JP Morgan Launches Incubator

“JP Morgan has launched In-Residence, a new programme for fintech start-ups to use its facilities, systems and expertise.

The company says it is inviting start-ups to sit “side by side” with its businesses to develop innovations that could “revolutionise” the sector.

Sanoke Viswanathan, chief administrative officer of JP Morgan’s Corporate & Investment Bank, says this provides “unparalleled access to JP Morgan’s people and network” and it is looking for solutions that offer “practical use for our industry”.

JP Morgan says “emerging” fintech firms that become residents will join the bank for six-month periods.”

Read Full Article at Banking Technology