JPMorgan (JPM) has hired former Microsoft (MSFT) executive Tahreem Kampton as a senior payments executive within the bank’s payments group. His focus will be on the future of payments, including blockchain technology and the digital ecosystem, according to a statement sent to CoinDesk.
“Tahreem Kampton has joined J.P. Morgan Payments as a senior payments executive with a focus on driving thought leadership to help the payments industry and therefore clients, to evolve, thrive and grow,” said JPMorgan. “Specifically, he will lead co-innovation with key partners in payments, blockchain and the digital ecosystem where JPMorgan has already built a strong foundation.”
JPMorgan has been active in the crypto industry and blockchain technology for years and has been hiring aggressively to bolster its cryptocurrency and blockchain ambitions, including its Onyx division, which was formed in 2020. The unit was the world’s first offering from a global bank of a blockchain-based platform for wholesale payments transactions.
“We see a new landscape where information, assets and value flow seamlessly between physical, digital and virtual worlds – across borders, in outer space, and even in the metaverse,” Kampton said in the statement.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.