To draw more depositors into its no-overdraft, consumer checking accounts, JPMorgan Chase is offering eligible customers early access to direct payroll deposits, a feature heretofore made popular by JPM’s fintech rivals. The innovation, which speeds up payments, including wages, tax refunds, pensions, and government benefits, by up to two days, will be available this week to users of its Secure Banking program.
JPMorgan Chase, Taking a Feature From Fintech Rivals