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.”