Back to all announcements

JPMorgan and UBS to test iPhones among employees

JPMorgan and UBS are to both allow employees to test iPhones as an alternative technology to BlackBerry handsets.

According to Bloomberg, which cited unnamed sources, staff at JPMorgan are currently testing the iPhone and other smartphone devices which utilise Google’s Android technology.

JPMorgan is expected to make a decision over the use of the iPhone later this year following tests on the security of the device.

The bank is not considering purchasing iPhones for its employees – rather it will allow staff to use the Apple devices to send and receive corporate emails, the news provider reported.

UBS is also believed to be currently undertaking similar tests on the smartphones.

Pierre Feragu, analyst at Sanford C. Bernstein, told Bloomberg: “This phenomenon is very new and we expect it to put increased pressure on RIM’s performance.

“BlackBerry isn’t the only alternative to offer employees mobile e-mail.”

The news provider added that JPMorgan and UBS employ 220,000 and 63,000 staff respectively.

Earlier in the year, Standard Chartered announced it would be replacing the BlackBerry with the iPhone as its preferred corporate communications device for staff.

By Jim Ottewill