mBank is one of my biggest projects. My roles: in-house UI designer, UX, and project manager.
The project's main challenge was to create a mobile banking app that would be interactive, simple, and user-focused.
The app's objective was to lead the user to smarter buying decisions, and therefore to saving more money. At the end of the month, the saved money could be transferred to a savings or investment account.
On top of the regular functionalities of a banking app — transferring and receiving money, checking the balance, communicating with the bank, requesting a loan — users had the possibility to create a savings account based on their own goals.
We built in-app financial goals. We found that if users can have a clear goal in mind and also visualize it, they are more willing to make it happen.
Numbers, money, and banks are, for most people, either scary or boring. So we asked the users some key questions to help us along the road.
After many interactions and idea-testing, we implemented the in-app financial goals.
Security
For safety and compliance reasons, we had to confirm login with a security token. A good compromise for us, because in the beginning we had to use it for all transactions — because you never know when a thief will pay your phone bill or see that you can save some money.
User research
We asked the users some key questions to help us along the road:
Picture this. You are passing by a nice cruising boat, thinking that you always wanted to take some time off and go see the oceans. What if you could take your phone from the pocket, snap a picture, and set up a financial goal on the spot for accomplishing this dream? You set an amount and, based on your buying behavior, the app does the math and works toward your goal.
Behaviour
The more a client uses his credit card, the more the app will learn from his behavior. So, for example, if a user's monthly groceries are around $100, but in the last month he spent just $50, the saved amount will be automatically deposited to the financial goals set up in the app.