JP Morgan acquires Renovite in new cloud payments strategy

Cloud payments - cloud - mobile

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…

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