JPMorgan Partners with Thunes for Faster Cross-Border Payments

J.P. Morgan Payments has expanded its Xpedite Remit solution suite by partnering with Thunes to offer faster and more transparent cross-border payments.

The partnership combines J.P. Morgan's connectivity with local, real-time payments rails and Thunes' Direct Global Network, giving the bank access to 12 billion bank accounts and mobile wallets across over 100 corridors worldwide.

This expansion will benefit Chase's 94 million consumer and small business customers in the US, who can now receive real-time inbound payments into their accounts.