July 06, 2017

Playing the Long Game: Prize-Linked Savings Accounts Make Everyone a Winner

Though some credit unions offered prize-linked savings accounts (PLSAs) before, the passage of the 2014 American Savings Promotion Act opened the door for more banks and even an app-based startup to offer more gamified savings accounts. PLSAs, which reward clients with lottery entries for contributing to their savings, allow institutions to pay a few account […]

January 09, 2017

Wells Fargo’s Retirement City Brings Innovation to Participant Education

Between the uncertain future of Social Security and decline of traditional pensions, it has never been more important for Americans to understand what it takes to prepare for retirement. Wells Fargo is broadening its retirement outreach with its new Retirement City game—a virtual world with quizzes and challenges to sharpen retirement knowledge. Participants choose from […]