America’s Largest Bank Makes Direct Play Against Payments’ Largest Fintechs

In a move to counter the persistent and rapid rise of competition from fintechs, JPMorgan Chase, the largest bank in the U.S., is directly striking Square and PayPal with the release of its own competitive products. Aiming to keep market share and sell more services to millions of American small business owners, JPMorgan will roll out a checking account paired with a fintech-inspired service called QuickAccept...