[BUSINESS]■ STORY TIMELINE
JPMORGAN AND CITI BATTLE FOR BLOCKCHAIN PAYMENTS
JPMorgan Chase and Citigroup are extending their decades-long payments rivalry to blockchain and decentralized finance. The banking giants are both developing new payment infrastructure on distributed ledger technology.
Bloomberg Tech+0m
JPMorgan Chase & Co. and Citigroup Inc. have long competed for dominance in global payments, processing trillions of dol…
Bloomberg Tech+30m
JPMorgan Chase & Co.’s global co-head of payments, Umar Farooq, and Citigroup Inc.’s global head of partnerships & innov…