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23/09/2021Banking Innovation

About

A shared-value model in banking provides an effective platform to initiate change clients need to make to improve their financial health. By providing incentives for individuals to make better financial decisions, a shared-value model in banking can generate higher savings levels, lower risk of default and increase wealth and financial resilience for society as a whole. Discovery Bank’s Shared-value Banking model leverages our proprietary behavioural change programme – Vitality Money to measure how financially healthy clients are, and in turn, reward them for managing their money well. It's simple, we believe that we'll do well when our clients do well, and society will benefit too. It's a win-win-win.

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