Emily Glazer
speaker
219 appearances
3 recordings
1 series
first heard Aug 2017
last heard Jan 2021
Emily Glazer’s voice in public audio — every appearance, attributed to the second.
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Appearances
He basically said, look, we're trying to sign on merchants.
He mentioned Starbucks, which was a pretty big win there.
for JP Morgan.
However, he said, you know, who knows what will happen?
Like we're still trying.
And what we thought was particularly interesting is that that was a little bit of a change in tune from when the head of retail at Chase, Gordon Smith, announced this product at a big industry conference two years ago, roughly, and was talking it up.
And then to have Jamie Dimon roughly two years later say, you know, I'm not really sure.
It's a use case.
That's literally a direct quote.
We'd like to be there and we'll see how it pans out.
He said we're obviously spending money on it.
You know, he was just a little more iffy on everything.
And I think that was very telling to understand how it's viewed inside the bank right now.
Well, listen, it's not like they're giving up on this product.
I think right now they've really been reframing it as a longer term play and perhaps even longer term than we ever thought.
At the bank's investor day back in February, it included Chase Pay as one of these significant investments and said that there were significant future benefits expected.
And so this is definitely a product that the bank is still banking on, if you will.
But it has a lot of offerings
too, whether it's the peer-to-peer payments, whether it's checking your balance on your phone, whether it's mobile check deposit.
So this is one part of a very large mobile banking initiative.
Showing 121–140 of 219 · page 7 of 11
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