JPMorgan to provide account validation services for US government
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2023-09-27 20:58
U.S. banking giant J.P. Morgan said on Wednesday it has been designated by the United States Treasury Department

U.S. banking giant J.P. Morgan said on Wednesday it has been designated by the United States Treasury Department under a financial agency agreement to provide account validation services for federal government agencies.

In its new role, J.P. Morgan will verify critical payment information for the federal government before payments are issued.

(Reporting by Jaiveer Singh Shekhawat in Bengaluru)

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