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JPMorgan intros prepaid card for workers' comp

August 17, 2008

(New York) Insurance & Technology: JPMorgan Chase has launched a prepaid debit card for workers' compensation payments. The Chase Workers' Compensation Card is designed to help insurance companies gain efficiencies and provide an alternative payments method for workers' compensation. Greg Kerwick, managing director of treasury services/emerging payments of JPMorgan, said the card was launched as a logical way to expand the bank's payroll card business.
 
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