JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon reassured investors that the bank is planning to use AI technology to its advantage. “In my view, we’ll be a winner,” he said during the annual Investor Day event on Monday, highlighting the bank’s strategy to utilize technology to enhance customer service.

Despite acknowledging the emergence of fintech competitors like Chrome, Revolut, PayPal (NASDAQ:PYPL), and Stripe, Dimon expressed confidence in JPMorgan’s competitive edge. Marianne Lake, the head of JPMorgan’s consumer unit, pointed out that many competitors are now emulating JPMorgan’s strategies.

The CEO also warned about the rising popularity of stablecoins, which could potentially disrupt traditional banking roles.

Dimon, who has been leading the bank for twenty years, stated his intention to continue as CEO for a few more years, without providing further details. The CEO also stated that the bank is well-positioned to weather the changes in the economy or at the Federal ...