Anonymous Financial Services
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Next Challenge: How do you think about the technological safety needs of children and other dependents? |
How can wearable devices be used to promote and track both physical and financial health?
$1,000
116
DONE
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 | Maria Tatika | ||
$60.00 | Nathaniel Mensah Adoko University of Mines and Technology, Ghana | ||
$60.00 | Cole P Gap year | ||
$60.00 | TM S | ||
$60.00 | Hager Mohammad University of Toronto | ||
$60.00 | Eric Dutcher Trinity University | ||
$60.00 | Nickk Thanh | ||
$20.00 | m . | ||
$20.00 | Kathryn Passalent McMaster University | ||
$20.00 | Tony Glackin Morningside College | ||
$20.00 | Spencer Lin Stevens Institute of Technology | ||
$20.00 | Jermaine Nicholson | ||
$20.00 | 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 | Claire Davis North Carolina State University | ||
$20.00 | Patience Kabura San Jose State University | ||
$20.00 | Ajibola Bakare | ||
$20.00 | Riley Griffin Michigan State University | ||
$20.00 | Zainub Rauf University of Cincinnati | ||
$20.00 | Abhishek Mishra Abdul Kalam Technical University, Lucknow | ||
$20.00 | Matthew Gaiser Queen's University | ||
$20.00 | Jessie Jahns | ||
$20.00 | n r | ||
$20.00 | TJ Fritts University of Tennessee |
Submission questions