Using Financial Technology to Improve Consumers’ Financial Health, a Conversation with Special Guest Leigh Phillips, President and CEO of SaverLife and Chair of the CFPB’s Consumer Advisory Board (CAB)

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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.

Alan Kaplinsky, Senior Counsel in Ballard Spahr’s Consumer Financial Services Group, hosts the conversation.

View the recording transcript here. 

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