Savings Innovation Convening Savings Innovation Convening

Integrated Product Design to Build Savings Integrated Product Design to Build Savings

Tuesday, December 5, 2017
9:30 a.m.-2:00 p.m.
Connolly Center, 4th Floor
Federal Reserve Bank of Boston
600 Atlantic Avenue
directions & visitor information

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.

Agenda

9:30 a.m. - 10:00 a.m.

Breakfast/Registration

10:00 a.m. - 10:30 a.m.

Introduction and Icebreaker

10:30 a.m. - 11:00 a.m.

Integrated Framework Overview

11:00 a.m. - 11:15 a.m.

Review Product Examples

11:15 a.m. - 11:25 a.m.

Introduction to Consumer Profiles

11:25 a.m. - 12:00 p.m.

Mapping Profiles to Products

12:00 p.m. - 12:30 p.m.

Lunch and networking

12:30 p.m. - 1:30 p.m.

New Product Brainstorm

1:30 p.m. - 2:00 p.m.

Wrap up and Next Steps