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The MACH Alliance is a not-for-profit industry body that helps raise thought leadership and educate companies on the role of composable technology in many industries including financial services. The goal? Deliver more innovative digital experiences to clients and end users.

Composable technology aims to promote the creation of systems and software that’s modular and easy to integrate with other kinds of technology. MACH stands for Microservices-based, API-first, Cloud-native SaaS and Headless.

J.P. Morgan joined the MACH Alliance as a Supporter member, a category for leading organizations to share unique thought leadership and innovations within composability, and actively contribute across the MACH Alliance activities, conferences, and the wider member community.

MACH principles help guide our investment in innovation

The financial industry continually adapts to technological and market disruptions, modernizing the banking experience to meet the needs of digital-first consumers. According to the MACH Global Research 2024 report, three quarters of global IT decision makers feel it is more urgent to innovate in 2024 than in the past five years, and 87% of IT leaders in the financial services sector have increased their investment in MACH in the last 12 months.

J.P. Morgan Payments is at the forefront of this innovation, processing nearly $10 trillion in payments daily across 160 countries and 120 currencies1, and spending the last several years modernizing our tech stack around MACH principles.

As we enhance our commerce capabilities for online payments, in-store and omnichannel payments, fraud protection services and more, our technological approach demonstrates a commitment to MACH principles by:

  • Deploying API-first connectivity for automated business processes
  • Building a cloud-native architecture for more security
  • Leveraging component-based microservices to speed up implementation of commerce capabilities
  • Driving a digitally enabled experience to simplify back-office functions

“One of the more innovative companies in financial services, we are thrilled to have J.P. Morgan join the MACH Alliance to share its knowledge and advocate for more modern digital experiences,” said Casper Rasmussen, president of the MACH Alliance and group SVP of technology at Valtech, an experience innovation company. “The rate of adoption of MACH in the U.S. and globally is rising. The firm is well positioned to support the adoption of composability, for i.e. retailers that need to turn digital technology from an impediment to an enabler.”

Kate Walton, Chief Commercial Officer, Merchant Payments at J.P. Morgan Payments adds, “We continue to deliver new solutions and enhance our capabilities as we build a modern payments business globally. We have a rich network of relationships with organizations across the commerce technology ecosystem, including partners, clients and service providers. The movement toward MACH is an exciting transformation and we look forward to helping our clients accelerate innovation to better deliver more seamless and secure experiences for their end customers in a rapidly evolving landscape.”

More about the MACH Alliance

The MACH Alliance is a [501(c)(6)] non-profit organization, governed by an independent board and does not endorse specific vendors, members or otherwise. The Alliance was formed in June 2020 to help enterprise organizations navigate the complex modern technology landscape. It aims to guide and show the business advantage of open tech ecosystems that are Microservices based, API-first, Cloud-native SaaS and Headless.

Read more about MACH certification.



J.P. Morgan Internal Data, 2024