Saturday, June 22, 2024

JP Morgan to launch digital only UK bank in 2021

By DAC000 , in goldman sachs jp morgan Open Banking , at August 24, 2020 Tags: , ,

an event that should surprise nobody, as costs and barriers to entry for digital entities are so low. Goldman Sachs is already offering online services to UK residents, likely others will continue to follow. About a two minute read.

Comment: of course the big elephant in the room is GDPR; will UK customers have to surrender their rights to data protection to bank at JP Morgan online?