J.P. Morgan joins the Berlin Group

J.P. Morgan continues to build momentum in the Open Banking payments space in Europe by joining the Berlin Group.

Sungmahn Seo, Managing Director and EMEA Head of Payments, commented: “The European payments landscape is undergoing huge structural changes at the moment and we are passionate about helping to foster the development of a more harmonised, innovative and competitive market for payments in the European Union. J.P. Morgan is the correspondent of choice for 3,500+ institutions worldwide and clearer of $3 trillion daily, giving us significant insights to share. We’re looking forward to collaborating with our peers to drive and improve industry standards and support the Group’s objectives.”