Global Co-Head
J.P. Morgan Payments
Umar Farooq is the Global Co-Head of J.P. Morgan Payments. A business in the Commercial & Investment Bank, J.P. Morgan Payments enables organizations of all sizes to execute transactions efficiently and securely, transforming the movement of information, money, and assets. The team of experts tackles complex challenges at every stage of the payment lifecycle. And its industry-leading solutions facilitate seamless transactions across borders, industries, and platforms.
Operating in over 160 countries and handling more than 120 currencies, J.P. Morgan Payments division is the largest processor of USD payments, with a daily transaction volume of more than $10 trillion.
Before stepping into his current role, Umar was the Global Head of Financial Institution Payments Sales and CEO of Kinexys by J.P. Morgan, where he leveraged cutting-edge technologies like blockchain to create innovative products, platforms, and marketplaces. His previous roles include Global Head of Digital Wholesale Payments and Head of FinTech for the Corporate and Investment Bank, along with leadership positions in Chase Business Banking.
Umar's academic background includes a B.S. in Computer Science, a B.S. in Economics, and an M.Eng. in Computer Engineering from the Massachusetts Institute of Technology, as well as a J.D. from Yale Law School.
Global payments are entering a new phase, shaped by real-time expectations, growing complexity, and rapid advances in technologies such as blockchain, biometrics and artificial intelligence. At the same time, mission-critical payments infrastructure needs to be modernized while maintaining the resiliency and security that clients depend on.
In this fireside chat, Umar Farooq, will share his perspective on where the payments industry is headed and what it takes to innovate at a global scale. Drawing on his experience leading one of the world’s largest payments franchises and helping shape the firm’s blockchain strategy, Umar will discuss how client needs are evolving, where innovative breakthroughs are emerging, and how new technologies are being applied in payments today.
The conversation will explore how J.P. Morgan Payments is using blockchain infrastructure, biometric authentication and AI-driven capabilities to enhance speed, security and transparency across payments. Attendees will walk away with a high-level view of the payments landscape and a practical understanding of how large institutions can responsibly scale innovation without compromising trust or stability.