In this week's issue of Competitive Intelligence Update we explore the topic of money management. More specifically the development of money management tools by Mogo and Scotiabank.
Mogo’s wealth-building app
Vancouver-based digital wealth and payments firm, Mogo, recently announced the launch of Moka.ai, an updated version of its investment app that incorporates behavioural science with a long-term investing strategy to help Canadians build wealth.
Scotiabank’s new money tool
Scotiabank created a new money management tool to help Canadians understand their own attitudes towards money as well as the attitudes of their loved ones in order to ease the emotional strain often associated with money discussions and improve financial literacy.
The issue also explores National Bank’s new campaign countering financial advice stereotypes, a new rule from OSFI, and new strategic partnerships.
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