
Opportunities in the metaverse
In the coming years, the metaverse will infiltrate almost every sector of the economy Each year, approximately $54 billion is spent on virtual goods,...
view Document
Podcast: Financial News - Is Crypto Here to Stay on Wall Street?
Financial News' Trista Kelley speaks to Umar Farooq, head of J.P. Morgan’s Onyx unit that focuses on blockchain and digital assets. They discuss the evolution...
Go to webpage
Five considerations for implementing blockchain projects
View document
Liquidity Management in a Multi-Currency Corridor Network
Cross-border payments are frequently criticized due to issues such as their slow speed, relatively high costs and lack of transparency. Cross-border payments...
View document
Opportunities in the metaverse
In the coming years, the metaverse will infiltrate almost every sector of the economy Each year, approximately $54 billion is spent on virtual goods,...
view Document
An introduction to Confirm & demo
See how Confirm enables users to pre-validating account information prior to funds transfer.
view VideoKaitlin DeWolf
Hello. I'm Kaitlin, and I'm a product manager on the Confirm team. Our application, Confirm, is a global peer-to-peer account validation product. Our participants use the application to verify account information is correct prior to sending payments, during onboarding and operations processes, and just for data hygiene. Confirm sources its data directly from other participants who get paid for validating account information. The application is designed to be used by an API. However, we also offer a user interface, which I'll use to demo the product.
I'll start this demo by acting as an inquiring participant that uses the user interface to validate account information. The first page is the Sent Inquiries grid that shows a user their historical inquiries. This data can also be exported to CSV. Now, I'm going to demonstrate how an inquirer generates an inquiry. We support bulk upload via CSV, but I'll show you the single inquiry flow.
To create an inquiry, you only need an account number, bank identifier, and an accountholder's name. For the purpose of the demo, I will pretend to validate an account at JP Morgan using a SWIFT identifier. We support global payment methods and expand the allowed fields based on market demand.
This next section is where you choose the information you would like to validate. Today, you can validate an account status, ownership, and transaction activity. However, these request fields will expand to include more data elements over time. To validate a name, you must provide an input name. To validate transaction activity, you must provide a time period. Finally, you will select the network participant this inquiry should be sent to.
I will now submit the inquiry. I am now brought back to the Sent Inquiry page we started on. You can see here that my inquiry was sent and is still awaiting a response. In production, the response will automatically come back within seconds because all responding participants are integrated to our system via API.
Now, I'm going to switch my role and act as a responding participant. Again, responders are all API users, and I'm only going to walk through the user interface to demonstrate how a response would work. This is the Received page that shows the inquiries my institution has historically responded to and the inquiries which are still awaiting a response. I'm going to select the inquiry I just sent and generate a response.
On the right panel here, you can see the information provided in the inquiry. A responding participant will use this information to generate a response. First, I'll respond to account status. The options for responding are Open, Incorrect Account Number Format, Closed, Cannot Confirm, and Reject.
Next, I'll respond to account owner name. The options for responding are Full Match, Partial Match, and No Match. I can also optionally provide the correct accountholder name. Finally, I'll respond to transaction activity. The options for responding are Activity, Exception, and No Response.
Activity means the responder has experienced successful transactions with the account. Exception means the responder has experienced issues when trying to transact with the account. And no response means the responder hasn't transacted with the account or cannot provide data on the account. As you can see here, the response I just generated can now be seen on the Inquiries Received grid and can also be seen when I switch to the Sent Inquiries grid. This concludes the overview of Confirm.
Thank you.

Onyx Wins SWIFT Hackathon 2021
View document
Tackling Fraudulent Activity in Cross-Border Payments
View document
Confirm Overview
Accelerate transaction processing globally by pre-validating account information. Confirm is a simple application that aims to make the account information...
view Video
CheckMatch Overview
CheckMatch streamlines check processing, from check originators and print providers to lockbox providers. CheckMatch helps streamline the processing of...
view Video
Introducing Confirm: A secure application to pre-validate customer...
Frustrated with payment processing rejections? Introducing Confirm: A secure application to pre-validate customer account information. Payment processing...
Go to webpage
Confirm Accelerate transactions processing with global account...
View document
Liquidity Management in a Multi-Currency Corridor Network
Cross-border payments are frequently criticized due to issues such as their slow speed, relatively high costs and lack of transparency. Cross-border payments...
view Document
mCBDCs - Unlocking 120 billion value in cross-border payments
Each year, global corporates move nearly $23.5 trillion[1] across countries annually, equivalent to about 25% of global GDP. They predominately rely on the...
View document
JPMorgan’s Onyx Opens Infrastructure To Disrupt Cross-Border Payments
The correspondent banking system remains an opaque and sluggish method of moving money across borders, and alternatives to this strategy have historically been...
Go to webpage
The New World of Web 3.0, Digital Identity and NFTs
Web 3.0 introduces a new outlook on how we interact in the digital world. In this fireside chat, Tyrone Lobban, Head of Blockchain Launch & Onyx Digital...
View video
Podcast: FICC MARKET STRUCTURE: BLOCKCHAIN’S MARKET IMPACT
Kate Finlayson, global head of FICC Market Structure, has a conversation with Scott Lucas, head of Markets DLT, and Tyrone Lobban, head of Blockchain Launch,...
Go To Webpage
J.P. Morgan Executes Intraday Repo Transaction Using Blockchain
Go to webpage
Celestial Payments and Other Advances
Go to webpage
Using Blockchain Technologies to Solve Real-Life Problems
In November 2019, J.P. Morgan hosted the Initiative For Cryptocurrencies & Contracts (IC3) conference in Brooklyn, NY. As an academic consortium, faculty...
view Video
SpaceBridge: Pioneering Payments in Space
Space-based payments may catalyze the space economy. The SpaceBridge prototype demonstrates the feasibility of a future space economy. As our technology...
Go to webpage
Onyx by J.P. Morgan launches blockchain in space
Pressing deeper into the Internet of Things, Onyx by J.P. Morgan executes blockchain transaction between satellites. Onyx by J.P. Morgan has tested the...
Go to webpage
Podcast Episode: Blockchain Technology: Past, Present and Future
With blockchain technology continuously advancing, it’s important to understand how its use cases may be found in today’s business and social landscape. In...
Go to webpage
The New World of Web 3.0, Digital Identity and NFTs
Web 3.0 introduces a new outlook on how we interact in the digital world. In this fireside chat, Tyrone Lobban, Head of Blockchain Launch & Onyx Digital...
View video
Demystify Blockchain: Past, Present, & Future
Tyrone Lobban, Head of Blockchain Launch and Onyx Digital Assets, Onyx by J.P. Morgan and Karl Gouverneur, Chief Technology Officer, Struxtion, discuss...
View Video
Podcast: Financial News - Is Crypto Here to Stay on Wall Street?
Financial News' Trista Kelley speaks to Umar Farooq, head of J.P. Morgan’s Onyx unit that focuses on blockchain and digital assets. They discuss the evolution...
Go to webpage
Five considerations for implementing blockchain projects
View document
The future of banking through blockchain with J.P. Morgan Chase
Go to webpage
Treasury Services Innovation
Emerging technologies, such as blockchain, API, machine learning, are transforming treasury services. In the following video series, J.P. Morgan innovation...
Go to webpage
The Next Step for Blockchain
Cryptocurrencies have attracted widespread market attention, but it’s the underlying blockchain technology that really matters. Over the past year,...
Go to webpage