JPMorgan ropes in Ex-HSBC Holdings Exec Jeremy Balkin as Head of Fintech & Innovation, Wholesale Payments

JPMorgan Chase & Co has appointed former HSBC Holdings Plc executive Jeremy Balkin as head of fintech and innovation for wholesale payments.

In his new role, Balkin will oversee fintech and innovation initiatives for wholesale payments, and be involved in JPMorgan’s decisions to invest or partner with companies that can help further its strategy in the space, the bank said.

At HSBC, Balkin served as head of innovation and strategic digital partnerships, leading a team whose responsibilities included improving digital customer experience and identifying new products and services.

JPMorgan’s wholesale payments division also recently appointed former BlueVine and PayPal Holdings Inc executive Brad Brodigan as global head of small and medium business for merchant services, the bank said. Brodigan’s responsibilities will include sales and partnerships, according to the bank.

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