JPMorgan Collaborates with US Regulators on Generative AI and Enhances Blockchain for Automatic Cash Movement with JPM Coin

Nov 10, 2023, 09:31 AM

JPMorgan is collaborating with US regulators on generative AI pilot projects and enhancing its existing blockchain technology to allow companies to program accounts for automatic cash movement. The bank's JPM Coin now enables clients to make payments automatically based on preset conditions, potentially covering overdue payments and margin calls.