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Financial Health

The financial health module allows your users to get a snapshot of how healthy their financial life is from various points of view and receive automated recommendations on what actions to take to improve it. If the user desires so, we can add their bank details for a continuous evaluation.

Financial health Coinscrap

Financial Health

The financial health module allows your users to get a snapshot of how healthy their financial life is from various points of view and receive automated recommendations on what actions to take to improve it. If the user desires so, we can add their bank details for a continuous evaluation.

Why a Financial Health Module
in my bank

Reasons

  • Households with financial plans are 2.5x more likely to save enough for retirement.
  • Individuals with financial plans feel 83% better about their finances after just one year.
  • Households with financial plans make better financial decisions with confidence.

Benefits

  • Get a complete picture of your users' finances and automatically find out what their areas of improvement are.
  • Uncover frictionless cross-selling opportunities for the user.
  • Change the distribution strategy of your financial products from a push mode to a pull mode where users seek to improve their financial health with your products.
Financial Health Coinscrap

Finantial Health

Find out through a short form what is your financial health from different points of view.

Keep your financial health up to date automatically by adding your accounts through PSD2.

Analysis and Recommendations

The financial health score is obtained after an analysis of various aspects of the user’s financial life: 

  • Financial situation.
  • Deceased protection.
  • Safety net and financial targets.
  • Retirement
  • Protection of non-financial assets.

Offer your users personalized recommendations to improve their situation in each of the aspects analyzed.

Financial Health Coinscrap
Financial Health Coinscrap

Product Manager

Include in the personalized recommendations the marketing of products best suited to your situation.

Change your financial/insurance company’s product marketing strategy from a push strategy to a pull strategy where the user understands the product he/she needs.

Improve your KPI's

Improved perception of the company resulting in an improved Net Promoter Score (NPS).

Improve the ratio of insurance and pension plans.

Increase in the cross-selling ratio of insurance and financial products.

Who is this module for?

Financial Institutions

Insurances

Brokers or Insurance Corridos

Agents or mediators

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Find out why top global banks and insurers choose Coinscrap’s financial services for their corporate financial management.

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