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JP Morgan acquires Renovite in new cloud payments strategy

09/15/202209/14/2022 Jennifer Goula

The banking giant recently announced the new acquisition and hinted at future plans. JP Morgan hasn’t failed to notice the massive trend toward digital transactions worldwide since the start of the pandemic, and with its new acquisition of Renovite, it’s clear that it is making moves into cloud payments. Digital has become vital to the fast pace of the global financial service sector. Institutions like JP Morgan are being forced to update their transaction infrastructures to keep up the rising volume of digital and cloud payments demands from both individuals…

Apple TV may not feature mobile payment system, according to J.P. Morgan

05/04/2012 Stephen Vagus

Analysts expect iPay system to be absent from Apple TV Technology giant Apple announced late last year development plans for a new project dubbed Apple TV. The project was meant to revolutionize the television industry by introducing new technology that could open up untapped revenue streams. The Apple TV is meant to include NFC technology, which will allow it to accept mobile payments as well as provide owners with access to digital content. Speculation suggests that that Apple has plans to launch a new mobile payment platform called “iPay” alongside…