Digital Banking and PFM in South Africa

PFM stands for Personal Financial Management and refers to the digital tools that people use to manage their financial lives. The purpose of PFM solutions is to simplify money management and help people make better financial decisions.

At its most basic, PFM solutions provide simple money management tools such as transaction analysis and categorisation. However, advanced PFM solutions can offer much more and can include a full suite of personalised insights, recommendations and nudges to help their users improve their finances.

PFM stands for Personal Financial Management and refers to the digital tools that people use to manage their financial lives. The purpose of PFM solutions is to simplify money management and help people make better financial decisions.

At its most basic, PFM solutions provide simple money management tools such as transaction analysis and categorisation. However, advanced PFM solutions can offer much more and can include a full suite of personalised insights, recommendations and nudges to help their users improve their finances.

With the state of consumer wellbeing in Australia continuing to face pressure due to shifting economic conditions and environmental disruptions, it’s a smart move for Mutuals to focus on improving their members financial wellness.

To achieve this, Mutuals can enhance their digital services with:

  • Personalized insights
  • Financial literacy resources
  • Objectifs d'épargne
  • Budgeting tools
  • Predictive money management
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Consumers in South Africa are embracing and adopting digital solutions, causing a big shift in how financial services are used and accessed.

PFM solutions can play a crucial role in driving this digital shift as they provide tools which allow users to manage their finances effectively. This enables users to:

  • Track expenses
  • Create budgets
  • Analyse spending habits
  • Set financial goals
  • Visualise financial data
  • Get personalised financial tips and recommendations

By leveraging PFM solutions, financial institutions can increase digital adoption and financial inclusion. Read more about this in our whitepaper

With the state of consumer wellbeing in Australia continuing to face pressure due to shifting economic conditions and environmental disruptions, it’s a smart move for Mutuals to focus on improving their members financial wellness.

This will not only reduce your members stress, but it will also boost mental, emotional, and financial security, while enhancing retirement readiness and flexibility.

To achieve this, Mutuals can enhance their digital services with:

  • Personalized insights
  • Financial literacy resources
  • Objectifs d'épargne
  • Budgeting tools
  • Predictive money management

With the state of consumer wellbeing in Australia continuing to face pressure due to shifting economic conditions and environmental disruptions, it’s a smart move for Mutuals to focus on improving their members financial wellness.

To achieve this, Mutuals can enhance their digital services with:

  • Personalized insights
  • Financial literacy resources
  • Objectifs d'épargne
  • Budgeting tools
  • Predictive money management
2
3
4
5

Consumers in South Africa are embracing and adopting digital solutions, causing a big shift in how financial services are used and accessed.

PFM solutions can play a crucial role in driving this digital shift as they provide tools which allow users to manage their finances effectively. This enables users to:

  • Track expenses
  • Create budgets
  • Analyse spending habits
  • Set financial goals
  • Visualise financial data
  • Get personalised financial tips and recommendations

By leveraging PFM solutions, financial institutions can increase digital adoption and financial inclusion. Read more about this in our whitepaper

Download the white paper
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Étapes suivantes : synchroniser un module complémentaire de messagerie

Pour tirer le meilleur parti de votre formulaire, nous vous suggérons de synchroniser ce formulaire avec un module complémentaire de messagerie. Pour en savoir plus sur vos options de module complémentaire de messagerie, visitez la page suivante : (https://www.gravityforms.com/the-8-best-email-plugins-for-wordpress-in-2020). Important : Supprimez cette astuce avant de publier le formulaire.
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Increase digital adoption & financial inclusion

with Moneythor’s data-driven, real-time and actionable insights, recommendations and nudges

Landing Page Image How Australian Mutuals Can Improve Wellbeing (2)

Request A Demo

Caché

Étapes suivantes : synchroniser un module complémentaire de messagerie

Pour tirer le meilleur parti de votre formulaire, nous vous suggérons de synchroniser ce formulaire avec un module complémentaire de messagerie. Pour en savoir plus sur vos options de module complémentaire de messagerie, visitez la page suivante : (https://www.gravityforms.com/the-8-best-email-plugins-for-wordpress-in-2020). Important : Supprimez cette astuce avant de publier le formulaire.
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Interested to learn more about bien-être financier et personalisation? Download one of our guides

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Interested to learn more about bien-être financier et personalisation? Download one of our guides

Gamification Download To Read Later
Download To Read Later
Islamic Banking Download To Read Later 429x600