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JP Morgan Chase and First Data Divorce, Who Wins and Who Looses

June 2, 2008

Analysis of:JP Morgan Chase to bring payment systems back in house | www.cio.co.uk

Chase Paymentech to become the leading brand after JP Morgan Chase divorces from First Data.

JP Morgan Chase has restructured extensively since Gordon Smith has taken over and this is another indicator of how he believes the new JPMC will compete by maintaining more control over its destiny, innovation, and data.

First Data is the big looser in this relationship even with 49% of the assets the customers knows the brand Chase Paymentech versus First Data and will likely stay with Chase.

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