Deposits Module Revamp Process
Deposits Module Revamp Process
Previous designs and Decision
The existing design of the deposits module was developed with a focus on providing customers with the ability to select different types of deposits, open or close deposits quickly, add nominees, and choose from a variety of interest rates and durations.
Now, the task at hand is to elevate the module by introducing essential features and offering more customisable options for customers. Additionally, there is a need to emphasise higher interest rates to attract more deposits, thereby enhancing the bank's deposit base and overall performance.
Competitive Analysis
I conducted a competitive study to gain insights into how other financial institutions have designed their deposit modules in their mobile apps. By analysing competitors' offerings and user experiences, I identified strengths, weaknesses, and opportunities for improvement in our own deposit module. During the analysis, I evaluated various aspects such as user interface, ease of use, navigation, deposit opening process, deposit options, interest rates, customisation capabilities, and overall user experience. By comparing and benchmarking against competitors, I identified areas where we can enhance our deposit module to provide a competitive advantage and deliver a superior user experience.
Previous designs and Decision
The existing design of the deposits module was developed with a focus on providing customers with the ability to select different types of deposits, open or close deposits quickly, add nominees, and choose from a variety of interest rates and durations.
Now, the task at hand is to elevate the module by introducing essential features and offering more customisable options for customers. Additionally, there is a need to emphasise higher interest rates to attract more deposits, thereby enhancing the bank's deposit base and overall performance.
Competitive Analysis
I conducted a competitive study to gain insights into how other financial institutions have designed their deposit modules in their mobile apps. By analysing competitors' offerings and user experiences, I identified strengths, weaknesses, and opportunities for improvement in our own deposit module. During the analysis, I evaluated various aspects such as user interface, ease of use, navigation, deposit opening process, deposit options, interest rates, customisation capabilities, and overall user experience. By comparing and benchmarking against competitors, I identified areas where we can enhance our deposit module to provide a competitive advantage and deliver a superior user experience.
Overall, the competitive study provided valuable insights into industry best practices, emerging trends, and customer expectations for deposit modules in mobile banking apps. These findings guided our revamp efforts, enabling us to develop a modern, user-centric, and feature-rich deposit module that meets our customers' needs and positions us as a leader in the digital banking space.
Overall, the competitive study provided valuable insights into industry best practices, emerging trends, and customer expectations for deposit modules in mobile banking apps. These findings guided our revamp efforts, enabling us to develop a modern, user-centric, and feature-rich deposit module that meets our customers' needs and positions us as a leader in the digital banking space.
Storyboard
The storyboard aims to visually depict the user journey and interactions within the bank deposit module. Through sequential notes, we gain insights into the flow, usability, and overall user experience. By capturing scenarios such as deposit account opening, selection, and transaction confirmation process, the storyboards help identify pain points and areas for improvement. These storyboards cover the end-to-end user journey for various use cases.
Storyboard
The storyboard aims to visually depict the user journey and interactions within the bank deposit module. Through sequential notes, we gain insights into the flow, usability, and overall user experience. By capturing scenarios such as deposit account opening, selection, and transaction confirmation process, the storyboards help identify pain points and areas for improvement. These storyboards cover the end-to-end user journey for various use cases.
User story map
The story map for the bank deposit module in the mobile app provides a high-level overview of the tasks and features to be included in the initial release. It outlines the user stories and their prioritisation, helping to align the development team and stakeholders on the roadmap. The story map includes essential tasks such as deposit account creation, deposit selection, entering deposit details, reviewing interest rates, among others.
User story map
The story map for the bank deposit module in the mobile app provides a high-level overview of the tasks and features to be included in the initial release. It outlines the user stories and their prioritisation, helping to align the development team and stakeholders on the roadmap. The story map includes essential tasks such as deposit account creation, deposit selection, entering deposit details, reviewing interest rates, among others.
Design System Tweaks
Before proceeding, I would like to emphasise that we had to create new components and introduce new elements into the design system. When undertaking a revamp, it becomes essential to update and enhance the design system to ensure its relevance for future use.
Design System Tweaks
Before proceeding, I would like to emphasise that we had to create new components and introduce new elements into the design system. When undertaking a revamp, it becomes essential to update and enhance the design system to ensure its relevance for future use.
Designs
We have identified several key components that are explained in detail to provide an optimal design solution for both existing and new bank customers. The flow has been minimised and enables faster deposit account opening while the customer is exposed to new features and customisable options.
Designs
We have identified several key components that are explained in detail to provide an optimal design solution for both existing and new bank customers. The flow has been minimised and enables faster deposit account opening while the customer is exposed to new features and customisable options.
Thank you ! Do check out other work.
Thank you ! Do check out other work.
