SaverLife is a national non-profit sponsored by some of the nation’s leading financial institutions that uses financial technology to improve the financial health of low- to-moderate income consumers by incentivizing savings through prizes, rewards, expert resources, and gameplay. We first discuss SaverLife’s objectives and how its online platform operates. We then discuss a range of issues, including the goals of the CFPB’s Section 1033 rulemaking, Saverlife’s perspective on the growing use of earned wage access and buy-now-pay later products, and the role of the CAB and issues under consideration by the CAB.
Leigh is our second podcast guest to come to our attention through the database created by Devina Khanna, a Congressional staffer, that identifies women in the financial services area (lawyers and non-lawyers) who are interested in speaking opportunities. Devina’s database has been a vital component of our new initiative to feature more women as guests on weekly episodes of our Consumer Finance Monitor Podcast.
Alan Kaplinsky, Senior Counsel in Ballard Spahr’s Consumer Financial Services Group, hosts the conversation.
To listen to the episode, click here.