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Many people now use financial apps to work towards their savings goals and to track the progress they’re making. Gamification is one of the strategies that the developers of these apps use to encourage people to keep using them. What is Gamification? Gamification is the process of using game … Read more about What is gamification in fintech and does it work?

Open banking is having a big impact on how people take care of their personal finances. UK consumers are protected when they allow third party financial service providers to access their data. But how is open banking changing things for consumers, businesses and banks? What is Open Banking? So … Read more about How has Open Banking impacted the UK so far?

The majority of the population from the thirty-six OECD countries are not considered financially literate. The weird thing is that it doesn’t get much attention and helping to improve it, gets few resources. The onus is put on parents to teach their kids what they know about responsible spending or … Read more about Financial Literacy; What It Is And Why It Matters

We know it’s a good idea to put some money away for a rainy day, but how many actually do it?  Not enough according to the ME Bank’s Financial Comfort Report from June 2018.  This report found that 25% of households have less than $1,000 in cash savings, and 17% of households can’t pay … Read more about Why We Use Goal Focused Savings

We want personal, we want relevant. Like most education, financial literacy is important but will likely only have an impact if it's relevant and engaging, not a one size fits all. American Economist Richard Thaler wrote an article on financial literacy back in 2013 for the New York Times, … Read more about How Fintech Apps Can Improve Financial Wellbeing

Why are millennials always broke? They aren’t! They are just struggling like the rest of the population. A recent Australian Millennial Finance Survey for 2019 found that young Australians are careful with what they have and their biggest worry is the cost of living. But forty-five percent put … Read more about Millennials and Banking; what’s happening and what’s to come.

EXCITING NEWS! We are thrilled to announce that Navag8 has been awarded an Accelerating Commercialisation Grant by the Australian Government Department of Industry, Innovation and Science as part of the highly competitive Entrepreneurs’ Programme. Navag8 will join a portfolio of over 200 other … Read more about Accelerating Commercialisation Grant

Large companies are better off buying innovative start-ups rather than innovating themselves, a top healthcare entrepreneur says. Read more on: https://www.afr.com/leadership/big-business-should-leave-innovation-to-startups-20181102-h17fwi follow us on LinkedIn … Read more about Big business should leave innovation to start-ups (via Afr.com)

There's a clear takeaway for the fintech scene from the banking royal commission's interim report: the major banks will have to get much more sophisticated at accessing and analysing spending data generated by customers. Read more … Read more about Banking royal commission interim report: Banks to tap each other’s account data (via Afr.com)

Open Banking is shaking up the financial services sector and opening up new avenues and opportunities for both banks and payment service providers (PSPs). The open API ecosystems that are emerging are helping players in the sector create next-generation value propositions – evolving their existing … Read more about Open Banking and the Evolution of Digital Payments (via Finextra.com)

Introducing Navag8’s goal focused micro-savings application for financial services businesses. White label technology improves the way your clients save and invest for the things they want.      … Read more about Have a look at what we have been up to!