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Hot Tech Trends Changing Our Daily Life

Remember the good old days of dial-up internet in the 1990’s and the amazement we felt at being able to send emails to people anywhere in the world at any time? The excited “you’ve got mail!” we heard as a reply landed in our inbox? Or for that matter, the launch of the revolutionary Apple iPhone just under 10 years ago, which gave us the novelty of browsing the internet on the train to work, when sitting at the dinner table with friends and pretty much everywhere else? There’s little doubt we’ve all been swept up in these rapid digital technology changes that have occurred in a very short space of time. So if you’re keen to keep two steps ahead of the changing technological guard next time, we’ve put together a handy and up-to-date list of three hot tech trends set to change how we live our daily lives in years to come.

 

1. Internet of Things (IoT)

Ever wondered what your smartphone would say if it could talk? The tales it would tell about you! Or how much easier life would be if your fridge had a mind of its own and could send you a handy text to pick up a carton of milk on your way home from work? The Internet of Things (also known as IoT) is making all this and more a possibility, by connecting common devices or “things” via Wi-Fi.

 

  • Wearable Devices

Perhaps the most obvious example of the Internet of Things are wearable devices that have risen to fame in recent years, thanks to the launch of high tech gadgets like the Apple Watch and Fitbit to name a few examples. Able to track our daily movements and much more, these handy add-ons are helping make us more sci-fi by the day!

 

  • Voice Search

As well as being able to connect common digital devices into one big happy family, another quirk of IoT is the ability it gives us to talk directly to those devices to ask questions (hello Google!) or simply give commands (Alexa, turn off the lights)! Chief amongst voice search technologies worth keeping an eye on are Google Home and Amazon Alexa, coming to a home near you…

 

2. Fintech 

Gone are the days when taking out a personal loan, or any money for that matter involved finding time to line up in a stuffy branch of an established big bank. Thanks to the advent of Fintech (or financial technology), a range of nimble startups (no pun intended) have emerged to offer us alternative ways of getting our hands on cold hard cash.

 

  • Bitcoin 

The poster boy for fintech is Bitcoin, a cryptocurrency developed by a bunch of hardcore computer programmers who kindly released their invention onto the online world in 2009. Unlike traditional currency (i.e. the Aussie Dollar), Bitcoin works by allowing holders to conduct transactions online directly, without any meddling intermediary (such as the Reserve Bank or ATO). Transactions are instead verified by a blockchain, a fancy database that lives deep in cyberspace!

 

  • Nimble Algorithm 

Another innovation out of the fintech revolution is Nimble ourselves, with our top secret algorithm using machine-learning technology and behavioural data to assess every loan application against a broad range of various data sources, with potentially thousands of data points, all within minutes. This allows us to quickly assess borrowers’ applications and get our small cash loans transferred into approved borrowers bank accounts within an hour of borrowers confirming their loan, giving them access to their money faster, so they can get on with their life.*

 

3. Health & Fitness Apps

Keeping fit and fab has never been more important than in today’s image-obsessed world! Instagram and #fitspo workout selfies aside, there are some seriously cool gadgets and health & fitness apps on the market to help you get the most out of exercise and get rewarded for doing it.

 

  • Exercise Tracking 

As mentioned under the Internet of Things, wearable devices like the Apple Watch and Fitbit have entered the mainstream in recent years, allowing us to track our daily steps, monitor our heart rate, measure our walking or running speed and tell us how we’re doing on the calorie burning front amongst many more features. Don’t want to invest in the above? No problem, there’s plenty of stand-alone apps that work a treat on any smartphone, including Endomondo, Google Fit, Pocket Yoga and RunKeeper.

 

  • Lowering Health Premiums

Last but not least, thanks to the ability to measure our physical activity comes the opportunity to also be rewarded for that gruelling early morning workout session or even for just maintaining a regular gym routine. Qantas has got in on the act with their Qantas Assure program where you can earn frequent flyer points for being active, whilst insurance providers like AIA Vitality and Asteron Life are offering customers lower premiums.

 

Keen to get your hands on some of this cutting edge new technology? Check out Nimble‘s smart little cash loans to help you pay for that all-important pre-order or to impress your favourite tech-head with an unexpected gift.**   

 

You should read this bit: The above post contains links to a variety of application software (“App, Apps”) that is not affiliated or associated with Nimble. We do not have any control or responsibility over the content of the Apps. Use of the Apps may be subject to further terms and conditions imposed by the App provider, the owner of the mobile operating system and/or other related parties.  The above links belong to a variety of websites and not Nimble, so clicking on, and using them, will take you away from Nimble’s website meaning we’ve got no control or responsibility over the content. Nimble does not endorse and is not affiliated or associated in any way whatsoever to the businesses named in this blog post.

The information in this blog post is general information only and does not take into account your objectives, financial situation or needs.

The information contained in this blog is correct at the date of publication.

*Once your Nimble loan is approved, it’ll be transferred to your bank account within 60 minutes of confirming your loan, if confirmed by 4:30pm AEST during banking days. Otherwise, the payment will be processed on the next business day. Clearance time is subject to your bank. Depending on your bank, you may be paid within minutes of confirming your loan 7 days a week, including public holidays.

**This is not a loan offer. Loans are subject to meeting Nimble’s lending criteria and suitability checks.

Larger loans, longer schedules.

Need a bigger loan?

Woo hoo! We’ve got some awesome news to start your week…

You might notice some pretty radical changes ‘round here.

Actually, people have been asking for them for a while now, so we sat up, took notice and knuckled down to bring them to you.

So without further ado, here they are…

Firstly, now you can request up to $5,000*.

If the money is for something bigger, like booking your next overseas trip, it could come in handy – and you won’t be married to a lifetime of debt (hello, Europe).

Europe

Secondly, a lot of people have said they want more flexibility in their repayments.

So when you set up your next loan, before you confirm it, you can extend your schedule to make the repayments a bit smaller*. Find the perfect balance of comfortable repayments with smaller instalments, while still being able to pay your loan off fast, and get on with your life.

Want more info?

We’ve broken up our loan types into two:

Small Loans

  • Loan amount: $100 to $2,000
  • Loan term: from 62 days up to 1 year
  • Fees and charges: If the principal amount you borrow is between $100 – $2,000 you’ll pay: 

        – Establishment fee: up to 20% of the principal amount

         – Monthly loan fee: up to 4% of the principal a month

Medium Loans

  • Loan amount: $2,001 to $5,000
  • Loan term: from 62 days up to 2 years
  • Fees and charges: If the principal amount you borrow is between $2,001 – $5,000 you’ll pay:

        – Establishment fee: up to $400

        – Interest charges based on the Annual Percentage Rate (APR): 39.20%

        – Comparison Rate**: 56.60% p.a.

The stuff you should know about our new Medium Loans:

**This comparison rate is based on our Medium Loan for an amount of $2,500 over 2 years and a $400 establishment fee.

WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Nimble does not offer loans for $2,500 over a term of 2 years.

See our full Fee Statement for fee details, including fees that may apply if you don’t make your payments as scheduled after you sign the loan contract.

The really awesome news:

So next time you apply for a Nimble loan, you’ll have more options. Request more money. Make your schedule a little longer, or keep it all the same. It’s totally up to you.*

Need some money? Try it out for size: www.nimble.com.au/  

 

 

*Loans are subject to meeting Nimble’s lending criteria and suitability checks. Approved borrowers may be eligible for a loan from $100 up to $5,000.   Borrowers approved for a Small Loan are only eligible to borrow up to $1,600 on their first Small Loan.

The information contained in this blog is correct at the date of publication.

Visiting New York and Building A Mobile App

A lot of our members use their mobile phones to get Nimble loans.

Our mobile site is good but we wanted to make the Nimble mobile experience even better.

To create the most simple and convenient way to borrow money – loans with just a few taps on a device.

So we decided to build the Nimble mobile app.

To build something truly amazing, we knew that we needed to collaborate with the best. So a year ago we started searching for the best app design team in the world. We spoke to the startup community, stalked winners of the most prestigious app awards and called agencies all over the world.

IMG_3197

The Nimble team at Fueled in NYC.

We even contacted the developers behind our favourite apps.

Eventually, our search took us to all the way to New York. We soon found ourselves sitting with a bagel in hand at the cozy SoHo offices of Fueled.

Why Fueled?

Fueled built apps for some of the most innovative companies in the world. Apps for The Discovery Channel, Porsche and Elevatr.

Stunning, beautiful, fun apps.

IMG_3227

Free snacks and popcorn!

After a week of chats, whiteboard sketches and getting no sleep because of constant sirens, we were ready. We decided we’d found the right partners to work with our talented internal team and build the Nimble app.

Over a year later, after a lot of designing, building, developing and testing, we started to see the first version of the Nimble app come to life.

The Nimble platform is complex. It looks at over 4,500 data points to lend money so quickly and efficiently. It’s not easy to then make an app that integrates seamlessly into the complex Nimble technology – and the fast moving lives of our members.

It has taken us months of testing and improving it to make sure there wasn’t a pixel out of place.

Now finally, it’s nearly ready for you to download it.

Keep an eye on your emails over the next few weeks for when we announce it’s live – on both IOS and Android.

Here’s a sneak peek of what’s to come…

Nimble Screenshots 3inarow

The next generation of Nimble loans

Yikes!

It’s safe to safe our next generation of Nimble loans have been quite a big hit already.

But, while we’re happy to celebrate the launch, our system is taking on a massive amount of traffic.

As a result, our loading times have been pretty slow today and we’re really sorry about that.

We’ve placed a reinforcement crew on the phones to make sure any urgent inquiries get answered.

We’re manning the phones until 8pm tonight, so call us on 133 156 if you’ve got any pressing matters.

If you’re after more info about our new Nimble loans – you should check out the old vs. new Nimble loans side by side by clicking here.

We’re working hard on getting our site back up to speed, so please bear with us and thanks heaps for your patience.

Cheers,
The Nimble Team

New Year, New Member Area

We’ve been working hard here at Nimble HQ.

Sure, we had a little break over the Christmas period — but it was short lived.

Now that the New Year is already in full swing, we’ve got some exciting things to share with everyone.

Firstly, the most requested update to the Nimble experience happens next week.

We’ve rebuilt the Member Area to offer our members an even better service.

The new interface is much more intuitive. Here’s a special sneak peek…

For starters, the design is cleaner.

You’ll find your new navigation on the left hand side. A lot of focus has been placed on the visual aspect, so things are quicker and more effortless to scan.

Now it’s easier to find everything in the one place as soon as you log into your account. This is thanks to the integration of each loan aspect being combined into an all-encompassing dashboard.

You’re also in full control of your smart little loans and spending, with the help of the specially grouped loan, account, and card sections.

And speaking of the card — the new Nimble VISA Prepaid Card is coming next week too. But it deserves a blog post of its own (so look out for that).

In the meantime, leave a comment and let us know what you think of the sneak peek.

The results are in: Nimble takes GOLD!

All thanks to you…

A little while ago we asked you to complete an online survey about the customer service at Nimble for The Australian Customer Service Awards (ACSA).

The responses were assessed by the ACSA and each section given a rating out of 5.

The results are in…

The customer service at Nimble has been recognised as one of the best in the country. We were awarded a Gold Australian Customer Service Award.

We achieved a score of higher than 4 (out of 5) for every section of the assessment.

Stoked!

A big thank you has to go to you. Thank you for taking the time to fill out the survey and thank you for your honest responses. We are extremely excited about receiving recognition on a national level, it makes all the hard work worth it.

Here is an overview of our results:

It was great to see that even our weaknesses scored higher than 4 out of 5. Weakness 1 & 3 aren’t applicable in our situation though as we are an online business and don’t serve anyone on the premise, or meet any of our members face-to-face.

We’re taking a close look at all the responses and actioning any ideas that have come out of the survey. There was hundreds of positive comments and quite a few ideas to improve our service. Some of the main ones were:

  1. More product options – higher lending amount
  2. Option to delay repayment by 24 hours
  3. Rewards programs for loyal customers
  4. Bpay option to pay bills

We’re looking into all of these and I can tell you that at least 2 of them I have put on the to-do-list for 2011. Making these kinds of changes takes time, a lot of people have to get involved with spec-ing the project then building the technology and training staff – all to ensure a smooth transition.

Thanks again for taking the time to complete the survey, it means a lot to the teams in the office.

It also makes me extremely proud to have so many happy members.

People don’t listen to Companies – They listen to people

Today we’re going to reveal one of the things we’ve been working on for the last few months.

We’ve been writing about it, designing it, developing the usability aspect of it and even videoing demos of it. It’s a lot of fun, easy to use and most importantly, it enables people to get cash 24/7 no matter where they are.

In a few weeks we’re also launching another new invention that will allow people to try their first Nimble loan at zero risk.

It’s understandable that getting small loans on the internet is pretty scary for people. So we thought it’d be great if you could dip your toes in and see what it’s all about without any risk. After all, a lot of people are still a bit jittery doing any type of transaction over the internet. My Mum isn’t really that old and is generally keen to learn new things , but there’s no way I can get her to buy books and DVDs on Amazon. She just won’t do it. The thing is it can save you so much time and really improve your life, just look at online banking vs queuing up at the bank a couple of times a month. Once you’ve tried it a few times it’s really not that scary at all.

Another thing we’re trying to work on at Nimble is deepening the relationships with our clients. That might sound funny from an online only company, but customer service has always been our number one thing. Now we want to take it a step further to reinforce the good client relationships we have and even start encouraging client to client interaction. Our site is more than just a source of fast cash. It’s a wealth of resources and information about money, stuff you don’t learn at school or from your parents. It’s important to start generating a dialogue about these things, whether it’s just living week to week or starting to actually get ahead and put down a foundation.

We also want to learn more from our clients to improve ourselves too. So in a few months we’ll allow clients to review our loans on our site. Whether it’s positive or negative feedback (most of what we get now is positive) people will be able to view other peoples, feedback, even if they haven’t had a loan with us before. It’ll be a bit like reviewing a book on Amazon, that’s the second mention they’ve had on one blog post.

At the end of the day it comes down to transparency and giving as much value as possible. Short term online loans are often viewed in a bad light due to how some providers have conducted themselves in the past as well as some misunderstanding about the industry. But as we have expressed throughout our site and many times before, we’re doing things totally differently from everyone else.

People are smart. They want to see that a company is willing to split itself wide open before they commit to doing business with it. They also need to see peer to peer reviews and get a feel for how the company treats its clients. I reckon it’s a great thing and it’s important for companies to provide pathways for this to happen. If a company is doing something wrong they won’t get repeat business or enjoy the benefits of word of mouth, so why not just be transparent right from the outset. It’s actually really simple – people don’t listen to companies, they listen to people.

I’m excited about the innovations set to roll out very soon and all of the ideas for the second half of 2009. I’m excited about how it will help people enjoy what we do at an even higher level than now, plus it’s always good to cement our position as the top guys in Australia.

I’ll talk to you later

How we blew our launch…

I hate it when people talk it up and don’t deliver.

We were guilty of it recently.

Anyone who tried to get a cash advance during the week after our July launch would have noticed the wheels falling off our usually tight operation.

We rushed to get new technology released for you and it went wrong.

When you’re trying to do something cutting edge, there’s a slight risk that things can go wrong. Unfortunately for us things went wrong enough to warrant the decision to stop applications for a few days.

Still, there’s good news…

The dust has settled and we’re humming again.

You can find out more at Rush247

If you’re interested in the technical stuff, here’s what happened…

After our initial glitches and thousands of people contacting us, we gave everyone their own start times in waves of users.

That was fine but more people than we expected decided to try it straight away. We maxxed out the server. Our usually fast system became SSSSLLLOOOOOWWWW.

Due to these speed issues, our staff couldn’t use the system and clients couldn’t log in and apply, a nightmare for all concerned.

We figured that one out but found that the technical updates we’d done meant that some people throughout Australia were viewing the wrong web site. This is because some ISP’s take 24-48 hours to reflect updates nationwide.

So that created a lot of problems too.

Rather than give unacceptable service, we decided to call time out for a few days to nip it all in the bud.

Now it’s all humming again, and it’s cool to see RUSH247 working well.

In hindsight we should have stretched out the launch with fewer users each day, and delayed it a few more days.

We were super keen to get the $2 first time offer and RUSH247 released for clients. We also made some big changes to our internal system to help make things even faster and improve our service ore.

If you were one of the people trying to use our service and had difficulties, we’re really sorry.

We’re back in top form now so check out Rush247 and 2 Dollar and see what I’ve been going on about for the last few weeks.

I’m also on Twitter most days, so feel free to ask me anything you like. We’re also publishing some neat little Tight Arts Videos. You should follow me at http://www.twitter.com/cashdoctors

 

The information contained in this blog is correct at the date of publication.

Change is in the air

Finally the rubber is hitting the road – after months of hard work and preparation.

The first small new change was released on Monday 1 June – the new website design went live. It’s just a taste test really. It’s nothing compared to what’s planned over the next few weeks.

We felt our home page was due for a refresh and that it was a bit cluttered, so we’ve streamlined it seriously.

Now members can log in from the home page which saves them some time. If they need cash it shaves a few seconds off, or if they have spare time they can get in there and check out some resources and learn about money or get to know us a little better by reading blogs or the random stuff on the video blogs.

For first time clients, the new homepage design also makes it a lot easier to get to the bottom of who we are and what we do. Cash advances online are still new in Australia so people need to get a quick grip on it and see why Nimble is so much different from everyone else. It’s all there to see in one or two minutes.

The key points are addressed right up the top, and for those who want to get granular, they can see exactly what they get when they join, how fast we pay, how transparent we are, member advantages of getting cash 24/7 in seconds, being helped by the Australian team etc.

Down the bottom we’ve included what we do that some of the other Australian providers aren’t doing yet. Hopefully they’ll catch up sometime because people really need “disposable” short term cash advances administered by professional providers in a responsible way.

No one else pays within 60 minutes or pays members 24/7 cash advances in seconds, not to mention the innovative changes we’re about to launch in a few weeks. They’re a world first, so it’s something special.

 

The information contained in this blog is correct at the date of publication.

Planning a World First

Just a quick one..

This morning I was sitting down with fellow Nimble co-founder Sean Teahan. We mapped out all the projects to be done over the next few weeks as we move towards launching something special.

All I can say is it’s a world first.

You’d think that once you pay your clients cash 24/7 in seconds, you’d have done all there is to do. But innovation and trying to give more to our clients has always been our philosophy. There is still so much more we want to give.

It’ll be great to finally deliver on some projects we’ve been talking about for over a year now.

I guess in a couple of weeks I’ll pull the rabbit out of the hat. But for now we’re in hush, hush mode, putting in the hard work behind closed doors.

Right now no one else gives money in 60 minutes or pays clients 24/7 in seconds, so I guess we’ll be extending our lead here in Australia. Ultimately I hope that more providers take our lead, so more people know about getting short term loans – and what a great option it is for certain circumstances.

For now, our team of perfectionists still have a lot to do. I’ll be in touch with more details of the new product launch very soon.

Till next time…

 

The information contained in this blog is correct at the date of publication.

Working Sunday to bring your next innovations

Being the best means doing what others aren’t prepared to do.

That’s why we’ve got another big innovation in the works for you.

The short history of online loans in Australia reveals that Nimble was the first to do paperless applications back in October 2006. One or two other sites have finally caught up – but most still ask you to find and fax reems of paperwork just for a little loan.

We also pay first time clients in 60 minutes and, since July 2008 we’ve had 24/7 loans – paying members in just seconds, 24 hours a day seven days a week. Other sites don’t pay members for 1-2 days.

No one else comes close.

Have you ever seen or tried a lender who says you ‘may’ get paid the same day, or that you will be approved in an hour?

That just means they’ll make the transfer – the cash isn’t actually available until the next day. When we say you’ll be paid in 60 minutes, that’s how long it will take for the cash to reach your hands.

Nimble is also the only online short term lender to voluntarily join the FCDRS – the Financial Co-operative Dispute Resolution Scheme. We tell you everything up front and we take great care to only lend what people can afford. Our product is a short term solution only – like taking a taxi ride to the airport instead of the bus.

But you know what?

We still have so many areas where we want to improve for you. We’ve had feedback from clients with good ideas. We’ve listened – now we’re putting it together for you.

That’s why the product development, software development and marketing teams are working all day, nights and lots of their weekend to bring out your next big innovation.

We’re very excited about how it can improve your life, but we’re not announcing details for another few weeks.

It’s going to give a whole new meaning to instant cash relief – in fact what we’re launching is a world first.

Anyway, that’s all we can say for now. It’s top secret. But we’ll keep you posted.

 

The information contained in this blog is correct at the date of publication.