Following recent legislative successes that have removed barriers to financial institutions offering prize-linked savings (PLS), D2D is excited to continue playing a significant role in designing, testing, and scaling PLS opportunities in the US.
Following exciting momentum from the passage of the federal American Savings Promotion Act, which removed federal barriers that prohibited banks and thrifts from offering prize-linked savings (PLS) accounts, Michigan passed two laws that expand opportunities for residents to save money
Yesterday, December 10, the Senate unanimously passed the American Savings Promotion Act, legislation that expands the ability of financial institutions to offer innovative prize-linked savings (PLS) accounts.
D2D’s longtime partnership with Staples was featured as a case study in the CFPB report “Financial Wellness at Work”. The case, titled “Leveraging Technology to Lower Costs and Deliver Scale,” highlighted D2D’s work with Staples to build a gamified financial wellness program for their employees.