J.P. Morgan enlists startup to battle in mobile wallets

J.P. Morgan Chase & Co. has enlisted a 28-year-old dorm-room entrepreneur to get in on the future of mobile shopping.

Seth Priebatsch is founder and chief executive of LevelUp, a five-year-old Boston-based software and app maker that enables restaurant customers to use their mobile phones to order food and pay for it before setting foot in the restaurant, all while earning rewards and never having to swipe a credit card. Read more: wsj.com