Mind the Product

MARCH 23, 2017

In 2013, the Bank of England scaled back the rules and regulations involved in starting a bank. They hoped to kick-start technological innovation within the banking industry through increasing competition. Each promises a more convenient and transparent banking experience compared to traditional firms.

Banking

Alchemer Mobile

APRIL 5, 2022

Subcategories for Finance Apps: Fintech, Banking, Insurance. “Why do people like mobile banking? Banking (banks and credit unions), and Insurance (auto, home, life, renters, pets, etc.). Response rates were phenomenal, with 94% for Fintech, a whopping 98% for Banking, and a high 97% for Insurance (91% overall).

Finance

The Product Guy

DECEMBER 15, 2019

In this role, Gaudio drives the strategy behind roadmap management, agile product development, and cross-functional communication. Jenna Gaudio is the Vice President of Product Management at Vydia, the award-winning tech company empowering content creators and their teams. The Best Visionary Product.

Technical Advisors

The Product Coalition

MARCH 1, 2021

Check out these Product Companies and their Public Roadmaps Photo by Tim Mossholder from Pexels Are you considering making your roadmap public? Or perhaps you constantly have customers asking about what’s coming up, where things are on the roadmap, etc. However, it can also have downsides : An additional roadmap to maintain.

Roadmap

The Product Guy

MAY 7, 2020

The path and the steps to reach the destination is defined through a product roadmap. Hence roadmapping is a crucial exercise which can make or break your product. In my opinion, apart from a bad culture, a bad roadmap can also have a devastating impact on your organizational strategy. Product Roadmap. Data vs Intuition.

Technical Review

Roman Pichler

MARCH 14, 2017

It does not cover common product management practices, such as, product strategy development, product roadmapping, and financial forecasting; and the only product management tool it offers is the product backlog. The confusion stems—at least partly—from the fact that Scrum is a simple framework focused on helping teams develop software.

Product Management

Alchemer Mobile

NOVEMBER 10, 2022

Incorporating these tools into your customer experience tech stack will drive more engagement, gather high-quality customer feedback, and help inform your product roadmap. Alkami Technology develops and delivers digital banking solutions for credit unions and banks. Mobile in-app feedback tools & solutions.

Feedback Software

Alchemer Mobile

AUGUST 5, 2020

While we saw DAU (daily active users) stay pretty consistent for traditional banking apps since the pandemic hit, it spiked for budgeting apps and other mobile-first brands. Historically, the banking experience has never been one to write home about. Step 2: Use mobile customer feedback to drive your product roadmap.

User Testing

Alchemer Mobile

JULY 21, 2020

In the banking and financial industry , the best place to gather customer feedback is typically in the app stores. They turned to their digital banking platform provider, Alkami, to begin solving the issue. Are you ready to drive product roadmap and improve the mobile customer experience? Get started with Apptentive today.

Feedback Software

Alchemer Mobile

DECEMBER 16, 2020

Between heavy increases in usage as well as staggering drops in economic activity, 2020 was a roller coaster for banks, insurance companies, budgeting apps, and everything in between. Inform or validate your product roadmap. Intercept negative reviews and drive five-star reviews. Identify gaps in communication and onboarding.

Finance

Userpilot

JANUARY 7, 2020

Roadmapping is a crucial part of every product manager’s role, but it’s safe to say a lot of PMs don’t particularly enjoy it. Luckily, there are some excellent product roadmap tools out there to help make it more bearable. In this article, we’re going to look at the most popular product roadmap tools. What will the roadmap show?

Feedback Software

Mind the Product

JULY 25, 2019

There’s nothing wrong with that, though over time many rules-based products get increasingly frustrating: ever tried calling an airline or a bank? Developing an AI roadmap is like planning an apprenticeship for your product. The post 4 Product-Driven Steps to an ArtificiaI Intelligence Roadmap appeared first on Mind the Product.

Artificial Inteligence

Alchemer Mobile

JUNE 12, 2019

Another challenge comes with the unique loyalty customers feel towards their financial institutions and banks. Inefficient customer service is one of the main reasons why customers leave their banks or financial tools. Bank offers Face ID and Wells Fargo has 128-bit encryption to mask sensitive information.

Feedback Software

Mind the Product

APRIL 16, 2020

However, I quickly discovered that there’s too much brand risk for a trusted bank to take this type of lean startup approach. Venus quickly became the key to getting everything done, including getting us a new banking licence! People were extremely privacy-conscious in Hong Kong and banks were trusted.

Weak Development Team

Product Management University

JUNE 12, 2024

Between CAB 1 and CAB 2, you’ll certainly be building and releasing new features, planning out your strategic roadmap for the coming months and quantifying the value of these solutions back to your own organization. ** Take special notice of how this process ends with your own product/business goals.

Product Research

Alchemer Mobile

JULY 25, 2024

In our digital world, it has never been easier for customers to switch banks, wealth and investment managers, or financial technologies. 40% of banking customers are willing to leave their provider for a better digital experience alone! The first step to meeting these expectations is assessing your current experience.

Reporting Tools

Alchemer Mobile

JANUARY 24, 2019

One of the most important tasks we’re faced with in business and in our personal lives is taking care of our finances, and mobile banking is already insanely popular across all demographics. According to Apptentive’s recent consumer survey , the majority of banks and credit unions offer mobile banking apps—and they are wildly popular.

Feedback Software

Product Innovation Educators

OCTOBER 24, 2016

The last episode was on the topic of product roadmaps and today we extend that topic by considering product line roadmaps – roadmaps for product lines and product families. Why product line roadmapping is important. Service platforms are quite interesting to look at, such as in the banking and insurance industries.

Research Software

Product Talk

JANUARY 31, 2024

Sebastian Wramba is a Product Manager at Netfonds AG , a company that supports independent financial advisors, private bankers, and insurance brokers and any combination of those from “lone wolves” to larger companies like private banks or networks. To begin his continuous discovery journey, Sebastian wanted to get access to customers.

Product Research

Mind the Product

APRIL 10, 2020

This in turn feeds project plans and feature roadmaps, and the micro-planning of an agile product team. Then these results can then feed back into our ideas bank and update our ICE scores. The Planning Waterfall. In most companies, we try to plan the long-term future with an organisational strategy which feeds into a product strategy.

Framework

Intercom, Inc.

APRIL 29, 2020

Adjust your product strategy and roadmap. We’ve used these inputs to re-prioritize our product strategy and roadmap. I like to think of self-service like a bank ATM – when people just need to get cash out or deposit a check, they want the fastest, most seamless option. What pain points are they facing?

Customer Experience

Mind the Product

JUNE 5, 2017

It’s not a roadmap or a KPI. Don’t: Write a wishlist (roadmap). The roadmap describes what you want to build. When we develop Pay.com, these are our product principles: We are not a bank. We disrupt banking. You can not make product decisions based on this statement. 3 – Make it Personal to Your Company.

Banking

Mind the Product

MAY 5, 2020

The feature on your product’s roadmap that previously seemed niche suddenly has far wider adoption across many more use cases than anticipated. It’s not just Main Street that is feeling the squeeze at the moment; everyone from freelancers to big banks is tumbling, and with it comes what we feel comfortable paying for, even if we value it.

Reporting Tools

Alchemer Mobile

APRIL 11, 2019

Let customer feedback drive your product roadmap. With mobile banking, the branch experience has become secondary to the digital experience, largely thanks to mobile apps. The insights you gather should inform your product roadmap and rally your development team around a single point: the customer.

Finance

Intercom, Inc.

AUGUST 30, 2022

Mercury – Banking. Mercury is a financial technology company that provides banking* made with startups in mind. Mercury’s product also includes integrations, rules, and shortcuts that were engineered to help founders spend as little time as possible thinking about banking. Mercury is a financial technology company, not a bank.

Reporting Tools

Alchemer Mobile

MAY 7, 2020

Incorporating these tools into your customer experience tech stack will drive more engagement, gather high-quality customer feedback, and help inform your product roadmap. Alkami Technology develops and delivers digital banking solutions for credit unions and banks. Core mobile in-app feedback tools & solutions.

Feedback Software

Product Innovation Educators

SEPTEMBER 23, 2024

Conclusion The strategies and experiences shared by Greg Coticchia provide a roadmap for navigating the complex landscape of product portfolio management and business growth strategies. Building Influence as a Product Manager A significant portion of the discussion focuses on how product managers can build influence without formal authority.

Healthcare

The Product Coalition

AUGUST 8, 2023

It also serves as a roadmap to establishing and expanding your business. Separate Business Bank Account Finally, the last and one of the most crucial steps is to open a separate business bank account to manage the business finances. Having a separate business bank account allows you to track expenses, profits, and taxes better.

Banking

Mind the Product

NOVEMBER 16, 2018

For Freeagent, this meant bringing forward the user’s connection to their bank. This isn’t an automatic changing of the roadmap, but it generates a conversation about how best to fix the problem that engages the whole organisation. Balanced Scorecard.

Onboarding KPIs

Pragmatic Marketing

DECEMBER 13, 2016

Everyone wants to see the product roadmap. Agile Loves Roadmaps and Plans. Agile and scrum don’t discourage the creation of a product roadmap. There is no single silver bullet for building the perfect roadmap. What makes sense for a bank selling bonds won’t work for a web company delivering a new media product.

Agile

Product Management Unpacked

JULY 9, 2020

Pendo offers a platform of tools that allows product managers to make their products better —whether they are at the beginning of their product roadmap deciding what to build or want to validate the direction for how their product evolves. What I was looking at was a product vision and a roadmap and I was like I want that job.

Analytic Tools

Mind the Product

SEPTEMBER 6, 2018

Often when product managers are pulled into customer conversations, they are asked to either present the product roadmap or help out with an escalation, neither of which are ideal for learning about the customer. During product roadmap presentations, product managers are expected to appear knowledgeable.

Enterprise

Mind the Product

MAY 13, 2019

We’re a UK-based bank and our mission is to make money work for everyone. Finally we structure the “what” – this means we create systems, frameworks and processes, rather than feeding squads a roadmap. Create Frameworks and Processes, not Roadmaps. I’m a product manager at Monzo. Explain the why.

User Testing

Product Management University

DECEMBER 12, 2019

Product roadmap re-routed and a new solution immediately validated atop the priority list. During the 2009 recession, a group of senior executives from 15 large banks told my client that they’re spending at least 90 cents of every dollar to retain current customers.

Reporting Tools

The Product Coalition

MARCH 9, 2021

The required minimum is bank cards and cash. But you can also add the ability to make payments using mobile wallets, online banking, QR codes, etc. Now that you have a roadmap of your app development, you have the necessary information to estimate the react native app development price. How much does it cost?

Reporting Tools

Product Innovation Educators

DECEMBER 17, 2018

I saw this firsthand when I got to go into people’s homes and observe their banking habits. It’s important to have your metrics and test plans in place and make sure they are part of your product roadmap. I saw this firsthand when I got to go into people’s homes and observe their banking hab.

Feedback Software

Pragmatic Marketing

NOVEMBER 7, 2016

Everyone wants to see the product roadmap. Agile Loves Roadmaps and Plans. Agile and scrum don’t discourage the creation of a product roadmap. There is no single silver bullet for building the perfect roadmap. In a nutshell: Do not bring a waterfall roadmap to a scrum product delivery.

Agile