November 12, 2008
J.P. Morgan Helps States Distribute Nearly $250 Million in Disaster Relief
Bank Takes Leadership Role in Helping Public Sector Respond to Major Emergencies
November 12, 2008
Best Practices in Emergency Financial Management Offered to Public Sector
Majority of Government Financial Managers Lack Emergency Preparedness Plan, According to Council for Excellence in Government, J.P. Morgan and Visa
November 11, 2008
J.P. Morgan Enhances its Domestic Cash Management & Trade Services in India
J.P Morgan today announced the enhancement of its cash management and trade finance solutions in India. J.P. Morgan’s Treasury Services division provides cash management, trade finance, and foreign currency clearing account services to some of the largest India-based firms within the financial services, manufacturing, IT, infrastructure, chemicals, aviation and retail industries.
November 7, 2008
Turbulent Markets Lure Banks Back to Traditional Financing
J.P. Morgan's Treasury Services business, the largest issuer of letters of credit in the US, today announced it has seen a resurgence in the use of letters of credit to facilitate the financing of international trade.
November 4, 2008
J.P. Morgan Announces Successful Pilot of SWIFT Alliance Lite
J.P. Morgan’s Treasury Services business has successfully completed a pilot of SWIFT Alliance Lite, SWIFT’s new internet-based interface to enable SWIFT customers to make payments without a heavy technology investment.
October 20, 2008
J.P. Morgan's Order-to-Pay Service Helps Clients Cut Costs and Free Up Cash During Financial Crisis
Based upon transaction data derived from the J.P. Morgan Business Settlement Network (JBSN) through September 2008, many of J.P. Morgan's Order-to-Pay clients are realizing unprecedented savings by taking advantage of early payment discounts, and most have improved working capital by extending Days Payable Outstanding (DPO).
September 18, 2008
J.P. Morgan Opens New International Image Deposit Centers in Bahrain, Jakarta and Pakistan
The new centers enable J.P. Morgan to provide its financial institution clients with the ability to clear their U.S. dollar cash letters in more locations, reducing check transportation costs and risks, all without changing their cash letter operations.
September 17, 2008
J.P. Morgan Introduces Asia Offshore Clearing Services
J.P. Morgan today introduced its Asia offshore clearing capability designed to expedite the time it takes to process payments from initiation to settlement.
September 16, 2008
J.P. Morgan Treasury Services Unveils Global Expansion and Investment Plan
With an investment of more than $1 billion, J.P. Morgan is enhancing its cash management and treasury liquidity capabilities, expanding its global footprint and reinvesting in its technology solutions.
September 9, 2008
Corporation Bank and J.P. Morgan to Introduce Visa US$ Prepaid Travel Cards in India
Corporation Bank and J.P. Morgan announced today a collaboration whereby Corporation Bank would offer Visa US$ prepaid travel cards to its customers.
September 8, 2008
YES Bank and J.P. Morgan to Introduce Visa US$ Prepaid Travel Cards in India
YES Bank and J.P. Morgan announced today a collaboration whereby YES Bank would offer Visa US$ prepaid travel cards to its customers.
August 27, 2008
J.P. Morgan Prepaid Debit Cards Help Brooklyn, Chicago Buy Back 7,500 Guns
Brooklyn and Chicago recently used J.P. Morgan prepaid debit cards in successful campaigns to take firearms off the streets. The gun buy back programs were sponsored by local law enforcement officials who offered citizens prepaid debit cards for working guns, no questions asked. More than 7,500 firearms were collected at community churches and other turn-in sites in the two cities.
August 26, 2008
J.P. Morgan and IFC Join Forces to Boost Trade Finance in Asia and the Pacific
J.P. Morgan and IFC announced that they have jointly launched an innovative trade finance structure in Asia and the Pacific to help facilitate and boost trade activities in the region.
August 21, 2008
State Of Arizona Renews J.P. Morgan Contract For Paperless Distribution Of Benefit Payments
J.P. Morgan announced today that it has renewed its contract with the State of Arizona for the distribution of benefit payments to the more than 250,000 households currently participating in programs like food stamps and cash assistance. Utilizing J.P. Morgan’s electronic banking transfer services (EBT), program participants are able to access their benefits through convenient, easy-to-use debit cards.
August 13, 2008
J.P. Morgan is First Major Bank to Offer Workers Compensation Debit Card
J.P. Morgan today announced that it is the first major financial institution to enable insurance companies to use prepaid debit cards to deliver workers compensation benefits to injured or disabled workers.
July 14, 2008
DataMatrix Promotions Adds Chase Rebate Cards to Comprehensive Rebate Management Solution
DataMatrix Promotions, a leading marketing fulfillment company, has enhanced its rebate management capabilities by offering Chase Rebate Cards as part of its suite of efficient payment methods.
July 8, 2008
State of Alaska Renews J.P. Morgan Contract for Paperless Distribution of Benefit Payments
J.P. Morgan announced today that it has renewed its contract with the State of Alaska for the distribution of benefit payments to the more than 23,000 households currently receiving funds for food and cash assistance. Utilizing JPMorgan’s electronic services, the state will continue to supply families with convenient, easy-to-use debit cards to access their funds.
July 2, 2008
JPMorgan Named a Leader in Electronic Invoice Presentment and Payment Solutions
According to the June 2008 report The Forrester Wave™: AP-EIPP, Q2 2008, JPMorgan was named a leader in the market for solutions that streamline the invoice-to-pay process for its Order-to-Pay service.
July 1, 2008
JPMorgan Treasury Services Opens Operations Centre in Bydgoszcz, Poland
JPMorgan Treasury Services today announced that its Global Trade Services business has opened an operations centre in Bydgoszcz, Poland in order to service existing and new clients in Europe, the Middle East and Africa (EMEA).
June 27, 2008
State of Colorado Renews JPMorgan Contract for Paperless Distribution of Benefit Payments
JPMorgan announced today that it has renewed its contract with the State of Colorado for the distribution of benefit payments to the more than 127,000 households currently receiving funds for food assistance, child support and other state-funded programs. Utilizing JPMorgan's electronic services, the state will continue to supply families with convenient, easy-to-use debit cards to access their funds.
June 25, 2008
Eduardo Vergara Joins JPMorgan’s Treasury Services as Global Commercial Card Executive
Eduardo Vergara has joined JPMorgan Treasury Services as Global Commercial Card Executive, responsible for the day-to-day management of JPMorgan’s global commercial card business and for setting and implementing the global strategic direction for JPMorgan’s commercial card products.
June 20, 2008
Washington, D.C. Summer Youth Program Participants Receive Wages on JPMorgan Payroll Debit Cards
Young participants in Washington, D.C.'s summer jobs program will now receive their wages on JPMorgan-issued Visa® payroll debit cards.
June 16, 2008
ADB, JPMorgan Enter Risk Mitigation Pact to Facilitate Trade in Developing Asia
JPMorgan and the Asian Development Bank (ADB)
announced today they have entered a risk-sharing agreement that will enhance support for
international trade in developing countries in Asia.
June 12, 2008
Remo Vignali Joins JPMorgan's Treasury Services as Managing Director, Head of Sales - Local Corporate Asia Pacific
Remo Vignali, an executive with over 20 years of experience in the banking industry, has recently joined JPMorgan Treasury Services as Managing Director, Head of Sales for the local Corporate in Asia Pacific. Vignali will be based in Hong Kong.
June 10, 2008
Environmental Protection Agency Renew JPMorgan Contract for Charge Card Program
JPMorgan Chase announced today that it has renewed its contract with the U.S. Environmental Protection Agency (EPA) for purchase, travel and fleet charge card services.
May 20, 2008
Purchasing Card Auditing and Compliance Remains Top Concern, According to New JPMorgan Report
Leading Organizations Share Best Practices Addressing Out-of-Policy Spending, Fraud Detection and Card Misuse; Top Ten Tips Offered by Chevron, ConocoPhillips, International Paper, Monsanto, Sears Holdings Corporation, ServiceMaster, Starbucks
May 19, 2008
JPMorgan Successfully Pilots Image Cash Letter with ACH Solution
Using JPMorgan's electronic processing capabilities, the Tarrant County Tax Office significantly improved its collection results while delivering improved service to tax payers.
May 19, 2008
JPMorgan Ranked First in ACH Originations for 2007
JPMorgan marks 33 years as the leader in ACH transactions with a record 4 billion payments.
May 15, 2008
JPMorgan Named Best Cash Management House in Japan
JPMorgan Treasury Services Asia Pacific has been named Best Cash Management House in Japan for 2007/2008 by FinanceAsia.
May 13, 2008
Every Day Can be Pay Day for Nursefinders Employees Using Chase Payroll Card
Leading Healthcare Staffing Agency Provides Employees With Faster Access to Salary Payments; Improves Recruiting and Cuts Payroll Costs
May 8, 2008
U.S. Department of Commerce Selects JPMorgan for Charge Card Program
The U.S. Department of the Commerce (DOC) has selected JPMorgan as its provider for charge card services, the firm announced today. The task order award is part of the U.S. General Services Administration’s (GSA) SmartPay® 2 program, the largest government charge card program in the world.
April 24, 2008
JPMorgan and Trax Technologies Offer Supply Chain Financing to Freight Carriers and Shippers
JPMorgan and global transportation management company Trax Technologies, Inc. today announced that they have formed an alliance to jointly offer a suite of logistics and financial services that includes supply chain financing solutions for Trax's highly integrated customer base of freight carriers and shippers. With financing provided in addition to outsourced freight services that automate and manage a carrier's billing process, the combined Trax offering enables carriers and their customers to further optimize their working capital and cash flow.
April 22, 2008
JPMorgan Commits $30 Million to Implement
Central Platform for Global Services
JPMorgan, a full-service provider of cash management, trade finance, and treasury solutions, today announced that it will make a $30 million technology investment to implement a centralized operating platform supporting expansion of the bank's global treasury management and liquidity services businesses.
March 26, 2008
JPMorgan and KBank Announce Collaboration to Grow Their Trade Businesses
JPMorgan announced today an agreement with Thailand's Kasikorn Bank ("KBank") to enter into joint collaboration to offer trade finance, supply chain management tools and its intention to provide supply chain logistics capabilities to enable clients to expand their business by leveraging KBank and JPMorgan's network.
March 24, 2008
NASA Selects JPMorgan Chase for Charge Card Program
The National Aeronautics and Space Administration (NASA) has selected JPMorgan Chase as its provider for purchase, travel and fleet charge card services, the firm announced today. The contract award is part of the U.S. General Services Administration’s (GSA) SmartPay®2 program, the largest government charge card program in the world.
March 19, 2008
JPMorgan Wins Four Banking Industry Awards
JPMorgan received four awards of excellence at The Asian Banker’s Leadership Achievement Awards ceremony, which was held in conjunction with The Asian Banker Summit in Hanoi.
March 13, 2008
JPMorgan and Kelly Services Win Best Payroll Card Program Award
JPMorgan and customer Kelly Services, a world leader in human resources solutions, received the Best Payroll Card Program Award at the second annual Prepaid Card Expo in Las Vegas.
March 4, 2008
JPMorgan Launches New Corporate Platinum and Gold Travel and Entertainment Cards
JPMorgan today announced its new Corporate Platinum and Gold Card offering, the world's most widely accepted travel and entertainment cards designed to enable business executives to maximize their productivity when traveling.
March 4, 2008
JPMorgan's New Freight Payment and Audit Solution Brings Greater Control, Visibility and Cost Savings to Global Transport Operations
JPMorgan today announced its new Freight Payment and Audit Solution, an electronic payment and transportation management service that helps importers and exporters achieve lower freight costs, greater control of global transport operations, and more actionable insight into supply chain sourcing and shipping decisions.
March 4, 2008
J.P. Morgan First Bank to Offer Enterprise Document Management Solution with DocManager SolutionsSM Enhancement
J.P. Morgan has enhanced its DocManager Solutions hosted suite of services with the addition of Document ManageSM, a tool that enables DocManager Solutions users to archive, retrieve and route any paper document through a secure, Internet-based network. With this enhancement, JPMorgan becomes the first bank to provide a true end-to-end enterprise document management solution.
February 21, 2008
JPMorgan to Introduce Cash Management Services to Robinsons Land Corporation
JPMorgan announced that it will help strengthen cash management processes for Robinsons Land Corporation ("RLC"), one of the largest property developers in the Philippines. The initial roll-out covers the opening of operating accounts with JPMorgan New York and JPMorgan Toronto, Automated Clearing House Services as well as Lockbox Services in the US and Canada.
February 6, 2008
U.S. Department of Transportation Selects JPMorgan Chase for Travel Charge Card Program
The U.S. Department of Transportation (DOT) has selected JPMorgan Chase as its provider for travel charge card services, the firm announced today. The contract award is part of the U.S. General Services Administration's (GSA) SmartPay®2 program, the largest government charge card program in the world.
February 6, 2008
U.S. Department of the Interior Selects JPMorgan Chase for Charge Card Program
The U.S. Department of the Interior (DOI) has selected JPMorgan Chase as its provider for integrated charge card services, the firm announced today. The contract award is part of the U.S. General Services Administration's (GSA) SmartPay®2 program, the largest government charge card program in the world.
January 17, 2008
JPMorgan Becomes First Bank to Offer Invoice Matching
JPMorgan announced that it has enhanced its Web-based accounts receivable management application, Receivables EdgeSM, automatically matching open invoice records to bank captured payments and remittance detail, including checks, ACH and wire transfers. JPMorgan becomes the first bank to offer a fully integrated online Web presentment solution featuring invoice matching with same-day exception repair.
December 18, 2007
JPMorgan Finances Ukraine Telecom Equipment Deal
JPMorgan Treasury Services today announced it has provided medium-term export financing in support of a sale by Nortel, the Canadian telecommunications equipment manufacturer, to CJSC Telesystems of Ukraine.
November 8, 2007
JPMorgan Adds Bench Strength To Executive Management Team
JPMorgan Treasury and Securities Services (TSS) affirmed its leadership position in the wholesale banking community by announcing an enhanced executive management team on Monday.
October 29, 2007
JPMorgan Xign Launches Procure-To-Pay
JPMorgan Xign announced its new Procure-to-Pay service, a complete global solution for financial supply chain management.
October 29, 2007
JPMorgan Xign Helps Customers Streamline Financial Settlement Operations
JPMorgan Xign announced that four new customers will be using its Order-to-Pay solution. Key Energy Services, Qwest Communications, Tiffany & Co. and Verizon Communications are among the companies that have signed on since JPMorgan Chase's acquisition of Xign Corporation in May, 2007.
October 17, 2007
JPMorgan Chase and GE Commercial Finance Offer Global Accounts Receivable Purchasing Program
JPMorgan Chase and GE Commercial Finance announced that they have formed an alliance to offer global accounts receivable purchasing solutions to JPMorgan Chase’s trade finance customers based in United States, Canada, Mexico and Latin America.
October 1, 2007
JPMorgan Treasury Services Announces Launch of Enriched Euro Payment Services to Coincide with its TARGET2 Readiness
JPMorgan Treasury Services, the second largest euro clearer*, today announced the next phase of its Euro Payments Strategy. To complement the migration to TARGET2, which will launch industry-wide next month, JPMorgan is now introducing a new range of product features for its clients.
September 24, 2007
JPMorgan Chase Launches Electronic, Card-Based Settlement Solution for Accounts Payable
JPMorgan Chase has launched AP Trac, an electronic, card-based settlement solution designed to replace paper checks for accounts payable spend. With AP Trac, accounts payable organizations can settle approved invoices over a secure commercial card network much like straight-through Automated Clearing House (ACH) processing, without supplier intervention.
August 21, 2007
OCBC Bank Awards Trade Processing Business to JPMorgan
Hong Kong, 21 August 2007 - JPMorgan Treasury Services announced that it has been selected by OCBC Bank as its trade processing partner.
July 25, 2007
JPMorgan Opens New Image Deposit Center in Tokyo
JPMorgan, a leading global full-service provider of cash management, trade finance, and treasury solutions, today announced the opening of its International Image Deposit Center ("IDC") in Tokyo, Japan.
July 23, 2007
Leading Companies Share Best Practices on Controlling and Cutting Travel Costs in New JPMorgan Chase Report
Travel and entertainment (T&E) is the second-largest business expense in most organizations - and costs continue to grow. JPMorgan Chase surveyed dozens of its corporate customers to gather some of the industry's Best Practices for leveraging travel and entertainment (T&E) card programs.
June 21, 2007
JPMorgan Chase and McKesson Form Strategic Relationship To Transform and Simplify Healthcare Claim and Payment Processing
The Healthcare Solutions business of JPMorgan Chase (NYSE: JPM) and RelayHealth, the connectivity services company of McKesson Corporation (NYSE: MCK), announced that they have formed a strategic relationship to offer an integrated set of claim and payment processing solutions.
June 13, 2007
GSA Awards JPMorgan Chase A SmartPay® 2 Charge Card Contract
The U.S. General Services Administration has named JPMorgan Chase winner of a GSA SmartPay® 2 charge card service contract, certifying that the company can offer its charge card services to any U.S. federal entity.
June 11, 2007
Texas Workforce Commission Selects JPMorgan Chase for Unemployment Debit Card
The Texas Workforce Commission (TWC) has selected JPMorgan Chase to provide debit cards for unemployment insurance benefits, replacing traditional paper checks.
May 17, 2007
JPMorgan Chase Closes Acquisition of Xign
JPMorgan Chase Bank, N.A. (NYSE: JPM) today announced the closing of its acquisition of Xign Corporation, a leading provider of business-to-business on-demand financial settlement solutions. The business will be known as JPMorgan Xign Corporation.
April 26, 2007
JPMorgan and BNP Paribas Announce Completion of the First Live Interbank SWIFTNET Trade Services Utility
JPMorgan and BNP Paribas today announced that they have processed the first live interbank end-to-end transaction through the now-commercially available SWIFTNet Trade Services Utility (TSU).
April 24, 2007
JPMorgan Chase Receives EHNAC Accreditation
JPMorgan Chase today announced it is the first financial services company to receive accreditation by the Electronic Healthcare Network Accreditation Commission (EHNAC) for its Healthcare Link business, reinforcing its position as a premier provider of automated claims payment processing solutions to the healthcare industry.
April 18, 2007
JPMorgan Chase to Acquire Xign Corporation
JPMorgan Chase signed an agreement today to acquire Xign, a leading provider of on-demand financial settlement solutions.
April 16, 2007
JPMorgan Chase Ranked First in ACH Originations For 2006
JPMorgan Chase, a full-service provider of cash management, trade finance, and treasury solutions, today announced it has been ranked as the number-one financial institution in total automated clearing house (ACH) network transactions originated for 2006 by NACHA - The Electronic Payments Association.
April 4, 2007
University Procurement and Supply Chain Officers Share Purchasing Best Practices In New JPMorgan Chase Report
JPMorgan Chase today issued a report titled Purchasing Card Best Practices for University Procurement in which some of the nation's leading educational institutions share cost- and time-saving steps that they have taken to strengthen their procure-to-pay processes.
March 26, 2007
JPMorgan Chase Wins 8 Deal Of The Year Awards
JPMorgan Chase Treasury Services Global Trade Services unit today announced that it has won a total of eight award citations for structured finance solutions arranged in 2006 for the Aban Group, an Indian offshore oil and gas drilling comp
