JP Morgan Plans to Use E-Wallet to Circumvent Payment Competitors, Possibly Cryptocurrency …

J.P. Morgan Plans to Use E-Wallet to Circumvent Payment Competitors, Possibly Cryptocurrency Testing Grounds

J.P. Morgan has reportedly been working on an “e-wallet” to help companies handle payments better and become more like banks. J.P. Morgan’s strategy is that helping companies like Airbnb, Lyft, and Amazon.com give customers virtual bank accounts and “offer perks such as car loans or discounts on home rentals to those who keep money stashed …