JPM Expands Cross-Border Payments Reach Through Thunes Partnership

JPMorgan Chase & Co. has expanded its cross-border payments capabilities through a partnership with Thunes, a global payments infrastructure provider.

The collaboration integrates Thunes' Direct Global Network with J.P. Morgan Payments' Xpedite Remit solutions suite, making international payouts faster and more reliable across multiple markets.

Through Xpedite Remit, clients can send payouts to local bank accounts and mobile wallets across more than 100 corridors, accessing 12 billion bank accounts and mobile wallets through Thunes' network.