According to JPMorgan Chase CEO and chairman Jamie Dimon, fintech is one of the “enormous competitive threats” to banks. In his annual shareholder letter that was released on Wednesday, Dimon writes, “Banks … are facing extensive competition from Silicon Valley, both in the form of fintechs and Big Tech companies,” like Amazon, Apple, Facebook, Google … Continue reading “JPMorgan’s Jamie Dimon Says Fintechs Like PayPal are an Enormous Threat to Our Banks”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
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