Assisted Finance 2.0

Millennials turn to tracking apps to better keep tabs on their finances

Implications - Tracking finances is no easy feat, and consumers are looking for more streamlined solutions to make banking and saving money more intuitive. Tapping platforms and services that integrate organizational capabilities and AI features, consumers seeking out ways to better track and monitor their savings through tech and platforms they're already accustomed to. Utilizing predictive technology and organizational frameworks, consumers are taking a hands-off approach to keeping their finances in line through emerging technology, apps and platforms that they're already used to using.

Workshop Question - In what ways could you make your product offerings more efficient and hands-off? What technology could you integrate?
SCORE 4.6
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14,244 Total Clicks
Jan 18 - Sep 18
This Quarter and Untested
TechMobile
Featured Examples
Hybrid AI Finance Apps - The Wela App is Geared Toward Millennials and Young Families
SCORE 5.9
This Year and Warm 432 Clicks Pub: Jan 17, 18
Hybrid AI Finance Apps
The Wela App is Geared Toward Millennials and Young Families
As the Millennial cohort ages, the ability to manage finances becomes more and more important, and the Wela app is a tool aiming to help in that regard. But rather than relegating money management... [More]
AI Finance-Tracking Platforms - 'Cashiya' Generates Accurate Reports on Your Spending Habits
SCORE 3.8
This Year and Mild 134 Clicks Pub: May 16, 18
AI Finance-Tracking Platforms
'Cashiya' Generates Accurate Reports on Your Spending Habits
Getting approved for loan usually consists of the bank running a credit check and providing a general option based on the results, but the ‘Cashiya’ platform takes a different approach... [More]
Voice-Activated Banking Assistants - The NAB Skill for Amazon Alexa Makes for Hands-Free Banking
SCORE 3.2
This Year and Mild 200 Clicks Pub: Jan 18, 18
Voice-Activated Banking Assistants
The NAB Skill for Amazon Alexa Makes for Hands-Free Banking
The National Australia Bank recently introduced the NAB Skill for Amazon Alexa, which makes it possible for customers to connect their account to any Alexa-enabled device to quickly receive answers... [More]
Organized Finance-Optimizing Apps - 'Astra' Helps You Efficiently Achieve Your Savings Goals
SCORE 3.9
This Year and Mild 90 Clicks Pub: Aug 17, 18
Organized Finance-Optimizing Apps
'Astra' Helps You Efficiently Achieve Your Savings Goals
An increasing number of consumers are looking for solutions to manage their own finances rather than opting to let banks do the work to save on fees and maintain more autonomy, which is where... [More]
Bank Fee-Tracking Apps - 'MyHiddenFees' Helps Consumers Take Control of Their Finances
SCORE 3.4
This Year and Mild 91 Clicks Pub: Jun 16, 18
Bank Fee-Tracking Apps
'MyHiddenFees' Helps Consumers Take Control of Their Finances
Consumers like Millennials are becoming increasingly more comfortable with handling their own finances, which is seeing new solutions like ‘MyHiddenFees’ come about. The app works by... [More]
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