J.P. Morgan Partners With Thunes to Enhance Global Payment Solutions
J.P. Morgan has partnered with fintech firm Thunes to streamline its global payments through the XPedite Remit solutions suite. This collaboration aims to provide clients access to over 12 billion bank accounts and mobile wallets across more than 100 payment corridors via Thunes' network, enhancing cross-border transaction efficiency. The partnership was highlighted during a New York Stock Exchange (NYSE) update on September 28, where Thunes CEO Peter De Caluwe discussed the initiative. The move reflects growing demand for faster and broader digital financial services in global commerce. Adobe also released insights predicting record online holiday shopping figures, with Cyber Monday expected to exceed $15 billion. Meanwhile, oil prices rose due to geopolitical tensions in the Middle East following President Trump's rejection of Iran’s peace proposal.
Topics: global commerce holiday shopping forecast NYSE oil prices