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D2D Tests Innovations on Prize-Linked Savings, Mobile Phone Applications, and Prepaid Cards for Financially Vulnerable Consumers

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  • Keith Rolland

Abstract

The Doorways to Dreams (D2D) Fund, a 15-year-old nonprofit headquartered in the Boston area, designs and develops innovations that strengthen the financial opportunity and security of financially vulnerable consumers. D2D?s innovations have included work on prize-linked savings (PLS),1 phone applications, and prepaid cards. D2D has also developed Financial Entertainment, a suite of casual video games that teach financial concepts. Cascade asked Timothy Flacke, executive director of D2D, about the organization?s latest work.

Suggested Citation

  • Keith Rolland, 2015. "D2D Tests Innovations on Prize-Linked Savings, Mobile Phone Applications, and Prepaid Cards for Financially Vulnerable Consumers," Cascade, Federal Reserve Bank of Philadelphia, vol. 2, April.
    • Handle: RePEc:fip:fedpca:0043
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