Financial Services (105)
Show me my money
Rising from the ashes of the traditional banking industry in America, Kasasa (BancVue) is a website that offers customers savings and current accounts with a personal twist. In addition to the cashback and automatic savings plans commonly seen in the major banks, Kasasa has paired with less traditional partners such as charitable foundations and iTunes to give their customers a choice in what they do with their money. For example, the Giving account automatically donates high interest and a per-debit-transaction to your choice of one of 5 charities. The iTunes account comes with a number of free iTunes downloads per month.
Why it matters
There are a couple of powerful forces at work here. First, banks are in dire need of transparent and more altruistic practices, and people want more control over their money. Second, philanthropy has long been relegated to the upper echelons of society, and you could really only make a difference if you could give a lot. Today, thanks to the scalability of the internet, giving belongs to anyone. Now, people can easily make small donations that add up to a big impact. How can brands turn a small gift - whether on your behalf or the customers’ - into a big love?
Source: Finovate 2009
19. November 2009
ING Nationale-Nederlanden insurance company has launched an online social awareness campaign that shows the amount of active time people need to work to enjoy a comfortable level of income when they retire.
www.ingtunumero.es invites consumers to discover "their number”. This number indicates the amount they have to save - from now until their retirement date - to ensure their desired standard of living.
The Commerzbank is the first bank in Germany which offers a customer advisory board – the so called Kundenbeirat. Forty elected private and business customers of the bank are engaged to mediate between the bank and the needs of customers – with the aim to develop better customer service or to create more innovative products.