JPMorgan Incorporates Programmable Payments Service to JPM Coin

By: Eva Baxter

The eminent financial institution, JPMorgan, has implemented a revolutionary feature to their established JPM Coin. This upgrade allows for automated fund transfers and has already found practical use by distinguished companies such as Siemens AG. The earlier method of requiring clients to manually set up standing orders for scheduled payments has been superseded. The evolved system now allows for these payments to be programmed in terms of predefined criteria, thereby triggering the transfer process when these conditions are met.