Blog
Access Commonwealth’s latest thinking, new ideas, and practical insights from our team of innovators, researchers, and business experts.
Designing Financial Solutions for Elder Caregivers
Ellevest and Public Join Investor Identity Research Project to Help Close the Racial and Gender Wealth Gap Through Investing
Launched During Women’s History Month, This Commonwealth Project, Supported by The Nasdaq Foundation, Will Explore How Investor Identity Shapes New Investors Investing in capital markets is one of the most effective paths for people to build long-term wealth and financial…
How Payroll Providers Can Advance Worker Emergency Savings: 3 Key Takeaways
Providing a liquid, high-quality emergency savings option through the workplace is key to improving financial security and building wealth for workers living on low and moderate incomes (LMI). It is also of great value to companies as emergency savings3 reduces…
How Payroll Providers Can Advance Worker Emergency Savings: New Webinar on December 8, 2022
Hosted by Commonwealth with support from BlackRock’s Emergency Savings Initiative. Traditional employee benefit packages tend to help those earning higher incomes and rarely address the most pressing needs of workers living on low and moderate incomes (LMI). These workers may…
Boosting savings with payments
Originally posted on Fintech Talents. New Research: Digital Payments and the New Opportunity to Increase Savings (Charvi Gandotra, Senior Strategy and Innovation Manager, Commonwealth) The adoption of digital payments solutions, including peer-to-peer apps, digital wallets, and contactless payments apps, has seen…
Commonwealth and Public.com Partnership Reveals the Impact of Inclusive Design
Originally posted on Public.com. Public.com partnered with Commonwealth, a non-profit financial innovation lab, to facilitate a seven-month pilot program that would study the possible effects and impact of inclusive technology design on investing outcomes for underrepresented populations. Today, we’re sharing the results of…
Designing Automated Finance for Customers Living on Low to Moderate Incomes
Commonwealth partnered with Otomo and MSUFCU to gain insight into how households living on LMI perceive AI-driven financial automation apps.
Rising Adoption of Contactless Payments and Digital Wallets
Over the last two years, digital payment solutions, including peer-to-peer apps, digital wallets, and contactless payment solutions, have grown in popularity and adoption. With 125 million American mobile payment users predicted by 2025, Commonwealth sought to understand the potential for…
Rising Adoption of Contactless Payments & Digital Wallets
The adoption of digital payments solutions, including peer-to-peer apps, digital wallets, and contactless payments apps, has seen significant growth since the start of the COVID-19 pandemic. In fact, 59% of Americans now use more apps to manage their money than…
Exploring Shared Ownership and Blockchain Technology
Owning real estate remains one of the most important paths to building long-term wealth in the United States today, second only to retirement accounts. At the same time, rising housing prices and the need to come up with large down…
Commonwealth & SaverLife Research Instrumental in RISE & SHINE Act
Utilizing a study from Commonwealth and SaverLife, Senators Todd Young (R-Ind.) and Cory Booker (D-NJ) introduced the Emergency Savings Account Act of 2022 with the goal to facilitate convenient and affordable access to workplace emergency savings accounts. This bill was…