View Business Profile

Financial Wellbeing

Relevant Regions

Business Needs

Website Address

https://www.doconomy.com/

Connect with Doconomy
Solution introduction

Driving Financial Wellbeing

Financial wellbeing is an enabler of long-term sustainability commitment. And reducing financial stress is key to increased average customer lifetime value

Financial wellbeing in a cost-of-living crisis
In an environment of rising costs and higher interest rates, financial wellbeing has never been a more critical, and yet challenging, topic. Banks must explore creative approaches to help customers shift consumption habits.

Even in regular economic periods, addressing the intention-action gap where customers do not take intended and fiscally responsible long-term choices to save is key to enabling them to have a buffer and feel financially secure.

Building a customer base free of financial stress opens up a range of opportunities, from partnering with customers on building their wealth or taking them on a journey of more mindful, sustainable consumption.

 

Subscribe to our newsletters

The Wealth Mosaic publishes a range of newsletters each month to help both wealth managers and solution providers stay on top of the latest developments in the global wealth management sector. Click below to sign up to those that are of interest.