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
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.