View these slides to see:
- The importance of making digital money management the focus of a digital banking strategy
- How digital money management solutions help customers better understand their financial situation
- How to use context to help customers make better financial decisions through personalized advice
- How MX helps users save and be paired with better financial products through its FinSmart program
4. A set of integrated online and mobile tools
for money management, typically including
but not limited to account aggregation,
automatic transaction categorization, goal
setting, and forecasting.
30. “Our first implementation of PFM was
working on a batch process. We were
uploading data at night. If you want to
provide effective and accurate hints to
customers, you need real-time data. You
must be providing feedback in real time.”
-Head of eBusiness at a US bank
Good morning, my name is XXXXXX I work for MX based in Utah.
Simply put, we are developing world class software that is powerful, good looking and easy to use. This software helps FI’s rebuild relationships that were eroded during the digital age of banking (i.e. most interactions now happen at the other end of a smartphone or laptop) and the analytics allow you to become a true advocate for the end customer.
We believe that FI’s who become true advocates for the end user will grow value for both the user and the institution.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the customer not the other way round.
We need to ensure that your technology works for the not the other way round.
n the past, FI’s grew by either acquiring distressed assets at a low price or invested huge amounts in direct marketing campaigns. The last few years have seen very few failures so acquisitions continue to be risky but also higher priced. Traditional advertising generates a declining ROI as more people move towards an analytics approach – Netflix for movies, amazon for retail , MX for banking.
Some commentators within the industry believe that we will experience an extremely radical change where FI’s and their data will move closer to Google than traditional banking of today.