Press Releases
MEDIA CONTACT
Jackie Jusko
Cell: 216-374-0945
jjusko@buildcommonwealth.org
Commonwealth works in collaboration with partners and foundations to announce new initiatives, opportunities, impact, and milestones that inform and influence employers, the financial services industry, fintech innovators, policymakers, and beyond. Access our press announcements highlighting our latest research, partnerships, progress, impact, case studies, and more.
The BlackRock Foundation and Commonwealth Research Reveals Majority of Low and Moderate Income Americans Now Invest in Capital Markets
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…
Commonwealth Collaborates with JPMorgan Chase to Examine the Effect of Emerging Technology on Financially Vulnerable Americans
New Research Will Focus on Financial Services Innovators & Providers, Advance the Ongoing Public Conversation About Who Should Benefit from Innovation BOSTON – Today, Commonwealth and JPMorgan Chase announced the next phase of their collaboration to address the challenges and…
Statement from Timothy Flacke on the passage of the SECURE 2.0 Act and its associated emergency savings provisions
We are pleased to see emergency savings provisions advance as part of the passage of the SECURE 2.0 Act of 2022, including the Emergency Savings Act introduced by Senators Booker and Young and the Enhancing Emergency and Retirement Savings Act…
New Study Reveals Gig Workers Need Unique Benefits to Reduce Financial Challenges
Research collaboration by Commonwealth, Green Dot, Gig Wage, and Steady focuses on which financial tools and resources can help reduce impact of income volatility among gig workers AUSTIN, Texas–(BUSINESS WIRE)–Despite rapid growth of the U.S. gig economy, the majority of…
Commonwealth Launches Investor Identity Research Project with Support from The Nasdaq Foundation
Research project by Commonwealth to examine investor identity to cultivate inclusive investor ecosystem BOSTON, Sept. 29, 2022 /PRNewswire/ — Commonwealth, a non-profit financial innovation lab, announced today its new project Transforming Investor Identity: A National Demonstration, aimed at shifting perceptions of investor identity, making investing…
Statement from Commonwealth on the Overturning of Roe v. Wade
The Supreme Court’s ruling to overturn the landmark 1973 Roe v. Wade decision will have a swift and negative long-term impact on the financial security of millions of Americans. The guaranteed right to make autonomous decisions about one’s reproductive health…
New Research Indicates Digital Wallet Uptake Could Have a High Impact on Financial Security for Underserved Consumers
BOSTON – Research shows that making saving easy increases the likelihood that people will save. A new study from the national nonprofit Commonwealth is uncovering the potential of digital wallets to address this need and have a positive impact on…
Commonwealth Launches Inclusive Product Design Resource Center for Fintech and Financial Services
BOSTON – Commonwealth, a national nonprofit that builds solutions to enable financial security and wealth building for all, has launched a resource center for inclusive product design for fintech and financial services. The resource center presents actionable insights and recommendations…
Commonwealth Announces Exciting Website Redesign
Commonwealth is thrilled to announce our new website! We invite you to explore our redesigned site at buildcommonwealth.org. While there has been an overall increase in digital engagement in recent years, the nature and conditions of the pandemic significantly accelerated…
Green Dot® Invests in Research Initiative to Advance Financial Security and Inclusion of Gig Workers
Research collaboration, led by nonprofit Commonwealth, to focus on improving income sufficiency and stability for lower-income Black, Latinx and female gig workers PASADENA, Calif. – September 2, 2021 — Green Dot Corporation (NYSE: GDOT) today announced it is investing in a new research…
Investing App Public.com & Nonprofit Commonwealth Launch Partnership to Help Close the Racial & Gender Wealth Gap Through Investing
BOSTON – Commonwealth, a nonprofit organization focused on financial security and opportunity, today announced a partnership with Public.com, the investing app on a mission to make the public markets work for all people. This cross-sector partnership will combine Commonwealth’s deep…
Anticipating a Major Opportunity to Advance Financial Security, Commonwealth Scales Tax Credit Access Initiative For Low- and Moderate-Income Families of Color
BOSTON–Commonwealth, a national nonprofit building financial security and opportunity through systemic change, today announced the ARPA Access Initiative, funded by JPMorgan Chase, Prudential Foundation, The Rockefeller Foundation and the W.K. Kellogg Foundation. The fundamental changes to the tax code included…