Tag: jp morgan
Super Typhoon Causes Macau’s GGR To Drop 13.2% In September
Last month, September, Macau’s gross gaming income (GGR) fell 13.2% month-after-month to MOP14.94 billion, which is approximately US$1.85 billion, the Gaming Inspection and Coordination Bureau, the Macau’s [more…]
Macau’s GGR For First 24 Days Of September At MOP12 Billion
During the first 24 days of September this year, Macau’s gross gaming income (GGR) was calculated to be roughly MOP12 billion, which is approximately $1.49 billion, with [more…]
JP Morgan Expects Macau’s September 2023 Revenue Decline Due to Natural Calamity
Based on the gross gaming revenue levels reached by Macau’s gambling industry in the first ten days of this month and the heavy weather conditions featuring the [more…]
Tokenized deposits | Naveen Mallela, J.P. Morgan | VOX 57
Naveen Mallela is MD and head of Onyx Global Coin at J.P. Morgan Chase in Singapore. He is at the forefront of redesigning commercial banking to operate [more…]
Seven Biggest Fintech Frauds of Recent Years: Who Got Caught?
It’s been a tough year for the fintech and crypto industry, and it has been under fire for various reasons. Among other pressures, perhaps the single most [more…]
Meet the fintech behind JPM’s new acquirer biz
DigFin recently covered the return of global banks to Asia’s merchant acquirer space, most recently by J.P. Morgan. We positioned this as a determination to retake the [more…]
JP Morgan Alters the Earnings Expectations for 2023 in Macau
JP Morgan, a famous investment bank, has altered its estimated earnings for the first quarter of 2023 for Macau gaming operators. These alterations are a consequence of [more…]
What J.P. Morgan’s acquiring push says about Asia payments
J.P. Morgan has brought its merchant services business to Asia, focused on e-commerce and other businesses that need to accept digital payment methods. Its move is part [more…]
Alibaba becomes Top 10 Global Bank
A few years ago, I wrote about the inexorable rise of Google and Amazon in finance. The conclusion from the piece was “if you prefer fast action and [more…]
Why Finance is becoming Hyperscalable
My thesis has long been that technology would have a huge impact in finance, but that it wouldn’t be a linear process. Let’s summarise where we are [more…]
