“J.P. Morgan Payments delivered its sixth consecutive record quarter, our best quarter on record fueled by double-digit fee and deposit growth. We advanced our capabilities across trade and working capital, digital payments and AI, expanded Kinexys into new currencies and deepened relationships with clients globally. This is a reflection of the scale and stability of our business and the trust clients place in us to move money, information and assets reliably in a fast-evolving payments landscape,” said Max Neukirchen, Global Co-Head of J.P. Morgan Payments.

Beyond the headline numbers, the business continues to build on its momentum across product news, client wins and awards. Recent highlights include:

• Launched the Working Capital Accelerator, a digital platform giving clients unified, real-time visibility into their working capital position.
• Added five new APAC currencies to the Kinexys Blockchain Deposit Account network, now offering the most extensive currency offering for blockchain-based settlement and onchain FX in the world.
• Deployed first-of-its-kind AI and robotics to modernize lockbox operations, automating check and remittance processing across roughly 480 million documents each year.
• Expanded its Electronic Bill of Exchange offering to the U.S. market, aligned with New York’s adoption of UCC Article 12.
• Enabled Banco de Crédito del Perú to become the first bank in Latin America to go live on the Kinexys platform, enabling near real-time, 24/7 cross-border payments.
• Powered real-time FX for cross-border UPI transactions with NPCI in India.

In addition, we highlighted a few of our solutions benefiting our clients, including embedded payments for BILL Holdings, Kinexys Blockchain Deposit Accounts for Arab Bank’s MENA ecosystem, and a virtual netting solution for Wizz Air.

The Payments business also continues to earn industry recognition, including recent wins at the 2026 Adam Smith Awards, Celent Model Bank Awards, 2026 Tearsheet Bankchain Awards and PayTech Awards, as well as placing on the Fortune Crypto 100.

“These are extraordinary accomplishments. In a complex and rapidly changing global marketplace, we help clients move money with confidence, delivering the reliability, scale and expertise they need to navigate disruption, volatility and evolving market conditions. At the same time, we are strengthening protections for our clients by staying ahead of increasingly sophisticated fraud threats, combining strong controls, intelligent monitoring and disciplined execution to help keep their businesses safe and resilient,” said Umar Farooq, Global Co-Head of J.P. Morgan Payments.

For details about the firm’s Q2 2026 financial results, view the press release here.