Digital Audit: JPMorgan Chase

Enterprise Technology Stack & Vendor Relationships

JPMorgan Chase is a customer of Israeli-founded cloud security firm Wiz, using it for Cloud Security Posture Management and compliance functions; Wiz received JPMorgan’s “Hall of Innovation” award on November 2, 2023, presented by Global CISO Pat Opet, with no evidence of discontinuation identified since ¹. A marketing blog post (uncorroborated by JPMorgan or Palo Alto Networks primary sources, with no citations or hyperlinks of its own) claims JPMorgan Chase deploys Palo Alto Networks’ next-generation firewalls and Prisma Cloud platform across its branch, ATM, and mobile-banking footprint; this claim is flagged as low-reliability, and while Palo Alto Networks was co-founded by Israeli-American Nir Zuk, the company itself is US-headquartered in Santa Clara ². JPMorganChase is a named founding partner, alongside Palo Alto Networks and Cisco, of Project Glasswing, an Anthropic-led multivendor AI-security coalition announced in early 2026 focused on vulnerability detection, penetration testing, and endpoint security using early access to an unreleased Anthropic model, though this is a security-research coalition rather than a confirmed vendor or licensing relationship ³. No public evidence identified of direct licensing or subscription relationships between JPMorgan Chase and Check Point, CyberArk, SentinelOne, NICE, or Verint. No public evidence identified regarding systems integrators or IT outsourcing partners of JPMorgan Chase mandating or recommending Israeli-origin technology.

Surveillance, Biometrics & Retail Technology

JPMorgan Chase’s biometric payments pilot, offering face and palm authentication at locations including Whataburger and the Chase Center, is built with PopID, a Pasadena, California-based company, with no Israeli origin identified for this vendor or for the facial-recognition and infrared palm-vein “Paypad/Pinpad” terminal rollout associated with the program ⁴. No public evidence identified connecting JPMorgan Chase to Trigo, BriefCam, AnyVision/Oosto, or Trax for retail biometrics, checkout, or loss-prevention technology; background reporting on Oosto’s 2022 rebrand from AnyVision confirms no JPMorgan link was found in that source ⁵. No public evidence identified of Israeli-origin predictive-policing, sentiment-analysis, or social-media-monitoring tools used by JPMorgan Chase. Historically, between 2009 and 2013, JPMorgan Chase used Palantir Technologies’ “Metropolis” platform, deploying roughly 120 “forward-deployed engineers” under executive Peter Cavicchia III for an internal insider-threat program that monitored employee emails, company-phone GPS data, and recorded calls, as reported by Bloomberg Businessweek and covered by Slate; this program is reported as discontinued or scaled back following Cavicchia’s departure around 2013, and Palantir - a US company with separately documented ties to the Israeli state - was not found to be connected to JPMorgan’s Israel-facing activity through this historical engagement ⁶. JPMorgan Chase currently uses a proprietary in-house employee-monitoring system, the “Workforce Activity Data Utility” (WADU), tracking metrics such as Zoom time, keystrokes, and desk usage, with no third-party Israeli vendor identified for this tool ⁷.

Cloud Infrastructure, Data Residency & Sovereign Cloud Participation

No public evidence identified that JPMorgan Chase operates, leases, or co-locates data centre infrastructure within Israel; JPMorgan’s Israel presence in Herzliya is described in reporting as a software-engineering and technology centre rather than a data-hosting facility ⁸. No public evidence identified of JPMorgan Chase participation in Project Nimbus or comparable Israeli government cloud programs, which are documented as an AWS and Google Cloud initiative rather than involving JPMorgan ⁹. No public evidence identified of JPMorgan Chase providing data-sovereignty, data-residency, or infrastructure-resilience services explicitly marketed to Israeli state institutions or military bodies.

Defence, Intelligence & Security Sector Technology Relationships

No public evidence identified of direct contracts between JPMorgan Chase and the Israeli Ministry of Defence, IDF, or Israeli intelligence agencies for administrative IT, communications, hosting, or analytics services. JPMorgan Chase, named alongside Boeing, Lockheed Martin, Northrop Grumman, BlackRock, Vanguard, Morgan Stanley, Citigroup, Wells Fargo, Capital Group, and Fidelity, was invited by the Business & Human Rights Resource Centre on July 3, 2024, to respond to a July 11, 2024 urgent call by UN experts to halt arms transfers to Israel, and did not respond as of BHRC’s tracking on July 12, 2024, with no subsequent update to that position identified ¹⁰. JPMorgan Chase’s asset-management arm held equity positions in Israeli defense manufacturer Elbit Systems that fluctuated from 180,770 shares in Q2 2023 to a peak of 253,678 shares ($54 million) in Q4 2023, then dropped roughly 70% to 76,567 shares ($16 million) in Q1 2024 amid activist and BDS pressure, before rebounding to 152,089 shares (~$26 million) in Q2 2024 ¹¹. BDS Boston organized a protest at a Chase Bank branch in Harvard Square around January 2024 specifically citing the bank’s Elbit Systems shareholding and calling for account closures, though the source article could not be fully retrieved and details rely on a search-engine snippet ¹². JPMorgan, together with BofA Securities, Jefferies, and Morgan Stanley, acted as a joint book-running manager on a $512 million Elbit Systems share offering priced May 21, 2025, postdating both the ICJ’s July 2024 advisory opinion and the November 2024 ICC arrest warrants ¹³. JPMorgan Chase was a joint book-running manager for the State of Israel’s $5 billion sovereign bond offering that closed February 19, 2025, and has been identified as one of seven banks that underwrote Israeli sovereign “war bonds” totaling $19.4 billion issued between October 7, 2023 and January 2025, although JPMorgan’s individual dollar contribution was not disclosed in that source ¹⁴¹⁵. No public evidence identified of JPMorgan Chase developing, selling, licensing, or maintaining offensive cyber capabilities or digital weapons systems.

AI, Algorithmic & Autonomous Systems

No public evidence identified of JPMorgan Chase providing AI/ML, computer vision, or decision-support systems to Israeli state, military, or security bodies. No public evidence identified that JPMorgan’s AI models, including those developed through its Machine Learning Center of Excellence, were trained on or given access to civilian population data, intercepted communications, or surveillance-derived datasets originating from Israel or the occupied Palestinian territories ¹⁶. No public evidence identified of JPMorgan Chase providing autonomous targeting, threat-detection, or tracking systems to Israeli military or security forces.

Technology Ecosystem & R&D Footprint

JPMorgan’s Israel Tech Center in Herzliya opened in 2014 and scaled up substantially from 2017, growing from roughly five employees to approximately 130 by the time of its January 2024 tenth-anniversary reporting, with other reporting citing roughly 170 total Israel-based employees and 120–130 in the tech center specifically ⁸. The center’s business lines include the Athena risk and trade-management platform, described by center head Nir Shahaf as a core global platform, alongside teams covering government technology, bonds, corporate bonds, and equities, plus an arm facilitating JPMorgan’s investment in the local startup ecosystem, though available sources do not clarify whether the “government technology” line serves the Israeli government, other sovereigns, or JPMorgan’s own public-sector banking clients ⁸. JPMorgan reaffirmed its Israel commitment publicly after October 7, 2023, including CEO Jamie Dimon’s employee memo calling the attack “a terrible tragedy” and affirming solidarity with employees and the people of Israel ⁸, and the bank directed its roughly 200 Israel-based staff to work from home amid the escalating conflict ¹⁷. JPMorgan Growth Equity Partners invested $250 million in a Series E round for Island, an Israeli-US enterprise-browser and cybersecurity firm co-founded by Dan Amiga - described as a former Unit 8200 officer - and Mike Fey, announced July 14, 2025 at a roughly $5 billion valuation, with Island’s roughly 500-person workforce including about 200 at its Tel Aviv R&D hub ¹⁸. J.P. Morgan participated, alongside Barclays, BNP Paribas, Citi, Morgan Stanley, State Street, and UBS, in a $56 million strategic funding round for Capitolis, an Israeli-founded capital-markets optimization fintech, announced August 6, 2025, having already been an existing investor prior to that round ¹⁹. No public evidence identified of a Team8 investment relationship with JPMorgan Chase. No public evidence identified of patent portfolios, licensing agreements, or co-development arrangements between JPMorgan Chase and Technion, Hebrew University, or the Weizmann Institute. JPMorgan Chase acquired US student-finance startup Frank for $175 million in a deal announced in 2021 and closed in 2022; Frank’s co-founder and COO Olivier Amar, an Israeli-Canadian national, was convicted alongside CEO Charlie Javice of securities, wire, and bank fraud and conspiracy, and was sentenced in November 2025 to five years and eight months with expected deportation - a personal fraud matter with no further Israeli-state or technology-transfer nexus identified ²⁰. JPMorganChase launched a Center for Geopolitics in May 2025, publishing client-facing analysis on Middle East dynamics including Israel-Gaza developments and Saudi-Israel normalization prospects, constituting advisory and publishing activity rather than technology provision ²¹.

Civil Society Scrutiny & Regulatory History

JPMorgan Chase is not named in the OHCHR database of business enterprises maintained pursuant to Human Rights Council Resolutions 31/36 and 53/25, which lists Israeli institutions such as Bank Hapoalim, Bank Leumi, Bank of Jerusalem, Bank Otsar Ha-Hayal, and First International Bank of Israel ²². JPMorgan Chase is not named anywhere in the text of UN Special Rapporteur Francesca Albanese’s July 2, 2025 report A/HRC/59/23, “From economy of occupation to economy of genocide,” based on a direct text search for “JPMorgan,” “J.P. Morgan,” and “Morgan Chase” ²³. Who Profits lists JPMorgan Investment Management, Inc. as holding a 1.52% shareholding in Palantir Technologies as of data collected in early 2026, reflecting institutional or index-fund holdings on behalf of clients rather than disclosed direct corporate investment ²⁴. AFSC Investigate’s company profile of JPMorgan Chase documents the bank’s historical financing of private-prison operators CoreCivic and GEO Group and its fossil-fuel financing, but contains no content regarding Israel, the occupied Palestinian territories, or Israeli technology relationships ²⁵. Roughly 50 students and faculty from Columbia, NYU, and CUNY staged a sit-in at JPMorgan’s Madison Avenue offices in November 2023, protesting the bank’s alleged financing of Tel Aviv-linked university programs and alleged investment in Israeli-military weapons manufacturers, and calling for closure of NYU’s Tel Aviv study-abroad site ²⁶²⁷. BDS Boston separately protested a Chase Bank branch in Harvard Square around January 2024 over the bank’s Elbit Systems shareholding, calling for account closures ¹². Corporate-foundation tax records covering 2001–2016, reported in February 2019, show the JPMorgan Chase Foundation among six corporate foundations - alongside Verizon, Pfizer, Bank of America, Deutsche Bank, and American Express - that collectively gave more than $15,000 to One Israel Fund, more than $6,300 combined (with Pfizer and American Express) to the Central Fund of Israel, more than $48,000 collectively to Friends of the Israel Defense Forces, and roughly $1,000 combined (with Pfizer and Verizon) to American Friends of Elon Moreh, a West Bank settlement-support organization, largely characterized as employee matching-gift disbursements; JPMorgan Chase did not respond to the outlet’s request for comment ²⁸. JPMorgan’s disclosed October 2023 humanitarian response totaled an initial $1 million increased to $1.5 million, plus employee-donation matching to Israel-focused organizations Matan, American Friends of Magen David Adom, and American Friends of Natal, alongside Gaza-focused organizations Doctors Without Borders, Mercy Corps, and UNICEF ²⁹³⁰. JPMorgan Chase elected Phebe N. Novakovic, CEO of defense contractor General Dynamics, to its board of directors, though no Israel-specific nexus was identified for this appointment beyond a general defense-industry background ³¹. No public evidence identified of formal shareholder proxy resolutions specifically addressing JPMorgan’s Israel-related financial or technology activity at its 2024 or 2025 annual meetings. No public evidence identified of export-control actions, sanctions investigations, or regulatory inquiries specifically targeting JPMorgan Chase’s technology sales or services to Israeli state entities.

End Notes