Anonymous Financial Services
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How can wearable devices be used to promote and track both physical and financial health?
$1,000
top 30
116
submissions
DONE
42 months
A bank wants to make their customers lives better by helping them to achieve both their financial health and physical health goals by offering a differentiated digital experience. The bank needs your help to develop a concept that they could bring to market which would ideally include wearable technology.
Deliverables
Please propose a product/service concept idea by answering the following questions:
- Do you currently have a wearable device (such as fit bit, apple watch, Samsung watch, etc.) Yes or No
- If yes, which one (brand)?
- Both physical and financial health are important. In what way(s) might the bank support its customers with their financial health and physical health goals?
- How can the bank use wearable technology specifically to support its customers financial & physical health goals? (Consider the potential data available, ability to send notifications, and other features enabled by wearable devices)
- What rewards could the bank provide to incentivize its customers to achieve their goals? How would these goals be tracked?
- Would you use a wearable device to conduct your banking? Please explain.
- Which banking tasks/services would you use your wearable device for specifically? (e.g transaction notifications, transfers, etc.)
- Which company should the bank partner with for this concept? Be specific giving the company name and why they would be a good partner.
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Submissions will be graded on the following criteria:
- 1-10 Scale
Reward Tiers
10 Winners
will receive $60 each
20 Honorable Mentions
will receive $20 each
Leaderboard
| $60.00 |
|
Thang Nguyen University of Vermont | |
| $60.00 |
|
Sang Nguyen McGill University | |
| $60.00 |
|
Benjamin Aduba | |
| $60.00 |
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Maria Tatika | |
| $60.00 |
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Nathaniel Mensah Adoko University of Mines and Technology, Ghana | |
| $60.00 |
|
Cole P Gap year | |
| $60.00 |
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TM S | |
| $60.00 |
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Hager Mohammad University of Toronto | |
| $60.00 |
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Eric Dutcher Trinity University | |
| $60.00 |
|
Nickk Thanh | |
| $20.00 |
|
m . | |
| $20.00 |
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Kathryn Passalent McMaster University | |
| $20.00 |
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Tony Glackin Morningside College | |
| $20.00 |
|
Spencer Lin Stevens Institute of Technology | |
| $20.00 |
|
Jermaine Nicholson | |
| $20.00 |
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Danny Gregory Oxford University | |
| $20.00 |
|
Andy Martin University of South Florida | |
| $20.00 |
|
Rasheed Oladapo | |
| $20.00 |
|
Peter Daines Georgetown University | |
| $20.00 |
|
Traeonna Wagener University of Toledo | |
| $20.00 |
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Claire Davis North Carolina State University | |
| $20.00 |
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Patience Kabura San Jose State University | |
| $20.00 |
|
Ajibola Bakare | |
| $20.00 |
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Riley Griffin Michigan State University | |
| $20.00 |
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Zainub Rauf University of Cincinnati | |
| $20.00 |
|
Abhishek Mishra Abdul Kalam Technical University, Lucknow | |
| $20.00 |
|
Matthew Gaiser Queen's University | |
| $20.00 |
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Jessie Jahns | |
| $20.00 |
|
n r | |
| $20.00 |
|
TJ Fritts University of Tennessee |
Submission questions