How to improve your financial resilience

Can an App Help People Weather a Financial Storm?

Job loss and bills to pay? There could soon be an app for that. A virtual innovation lab — which is being run by the Center for Financial Services Innovation with support from JPMorgan Chase — is looking to vet ideas for mobile apps that help people recover financially from a sudden setback such as back surgery or a layoff. The contest winners will get a total of $3 million and at least eight months of help on developing their apps. There are apps that help consumers better manage their money or access quick cash when they need it. ….[READ]

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