Estimated reading time: 0 minutes, 27 seconds

JPMorgan Has Mixed Emotions About China’s FinTech Situation

Jamie Dimon, the CEO of JPMorgan Chase & Co., said he is both “impressed and a little worried” about China’s fintech progress. So reports Bloomberg.

After sending executives overseas, Dimon said his management team is motivated to make adjustments. The travelling executives visited companies employing machine learning for new accounts as well as firms that use smartphone images to quickly pay claims. Dimon noted the importance of technology, while also pointing out JPMorgan has not always adapted to changes as fast as it should.

Read the full article from Bloomberg.

Read 3093 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.