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Chase branches in the contiguous U.S. in 2020. The company also operates in Hawaii (not shown on the map).. JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank headquartered in New York City that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase.
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In September 2021, JPMorgan Chase entered the UK retail banking market by launching an app-based current account under the Chase brand. This is the company's first retail banking operation outside of the United States. [99] [100] [101] In 2021, the company made more than over 30 acquisitions including OpenInvest and Nutmeg.
The precursor to the modern online banking services was distance banking electronically and by telephone since the early 1980s. The term 'online' became popular in the late 1980s and referred to the use of a terminal, keyboard, and TV or monitor to access the banking system using a phone line.
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Customers of Chase's online banking services saw double transactions, fees and payments in their accounts on Friday, in a glitch that was not fixed until late in the day. Numerous Chase customers ...