Design for Mobile Banking App for Migrants

Itexus was entrusted to develop a mobile application that would enable its users to send money from US-issued bank cards to African countries. The app is designed to facilitate international transactions and payments from the US for non-residents. At the current phase, the target country for transfers is Nigeria, but our Client plans to increase the geography.

A web app for people working in the financial sector to create analytical models. The app uses AI-based predictive modules reflecting the credit cycles to automate decision-making in Finance. Unlike the traditional statistical approach when making one analytic model takes 2-3 months, the application enables users to build, test, and deploy multiple predictive financial models within just a few clicks.

The system uses machine learning techniques to process various content feeds in real-time and boost productivity of a financial analyst or a client relationship manager in such domains as wealth management, commercial banking, fund distribution.

Itexus was assigned to craft a neobank solution intended to serve the needs of a certain US banks’ audience segment – migrants. The app was expected to facilitate monetary transactions like financial help to families, getting paychecks early, microloans, etc.
Developing a fintech solution implies addressing certain design challenges owing to the industry specifics. In this case study, we cover the design phase of the solution development.

The system is a SaaS platform allowing the client to evaluate solvency and reliability of the potential borrowers using statistical methods of analysis of the historical and nontraditional data sources such as social network profiles and others. It allows the client to upload his normalized and anonymized database of previous loans data, build mathematical models and calculate the credit score of the future potential borrowers entering their data through the system’s web interface.

The platform automates key-decision making process with AI-based predictive modules reflecting the credit cycles. This financial platform is equipped with rich data streaming, processing, and reporting capabilities to provide real-time on-demand data.

One-page website designed to build brand awareness and attract a loyal audience before the platform release.

A money saving app that enables users to track spendings and monitor balances of linked credit cards and bank accounts, plan their finances, and automatically transfer money to savings or brokerage accounts. The app helps develop healthy financial habits with gamification features and supports viral marketing with social functionality.