JPMorgan to Unlock Liquidity with Tech Partnership

JPMorgan Chase & Co. is looking to help blue-chip companies untether trillions of dollars locked up in corporate supply chains globally through a new technology partnership, according to a story in Bloomberg. The bank is working with Taulia Inc., a platform that provides working capital solutions, to redistribute liquidity to smaller suppliers of large, investment-grade companies. The multinational firms will have the option to pay suppliers earlier with their own cash or lean on JPMorgan’s balance sheet to keep money flowing through the network of providers.