JPM · News · 20261104N

Payments Product Adoption (Receivables Matching)

JPMORGAN CHASE & CO · 2026-11-04 · Importance 58 · Surprise 42

J.P. Morgan Payments launched Receivables Matching on November 2 to automate reconciliation among incoming payments, remittance information, and outstanding receivables. The solution is designed to reduce manual processing, speed cash application, and improve cash-flow visibility for corporate clients. Distributor Grimco reported more than 60% less manual review time and approximately 95% fewer errors requiring manual intervention. The product complements Kinexys, JPMorgan’s blockchain platform for near-real-time cross-border settlement and programmable payments.

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