Technology Magazine January 2023 | Page 79

J . P . Morgan
“ WE ARE WORKING GLOBALLY ON OPPORTUNITIES TO LEVERAGE [ BLOCKCHAIN ] TECHNOLOGY AND THEN APPLY THEM TO VARIOUS REQUIREMENTS AND SOLUTIONING ”
CHRISTINE ( JANG ) TAN Head of FIG sales APAC , J . P . Morgan Payments and regulatory obligations or safeguarding systems from attack . “ While we do share best practices , we also expect the same in terms of the companies [ that we partner with ] actually adhering to certain standards . It ' s really to protect the entire community .”
When she looks at how J . P . Morgan is likely to invest its resources in the future , Jang says : “ We have to keep developing , and there has to be a cyber component that we continue to invest in . On blockchain , the use cases will continue and we ' ve leveraged Confirm as one of our applications for banks , non-bank financial institutions , corporates and fintechs to use .
“ We also just recently had the announcement with VISA B2B , who will be leveraging Confirm to facilitate their payment flows cross-border as well .”
When you ’ re working at such an astronomic level , it takes some bright-shining stars to inspire you . Within J . P . Morgan , Jang says she looks up to Takis Georgakopoulos , the Global Head of J . P . Morgan ’ s Payments division . “ He was previously my boss when he ran the MNCs Corporate Banking business , and brings a unique strategic background to his current role . His vision of bringing together four discrete businesses under a single Payments umbrella is what differentiates us today , enabling the bank to provide end-to-end pay-in , pay-out cash management and trade finance capabilities to our clients . Today , we process almost US $ 10tn in payments daily in more than 120 currencies and over 160 + countries across the world , and we ’ re only getting started on this journey .”
A Singaporean native , Jang takes inspiration from the country ’ s late founding father and first prime minister , Lee Kuan Yew , as well . “ Mr . Lee put Singapore on the map , and the financial services industry
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