FOMO Pay, a Singapore-based payment institution, has partnered with J.P. Morgan Payments to enhance its domestic and cross-border remittance and multicurrency payment systems. This strategic collaboration aims to address the complex fund management and settlement needs of enterprise and institutional clients. By integrating J.P. Morgan Payments' global direct settlement network and advanced fund management technology, FOMO Pay will offer faster and more secure multicurrency transactions. J.P. Morgan Payments, which processes over $10 trillion in daily payments across more than 160 countries and supports over 120 currencies, will also provide FOMO Pay with access to its COBO/POBO system and a digital identity verification tool. This will improve transaction matching and operational efficiency, further strengthening FOMO Pay's enterprise service capabilities.