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Comm'n Cents Banking App

Money management made easy for smart teens


Purpose
  • Teach teens how to manage their finances.

  • Provide convenience and accessibility.

  • Promote financial independence & responsibility.


Competition

Direct Competition: Greenlight, Current, and Till

Indirect Competition: Traditional Banks


Positioning Statement:

Comm'n Cents features an intuitive design for teens, helping them master money management. Additionally, it offers quick and convenient transfers for allowances, chores, or emergencies without needing cash.


The Process

Survey forms were sent to parents of teens and teens, the primary users.

Research Participants

Demographics and psychographics.  

Affinity Mapping / Data Synthesis
Insights:

Most parents welcomed their teens using the banking app, provided it included parental controls, offered financial education and ensured safety.


How Might We...

"How might we create a suitable mobile banking app for teens that promotes saving, safe spending, and enhanced financial education?"




Wireframes




PROTOTYPE

https://www.figma.com/proto/ngE5Y6HmLKW2o0VK8rKNjJ/Comm'n-Cents-Banking-App-Prototype?node-id=75-1310&t=RHHcLWTboR98aBdY-1&scaling=scale-down&content-scaling=fixed&page-id=0%3A1&starting-point-node-id=75%3A1310



VIDEO WALKTHROUGH


Next Steps
  • Finish the interaction on the teen side of the app

  • Finalize the design and interaction for the parent side of the app

  • Usability testing

  • Review data

  • Inform the next Iteration

  • Deployment

  • Ongoing Maintenance and updates.



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