J.P. Morgan & AccessFintech: Launch Real-Time Payment Statuses for the Buy-Side

  • AccessFintech uses technology to evolve the financial industry operating model Its aim to transform the model to drive control, transparency, efficiency
  • Extended its partnership with J.P. Morgan to include real-time transparency to payment statuses and workflow for dividend
  • The addition of payment statuses compliments J.P. Morgan’s existing solution which provides buy-side clients visibility to real-time trade statuses
  • The post-trade transaction lifecycle is a significant driver of operational inefficiency for buy-side clients, due to insufficient status transparency
  • J.P. Morgan built real- time statuses and workflow for trades and payments, allowing buy-side clients to have proactive visibility to their full suite
  • The offering provides market statuses and enhanced commentary from J.P. Morgan on payments, including action ownership
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...