Umar Farooq

Co-Head of Global Payments

J.P. Morgan

Umar Farooq is Co-Head of Global Payments at J.P. Morgan, part of the Commercial & Investment Bank that enables organizations to execute secure and efficient transactions worldwide. The J.P. Morgan Payments team handles complex challenges throughout the payment lifecycle, facilitating seamless transactions across borders, industries, and platforms. Operating in over 160 countries and processing more than 120 currencies, the division is the largest processor of USD payments, with a daily transaction volume of $10 trillion.

Prior to his current role, Umar was Global Head of Financial Institution Payments and CEO of Kinexys by J.P. Morgan (formerly Onyx), where he used blockchain and other cutting-edge technologies to develop innovative products and marketplaces. He has also led Digital Wholesale Payments, FinTech initiatives, and Chase Business Banking. Umar holds dual B.S. degrees in Computer Science and Economics, and an M.Eng. in Computer Engineering from MIT, as well as a J.D. from Yale Law School.