Streamlining Cross-Border Payments for Small Businesses

Many people struggle with retirement planning due to financial uncertainty and lack of knowledge. Existing retirement planning tools are often complex, filled with confusing projections, and don’t adapt to changing income levels. A simplified, goal-oriented approach can help users confidently plan their financial future with clear steps and insights.

Traditional retirement planning tools overwhelm users with financial jargon and static projections. Users need a tool that adjusts to their evolving financial situation, provides realistic savings targets, and offers proactive recommendations. The challenge is to design an intuitive retirement planning experience that makes long-term financial planning approachable and actionable.

Users delay retirement planning due to complexity and confusion.
Poor financial planning results in insufficient retirement savings.
Lack of clarity leads to unrealistic expectations about future finances.
Young professionals looking to start long-term financial planning.
Mid-career individuals optimizing their retirement contributions.
Retirees managing their savings and withdrawals efficiently.

Consider the following factors to ensure a well-rounded, user-centered, and business-aligned solution

User Experience & Usability

  • Is the solution intuitive and easy to navigate?
  • Does it minimize friction and enhance efficiency for users?
  • Are accessibility best practices considered

 

Problem-Solving & Critical Thinking

  • Does the solution effectively address the core problem?
  • Is there a clear rationale behind design decisions?
  • Has the user’s pain points been mitigated or eliminated?

 

Business Alignment & Feasibility

  • How well does the solution balance user needs with business goals?
  • Is the proposed solution scalable and adaptable?
  • Are there measurable benefits, such as increased engagement, conversions, or retention?

 

Visual & Interaction Design

  • Does the interface follow modern design principles and maintain a visually appealing layout?
  • Are interactions smooth, meaningful, and engaging?
  • Is the visual hierarchy clear, guiding users effectively through the experience?

 

Innovation & Creativity

  • Does the solution introduce a novel approach to solving the problem?
  • How does it differentiate from existing solutions in the market?
  • Are emerging technologies or design trends leveraged appropriately?

 

Clarity & Presentation

  • Are the design decisions well-documented and articulated?
  • Does the submission include annotations or explanations where necessary?
    Is the submission structured in a way that makes it easy to evaluate?

1. User Flow or Journey Map

  • A high-level representation of the steps a user takes to accomplish the task.

 

2. Wireframes or UI Mockups

  • Low or high-fidelity visuals showcasing the proposed solution.
  • Responsive design considerations (if applicable).

 

3. Prototype (Optional)

  • An interactive version of the design using Figma, Adobe XD, or similar tools.

 

4. Design Rationale & Case Study

  • A brief document explaining the thought process, decisions, and trade-offs made during the design process.
  • Insights on how the design meets both user needs and business objectives.

 

5. Accessibility Considerations

  • Annotations on how the solution accounts for inclusivity and usability best practices.

 

6. Impact Metrics & Success Measurement

  • Hypothetical or real-world metrics that would measure the effectiveness of the solution.
  • Suggested ways to test and iterate on the design.

Challenge details

Category

Difficulty

Expert

Estimated time

2 - 3 days

Skills

Access Control, Accessibility, Admin UX, AI and Machine Learning UX, AI Automation, AI Chatbot Development, AI Content Assistance, AI Explainability, AI Personalization, AI Prioritization

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About Nordbriefs

Nordbrief is a collection of structured skill building challenges crafted to help product designers refine their strategic thinking, user empathy, and data driven decisions while creating portfolio-worthy projects