by Doug Lynam, book author and financial professional
I’ve always hated talking about money. Growing up in a rich family, I learned through the behavior of those around me that money and materialism were evil. Instead of being used in love and service, money was weaponized and became a tool to manipulate and control behavior. So when I began studying philosophy and religion in high school and read the words of Paul the apostle, “For the love of money is the root of all evil,” I mistakenly believed Paul was right. I was a proto-monk in the making.
The financial services industry is one in particular where a commitment to a triple bottom line is most critical. In leading up to 3BL Forum: Brands Taking Stands – The Long Viewlater this month, TriplePundit sat down with Andrea Barrack, Vice President of Global Corporate Citizenship at TD Bank, to talk about the stand that TD has taken to be the best corporate citizen possible.
“Our work addresses a fundamental and universal need: financial security. Literally millions of people rely on us. Last year alone, we paid out close to €50 billion in claims and benefits to our customers. Financial security is something that many people lack, which not only has serious implications for them, but for wider society too. We’re here to change that.” Alex Wynaendts, Aegon CEO
While Common Cents Lab is a research entity, its work does so much more than create interesting research. It creates easier, more intuitive ways for people to save – which is something that most people say they want to do, but find difficult.
Center for Financial Services Innovation and JPMorgan Chase call on innovators to submit high-tech solutions to address consumers’ cash flow challenges
CHICAGO, February 24, 2015 /3BL Media/ — The Financial Solutions Lab at the Center for Financial Services Innovation (CFSI) with founding partner JPMorgan Chase & Co. today announced a $3 million competition for technology innovators working to address consumer financial challenges. This cross-sector initiative will identify technology-enabled financial solutions and provide winners with direct and indirect support to test and expand the availability of their products and services to consumers.