Commonwealth’s Co-Founder and Executive Director Timothy Flacke will present Prize-Linked Savings: How Banking Innovation is Driving Financial Health with partner Arijit Roy, Truist Bank at Lendit Fintech 2022.

Attend this session to hear what Truist and Commonwealth learned about how behavioral economics worked in making savings a habit, and the particular set of incentives that motivated people to build their personal savings. This pilot will serve as the foundation for Truist scaling the program and accelerating savings behavior.