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What This Startup Teaches Us About Behavioral Economics

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Manage episode 418566368 series 3568392
Content provided by Mary Wisniewski & Cornerstone Advisors, Mary Wisniewski, and Cornerstone Advisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mary Wisniewski & Cornerstone Advisors, Mary Wisniewski, and Cornerstone Advisors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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Debbie, an early-stage fintech startup, is rewriting the rules on rewards. Instead of offering consumers rewards for spending, Debbie offers rewards for paying down their debt and saving money at a time when credit card and auto loan delinquency rates have increased to their highest level since the Great Recession, per data from the Federal Reserve Bank of New York

Today’s episode: Mary sits down with Debbie’s CEO and Co-Founder, Frida Leibowitz. They chat about how to drive engagement on a dreary subject, offer unexpected techniques to develop a vibrant user community, and discuss something seemingly counterintuitive: How too many resources can interfere with building a bank product – something Frida witnessed firsthand while previously working at Goldman Sachs’ Marcus.

  continue reading

6 episodes

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Manage episode 418566368 series 3568392
Content provided by Mary Wisniewski & Cornerstone Advisors, Mary Wisniewski, and Cornerstone Advisors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mary Wisniewski & Cornerstone Advisors, Mary Wisniewski, and Cornerstone Advisors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Send us a Text Message.

Debbie, an early-stage fintech startup, is rewriting the rules on rewards. Instead of offering consumers rewards for spending, Debbie offers rewards for paying down their debt and saving money at a time when credit card and auto loan delinquency rates have increased to their highest level since the Great Recession, per data from the Federal Reserve Bank of New York

Today’s episode: Mary sits down with Debbie’s CEO and Co-Founder, Frida Leibowitz. They chat about how to drive engagement on a dreary subject, offer unexpected techniques to develop a vibrant user community, and discuss something seemingly counterintuitive: How too many resources can interfere with building a bank product – something Frida witnessed firsthand while previously working at Goldman Sachs’ Marcus.

  continue reading

6 episodes

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