Financial Solutions Lab

Workplace Financial Health Innovation: Exploring the Spectrum of Financial Guidance Solutions for Your Employees

Employees across industries are managing a wide range of financial health needs, and they are increasingly looking to their employer for support. As employers consider which financial guidance benefits to offer, they must consider a range of factors – including the makeup of their workforce, how the guidance is delivered, and cost structures – in order to identify the most high-impact solutions for their employees.

Webinar  

Navigating the True Costs of Auto Insurance for Low-income Americans

Financial Solutions Lab alums Propel and Sigo Seguros discussed providing affordable and accessible auto insurance to the Spanish-speaking market. Between higher purchase prices and the fluctuating cost of gas, auto ownership and maintenance is stretching the budgets of many households across the country. And that's before you consider the fact that a disproportionate number of drivers from immigrant and low-income communities are rated as "high risk" policyholders and pay above average insurance costs.

Workplace Financial Health Innovation: Rolling Out an Earned Wage Access Program for Your Employees

Employers, benefits platforms, regulators, and employees are paying more attention to earned wage access (EWA) products for their potential to improve employee financial health. Employers can maximize the positive outcomes of EWA products by minimizing associated fees, explaining the program mechanics to employees, and providing a complementary suite of financial resources.

Insights from the Financial Solutions Lab

This report shares lessons learned over the past five years of close collaboration and support for fintech solutions big and small. Our hope is that it serves as an invitation to join our efforts to improve the financial health of all Americans.

FinLab Snapshot 2018

To address the broad range of financial challenges facing consumers, the Financial Solutions Lab’s fourth annual Challenge focused on diversity in innovations and teams to promote new financial health solutions for diverse populations. The 2018 Snapshot Report offers insights on emerging trends in the fintech ecosystem and this year's applicant pool.