Intelligent Fin.tech Issue 11 | Page 52

CLOUD SOLUTIONS

J . P . MORGAN LAUNCHES PAYMENTS PARTNER NETWORK WITH SALESFORCE

Salesforce , a global leader in CRM , has announced that J . P . Morgan has unveiled its new Payments Partner Network – a marketplace powered by Commerce Cloud . The Payments Partner Network features third-party partners that are integrated with the J . P . Morgan Payments platform , making it easy for clients to discover , search and learn more about relevant J . P . Morgan partner product solutions , unlocking opportunities for growth and efficiency .

J . P . Morgan , a long-standing Financial Services Cloud customer , is entrusting Commerce Cloud with helping achieve its ultimate vision of creating a global ecosystem for end-to-end payments partner solutions .
J . P . Morgan ’ s payments business combines the firm ’ s merchant services , treasury , card and trade finance capabilities to help clients make and receive payments anytime from anywhere . The Partner Network , which is initially launching in ‘ beta ,’ is the first step in bringing together all of J . P . Morgan Payments ’ integrations in a digital platform . It helps clients easily search , view and tap the financial services giant ’ s robust ecosystem of third-party integrations for end-to-end payment and treasury needs .
“ Forty-five percent of insurance or banking companies plan to prioritise building their own digital marketplace in the next two years ,” said Michael Affronti , SVP and GM of Commerce Cloud at Salesforce . “ They are easy to scale and adjust for customer preferences and when powered by the right technology , companies can quickly gain powerful insights through new firstparty data and bring together siloed parts of the business .” for merchants while providing a seamless experience for its payments partners ,” Affronti continued .
Taking learnings from marketplaces like the Salesforce AppExchange , the J . P . Morgan Payments Partner Network :
• Enables self-service discovery : Platform visitors can easily view and assess the product integrations that work well with J . P . Morgan and suit their needs
• Helps businesses scale : J . P . Morgan ’ s large network of integrated solutions fits the needs of businesses as they grow and expand
• Facilitates easy implementation : By understanding the partner solutions that are integrated into J . P . Morgan , clients can save time implementing , allowing them to focus on their businesses
“ J . P . Morgan has one of the largest payments ecosystems in the world , with hundreds of live third-party
The Partner Network will make it easier for our clients to efficiently discover and assess the best product partners to suit their business needs .
integrations spanning virtually every industry and use case . The Partner Network will make it easier for our clients to efficiently discover and assess the best product partners to suit their business needs ,” added Jason Tiede , Global Head , Corporate Development and Partnerships for J . P . Morgan . �
“ We ’ re excited to work alongside J . P . Morgan to build an incredible network
52 www . intelligentfin . tech