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Open Call for Ideas

JPMorganChase invites U.S.-based non-profit organizations and mission-driven technology companies to submit a brief summary of an innovative approach to protecting individuals and families, especially those living on low- to moderate-incomes (LMI), from fraud and scams in order to preserve their hard-earned wealth. These solutions could range from early-stage ideas, to pilots in motion, to established innovative models now scaling, and should represent solutions that the submitting organization(s) intends to implement or is already implementing. Submissions are due by June 9th, 2025.
The Challenge Posed By Fraud and Scams

Every year, criminals defraud and scam millions of American households out of more than $158 billion, eroding financial health and institutional trust. At the same time, wrongdoers are increasingly leveraging more sophisticated strategies to defraud people, introducing new scams and tactics at an alarming rate. In fact, the value of reported losses increased 33% between 2023 and 2024. Fraud and scams thus pose a growing and evolving threat to individuals and households nationwide. This threat impacts everyone, but it is particularly acute for people living on low- to moderate-incomes (LMI) as well as youth and elder populations, who are more vulnerable to fraud and scams and find it more difficult to recover financially.

There are a myriad of challenges facing both individuals and institutions as they look to slow and prevent the proliferation of fraud and scams. Despite the significant risks to household financial health, many people are unaware and/or unsure about how to adequately protect themselves from falling prey to fraud and scams, which includes everything from detecting scams in real-time to navigating a complex landscape of solutions that secure their data and privacy. Additionally, once a fraud or scam occurs, victims face feelings of shame, confusion, and a lack of hope, preventing them from coming forward to report their experiences and seek help.

Institutions across sectors – finance, telecommunications, tech and social media, law enforcement, public sector, consumer advocacy groups – are also navigating the rapidly evolving fraud and scam ecosystem and are facing an environment of eroding consumer confidence. They must balance seamless customer experiences with effective scam protection and are maneuvering through a complex environment to build and communicate actionable and timely interventions – points of friction – to stop scams without facilitating distrust in the system.
The Opportunity We See

JPMorganChase is applying the full range of the firm’s resources to help protect consumers from fraud and scams, investing billions in fraud and scam prevention. Additionally, while the private, public, and nonprofit sectors are collaborating across industry to develop a comprehensive national US strategy, there is also an opportunity to leverage philanthropic capital to source, test, and scale novel solutions that protect people from fraud and scams. To advance that opportunity, JPMorganChase is sourcing innovative models that address one or more of the following topics:
  1. Building awareness and adoption of protective and preventative measures (going beyond education-only models)
  2. Providing early warning signals to individuals and/or introducing additional friction during moments of heightened risk
  3. Responding to an imminent threat to intercept and prevent fraud and/or scams in real-time and protect wealth
  4. Supporting identity and/or credential protection to avoid ongoing and repeated fraud and/or scams
We will prioritize ideas that put the protection and preservation of wealth for individuals at the heart of their approach. We recognize that there may be powerful, innovative ideas that may not fit into the categories above. If you believe your idea can significantly address the problem of fraud and/or scams, please submit it. We welcome submissions that stand alone as well as those that reflect partnerships with other organizations who are developing and implementing holistic, collaborative solutions.
Benefits and Expectations

JPMorganChase does not guarantee any funding, investment, nor commercial partnership to organizations who submit solutions. Please do not submit any information that could be considered privileged, confidential, proprietary, private, or otherwise protected. All submissions are subject to the Terms and Conditions described in the submission form and the JPMorganChase Privacy Policy.

Organizations who submit ideas may be contacted for follow-up conversations and may be invited to participate in a showcase to pitch their innovative solution and answer questions. JPMorganChase may choose to continue conversations for potential funding or other support at its own discretion.
Submission Eligibility

We are seeking submissions from mission-driven, U.S.-incorporated organizations building solutions with the clear goal of protecting people from fraud and scams. These organizations should be either:
  • 501(c)(3) organizations, including those directly serving individuals and/or generating research and thought leadership to inform product, policy, and practice change around fraud and scams
  • Seed stage through Series C technology companies building scalable solutions with revenue-generating models, either serving individuals directly or through an intermediary such as a company, agency, or institution
Please submit your idea by 11:59pm PST on June 9th, 2025. This submission form will close after that time.

NOTE: If you experience any issues submitting your idea, please document them and contact us for support at fraud.and.scams.call@jpmchase.com. We will do our best to reply to your question or concern, but we do not guarantee that you will receive a response.

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