JPMorgan Chase & Co. (NYSE:JPM) may soon start letting employees use the iPhone for corporate e-mail instead of BlackBerry devices manufactured by Research In Motion. According to a source with Bloomberg, JPMorgan is testing the iPhone device and smartphones that run on Android. JPMorgan has about 220,000 employees across the globe.
UBS AG, the biggest bank in Switzerland may also allow staff to use iPhones for corporate e-mail. UBS has about 63,000 employees.
The primary concern that these employers had before was security. JPMorgan is testing for security in batches of a few hundred iPhone devices. A decision is expected to be made later this year.