JPMorgan poised for UK digital triumph

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What to read today: The Co-Brand Credit Card Report: Co-brand card issuers and brand partners have an opportunity to reimagine their offerings in the pandemic's wake. Leaning on newfound digitization and shifting spending habits can help providers tailor their offerings in ways that widen their net, grow volume, and appeal to the maximum number of customers..
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September 25, 2021
Insider Intelligence
JPMorgan Chase's digital bank launch has a good shot at UK success
JPMorgan Chase will roll out its first retail banking presence outside of the US with its UK digital bank this week. The banking giant's new offering was unveiled in January and will carry the Chase consumer brand.

Chase will start out with only current accounts—akin to US checking accounts—that include a rewards program, Sanoke Viswanathan, who is the bank's head of its new international consumer division, said. Planned future products include mortgages, investment, and personal lending, he noted.

The move will make a splash into an already crowded market. Chase's competitors are numerous, and include players in different banking categories.

Insider Intelligence's Tom Auchterlonie has the full story.
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RESEARCH IN FOCUS
The Co-Brand Credit Card Report
Co-brand card issuers and brand partners have an opportunity to reimagine their offerings in the pandemic's wake. Leaning on newfound digitization and shifting spending habits can help providers tailor their offerings in ways that widen their net, grow volume, and appeal to the maximum number of customers.
Get the full report →
The Banking Digital Trust Report 2021
Over the past year, banks built up a consumer trust advantage over competitors such as neobanks and tech companies, per exclusive Insider Intelligence survey data. But as the world turns to a new normal, they'll have to work to defend the high ground they've won.
Get the full report →
How High-Net-Worth Individuals Invest
With $68 trillion in assets set to transfer to younger generations over the next 30 years, wealth managers who target high-net-worth individuals (HNWIs) must adapt by using digital solutions to enhance their existing white-glove services—not replace them.
Get the full report →
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