Thunes Enhances J.P. Morgan Payments' Xpedite Remit Solution to Accelerate Global Transfers
J.P. Morgan Payments has partnered with Thunes to expand its cross-border payment capabilities through the enhanced Xpedite Remit solution, enabling faster transfers to bank accounts and mobile wallets across more than 100 corridors globally. The integration leverages J.P. Morgan's real-time local payment network connectivity alongside Thunes' Direct Global Network, addressing growing demand for fast, reliable international payments. The new features offer capital protection, end-to-end traceability, same-day or transparent currency conversion transfers to a broader range of markets worldwide. This collaboration allows clients access to 12 billion mobile wallets and bank accounts across over 100 corridors via real-time payment networks available 24/7 from one account. JPMorganChase's Consumer and Community Bank will also benefit, enabling faster international transfers for Chase customers serving around 94 million individuals and small businesses.
Tickers: $JPM
Topics: cross-border_payments partnership technology_integration