Savings Innovation Convening 
Integrated Product Design to Build Savings
This Event Has Ended
The Federal Reserve Bank of Boston and Commonwealth hosted a Savings Innovation convening focused on integrated product design. Twenty-one banks, credit unions, and nonprofits in the region gathered to discuss financial security challenges and approaches to addressing them using an integrated product framework. Interactive exercises and brainstorming allowed participants to explore creative, multi-function solutions to complex consumer needs. The event summary report shares highlights and learnings from the convening.
The Federal Reserve Bank of Boston, in partnership with Commonwealth, invites you to attend a convening focused on opportunities to address emergency savings through the use of integrated financial products. Building on our June event that shared strategies for accumulating emergency savings, this convening will present a broader framework for integrated products that focus on consumer outcomes based on how they live their lives. Consumers, especially those who are low- and moderate-income earners, don't manage their finances in neat, functional categories. Their needs are often acute, and they want solutions that speak easily and directly to those needs. The integrated product framework draws on various financial functions, tools, or product categories to offer solutions that address consumer demands.
Goals:
- Share the integrated product framework as a way to improve consumer financial health and engagement
- Highlight integrated products in market
Who Should Attend:
This event is tailored for product leads at financial institutions and retail-banking decisionmakers.