Firm commits $30 million to establish the Financial Solutions LabSM and improve financial capability

May 29, 2014

Press Release

New York — JPMorgan Chase & Co. and the Center for Financial Services Innovation (CFSI) today announced their collaboration on the Financial Solutions LabSM, a new $30 million, five-year initiative that brings together social entrepreneurs and leading experts in technology, behavioral economics and design to improve financial capability. This cross-industry initiative intends to catalyze the development of innovative, technology-enabled strategies, products and services that align with consumers’ financial needs.

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