Given the increasing commoditisation of financial services, brought about by digitisation and open banking, increased competition from agile, innovative and cashed up fintechs and a growing interest in financial wellness, customer engagement is rapidly climbing to the top of the list of priorities of financial services executives looking to acquire and retain customers. For those…
Financial literacy is as old as finance itself. In 1737 Benjamin Franklin was 31and wrote a column titled “Hints For Those That Would Be Rich.” He signed off with a bit of financial advice: “A penny saved is two pence clear.” Since then there has been no end to the financial literacy programs being rolled out by governments, schools, banks…
There are certainly many classic Jobs quotes and interviews but this one on the tail wagging the dog is certainly up there Fabulous Le Guru “You have to start with the customer experience and work back to the technology, not the other way around” Can you hold up the piece of paper (your product) and…
Almost 40% of workers in the United States are woefully unprepared for retirement, with less than $25,000 in total savings and investments. That’s not a huge surprise when you consider that 21% of workers with an employer-sponsored retirement plan are not contributing to their plan 44% are saving less than 10% of their income 33% are not familiar with…
Moroku is passionate about building long term value by helping kids learn the fundamentals of banking and including them in the financial system. Our beliefs create our reality and if we can influence these positively magic can happen. Fintech companies are targetting the Millennials market segment across the world and challenging existing banks and credit unions.…
Banking The Underserved As Chore Scout is creating a new segment, so too is Fintech Bank: a de novo bank startup in the USA focussed on banking Money Service Businesses. These include pawn brokers, pay day lenders, cheque cashers, title loan shops and other non-traditional financial providers. It is estimated that more than 40% of…
Temenos have 40 of the top 50 banks in the world running their software. After Moroku’s Chore Scout app was awarded 3rd best retail banking innovation in the world, by Temenos and their customers at their Innovation Jam in May last year, much has happened. After looking at 873 FinTech’s globally, Moroku Chore Scout has…
The Community Reinvestment Act (CRA), enacted by the United States Congress in 1977 is intended to encourage depository institutions in the USA to help meet the credit needs of the communities in which they operate. Congress passed the Act in 1977 to reduce discriminatory credit practices against low-income neighborhoods, a practice known as red lining.…
Techboard’s inaugural national annual celebration of Trending Australian Startups and Young Tech Companies, the Techboard 2017 awards will be taking place in Sydney on the evening 30 November 2017 at the Launch Party for StartCon, Australia’s largest Startup Conference Moroku has made it into the top 10 up and coming tech companies in Australia off…
