RBI’s CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says

RBI’s CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says

ByNews Polite

The Reserve Bank of India (RBI) is overseeing the creation and distribution of the eRupee CBDC for retail and wholesale payment purposes. The central bank’s approach towards exploring the inclusion of the eRupee into the existing financial system has been praised by Naveen Mallela, global co-head of Onyx, JPMorgan’s blockchain…

JP Morgan Looking Forward to Testing ‘Immersive Training Applications’ of Metaverse

JP Morgan Looking Forward to Testing ‘Immersive Training Applications’ of Metaverse

ByNews Polite

The world of banking is gearing up to explore the use cases of up-and-coming technologies like Artificial Intelligence (AI) and the metaverse to benefit their present working conditions. JP Morgan, for instance, is excitedly looking to try out immersive training applications for new bank staff members, all through the metaverse…

Jio’s Unlimited 5G Plans Put Airtel on Back Foot in India, Delay Profits: JP Morgan

Jio’s Unlimited 5G Plans Put Airtel on Back Foot in India, Delay Profits: JP Morgan

ByNews Polite

The launch of cheaper postpaid plans with unlimited 5G by Reliance’s Jio has put rival Bharti Airtel on the back foot in the Indian market and may delay recovery in its key profit metric, JP Morgan analysts said on Thursday. Jio, the telecoms unit of Indian conglomerate Reliance Industries, launched…

TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse

TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse

ByNews Polite

Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday. Regional banks in the United States account for 2-3 percent of their revenue, JP Morgan…

JP Morgan Looking Forward to Testing ‘Immersive Training Applications’ of Metaverse

Crypto Will Merge With Traditional Finance as Regulation Increases, Predicts JP Morgan

ByNews Polite

JP Morgan, one of the largest banks in the US, has not shied away from expressing its belief in the crypto sector despite the fluctuations affecting the market. As highlighted in its latest Global Markets Strategy report, JP Morgan is expecting the crypto industry to undergo significant changes with the…