JP Morgan Taps Cleareye.ai To Resolve Trade Finance Challenges
Portfolio Pulse from Anusuya Lahiri
JP Morgan Chase & Co has formed a strategic alliance with Cleareye.ai to leverage its ClearTrade digital solution for addressing Trade Finance challenges. The partnership aims to help banks adapt to the digital transformation in Trade Finance. JP Morgan is also developing a ChatGPT-like software service for selecting customer investments.
June 20, 2023 | 12:38 pm
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JP Morgan partners with Cleareye.ai to use ClearTrade digital solution for Trade Finance challenges and is developing a ChatGPT-like software service for customer investments.
The partnership with Cleareye.ai and the development of a ChatGPT-like software service show JP Morgan's commitment to digital transformation and innovation in the banking sector. This could potentially lead to increased efficiency and better customer experiences, which may positively impact JPM's stock price in the short term.
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