechnology : Fromdev

"If we have a trader that trades bitcoin, I would fire them in two seconds", claimed CE of JP Morgan Chase & Co, Jamie Dimon, who also called the cryptocurrency a "fraud". Despite these extreme comments, Morgan Chase's relationship with...Show More Summary

JPMorgan Chase's latest investment looks to help businesses get paid (JPM)

JP Morgan Chase has made an investment in Bill.com, according to Finextra. The bank hopes to leverage Bill.com's tech to make it both easier and faster for its business clients to make and receive payments. The terms of the deal have...Show More Summary

"Markets Have Always Been Wrong" - Jamie Dimon Warns QE's End Will Cause Volatility To Spike

JP Morgan Chase & Co. CEO Jamie Dimon’s declaration that he would fire any JPM traders whom he knew were trading bitcoin unexpectedly ranked among the most popular stories on several respected financial media websites – despite stiff...Show More Summary

Four years later, we learn why Jamie Dimon's JP Morgan Chase settled US fraud allegations for $13B

6 months agoHumor / odd : Boing Boing

In 2013, DOJ lawyers showed JP Morgan Chase CEO Jamie Dimon a draft of a 92-page complaint against his bank. Dimon coughed up $13B to settle the case, and the complaint was sealed, leaving us all to wonder exactly what kind of red-handed fraud convinced Dimon to part with what was then the largest financial misconduct settlement in US history. (more…)

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