Savings Innovation Convening: Using AI to Build Financial Security

Categories: Conversational AIEmerging Technology

Over the past year, Commonwealth has hosted a series of Savings Innovation convenings in partnership with the Federal Reserve Bank of Boston (the Boston Fed) for banks, credit unions, and key regulators in the region. Each session focused on a different approach to address the troubling national statistic that one in four households does not have $400 readily available for emergencies. At our event on June 14, 2018, we turned our attention to the use of big data and artificial intelligence (AI) to build customer-centric savings tools.