What EY can do for you
The EY—MoneyLion Alliance equips financial institutions with agility and tech-enabled solutions to meet the evolving needs of today’s digital customer through our EY Nexus for Banking – Digital Marketplace solution.
Consumers expect personalized offers
The evolution of digital platforms has simplified the discovery and comparison of financial products. Access to financial advice from content creators continues to grow at a rapid pace. As consumers absorb all this information, they still seek a more personalized digital banking solution. Emerging technology is making it easier for them to discover, add and switch providers with the click of a button, but trust in the institution they do business with remains paramount.
Consumers, on average, have multiple financial relationships and consider personalized financial services, tailored to their needs, a core requirement and financial institutions must deliver. Banks and credit unions who can establish trust and deliver those personalized offers in moments that matter will find organic growth and deepening customer relationships.
Benefits of our Digital Marketplace solution
With the EY Nexus for Banking – Digital Marketplace, EY and MoneyLion deliver a turnkey solution that makes it possible to rapidly offer the digital products and experiences that resonate with consumers. The solution helps banks and credit unions leapfrog stages of development, all with strategic advisory services to help maximize the return on digitization efforts while understanding and reducing the impact of implementing a new banking channel.
With an increased focus on data and customer analytics, institutions can leverage Digital Marketplace to increase wallet share by offering tailored financial solutions and targeted marketing. The insights can also help institutions cross-sell new and existing financial products and third-party offers.
This comprehensive suite empowers banks and credit unions to navigate the digital consumer landscape successfully – accelerating growth through efficient acquisition, expanding customer footprint, and exploring novel revenue channels all within an integrated marketplace.
A jumpstart program for rapid value realization
Our EY and MoneyLion teams can help jumpstart your institution’s digital roadmap with a rapid yet rigorous implementation approach that unlocks early access into digital channels. This streamlined jumpstart program powers a rapid realization of value, allowing banks and credit unions to start to see account growth faster than ever before.
EY teams’ sector knowledge and technology assets integrate seamlessly with MoneyLion's leading technology platform to offer an end-to-end solution for sustainable business growth in the dynamic financial services sector.