The Mogo Blog

Meet Steven Kerr: VP Credit Risk and Collections

Technology and data are at the heart of what we do here at Mogo, but what exactly does our Credit Risk team do with all that data? Well, there are a few things, but one of the big uses for the data is to create effective rules for our pre-approval system—this helps make our MogoMoney loans accessible while making sure that we lend in a socially responsible way. Meet Steven, our go-to rulemaker and VP of Credit Risk and Collections. Hey S. Could you start off by giving us a quick overview of how

The Gamification of FinTech

Playing tennis on your Wii U is fun, sure. Addictive, even. But what if we could use the powers of gaming for good? That’s what our team is working hard at every day: dreaming up new ways to make it fun to be smart with your money. It’s a tough one—we know from personal experience. ![](/content/images/2016/05/mogo_fastco_mobileapp-static-1.jpg)Using game design techniques to instill positive behaviours in consumers, we’re taking a creative approach to social responsibility in finances. Keeping

Why design matters in financial services

Financial services have been around for hundreds of years, but they haven’t really changed all that much. The banking industry, both in terms of design or function, has remained relatively static. Hey, it’s understandable when your roots run deep in tradition. That’s the thing. We’re not a bank—by design. And it’s not just a play on words that we decided sounds nice; we’re actually consciously using design and psychology to make it fun to be financially responsible. (Because let’s be real, “fin

The adulting tip that's kept Shaq's baller status in check since '92

Heads up, exciting stuff coming your way. Our Financial Fitness Coach, Chantel, is going to be doing a new series that’s all about financial literacy called #AskAnAdult. In her first video, Chantel get's some adulting tips straight from ballers, vloggers, and other VIPs at the Maxim NBA All Star Weekend party. Some of the Cameos: * Shaq—it's Shaq * Terrence Ross, Toronto Raptor * Danny Garcia, WBC Welterweight Champion Boxer * Nicole Arbour, YouTuber * Bianca, Kastor + Pollux * Tom Listo

200,000 MogoMembers down, 800,000 to go.

Well, we did it. We hit 200,000 MogoMembers! Say hello to the country's biggest digital financial platform. As leaders of the FinTech revolution in Canada, this is pretty awesome. Tech is getting bigger and bigger (just look at Uber and Airbnb), and it’s clearer than ever that the traditional way of banking is being left far behind. Last year, McKinsey released a report saying that banks could lose up to 60% of their retail profits to tech startups—oh hey, that’s us—over the next nine years. Th