JPMorgan Chase will keep tech investment amid a recession

https://bankautomationnews.com/allposts/core-cloud/jpmorgan-chase-will-keep-tech-investment-amid-a-recession/
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JPMorgan Chase will continue investing in technology in the event of a recession as its artificial intelligent (AI) capabilities monitor risk and losses, Chief Executive Jamie Dimon said today during the bank’s second-quarter earnings call.   “We spent $100 million building certain risk and fraud systems so that when we process payments on the consumer […]

https://bankautomationnews.com/allposts/core-cloud/jpmorgan-chase-will-keep-tech-investment-amid-a-recession/