Help NAB Customers build, monitor and manage wealth

“In 2017, I represented Odecee to participate at NAB Labs Hackathon February 2017.
Our team won Gold whilst competing with 40 other groups.”

Time Frame

2.5 Days

Role

Lead UX Designer

Team

Visual Designer
Developer

Conducted

User Research
Affinity Diagram
Conceptualisation
Prototyping (including Alexa voice experience prototype)
Pitch

Tools

Butcher paper
Sticky Notes
Sketch

“I try to teach my child the value of money but she thinks it is a bottomless cash pit!””
— Frustrated parent

Problem

Many young children do not understand the value of money and rarely have the chance to put into practice and develop money skills.

  • Over one million Australian teens between the age of 10-17 years old (91%) has a smart phone.

  • Research shows that children who earn money through chores and used technology to track their savings are likely to have better understanding of the value of money than those who don’t.

Solution

To provide parents and children with a fun, practical, easy-to-use educational app where they can track, monitor and interact with each other whilst building good financial habits for the future.

  • Parents to track, manage allowances and access to create chores or jobs for their children, raising money-wise kids.

  • Children to learn the value of money through hard work, encourage them to save money, invest it, building good saving habits. Preparing them for adulthood.

  • For both parents, carer and children to celebrate progress and recognising the child milestones achievements.

Future state

The product follows the child through their lifecycle; tailoring to their needs.

e.g. business mindset, investment in products/real estate etc.

Execution

Utilising Authentication, Account, Payment and Customer APIs

  • Taking available data presenting in the context of a reward system.

  • Being mindful of security, sign on tokens will be stored in secured cloud location.