Skip to Main Content
Can you help us shape the future of banking?
Challenge Type: business
See more like this check out our active challenges
$1,600
top 50%
298
submissions
DONE
58 months ago

We  already know younger generations (we're talking to you, Millennials and Gen Z) are more likely to switch from job to job, but the same goes for their banks!  Since choosing a bank doesn't necessarily mean a long-term commitment, financial institutions want to attract and retain younger customers by offering them the banking options and tools they desire the most.  We want your help in delivering the banking experience that real consumers are looking for.  So you tell us: what should the future of banking look like?

Deliverables

We are interested in actionable ideas for the future of banking that will really appeal to customers. Specifically, answer the following:

  1. Tell us about your current banking situation:
    1. What made you choose the bank / financial institution you use today? 
    2. What do you like the most about it?  (Could be a technology they use, a service they provide, interest rates, etc.)
    3. What is the one thing you would most like to change about your current bank to improve your experience?
  2. What is something new that a bank could do or offer in the coming years?  It could be a new service, a new type of banking account or product,  a new method of interfacing with people's daily lives, or something else entirely. (Your idea should be something that isn't offered currently that you would love to see in the future; something that would make you rave about your bank and recommend it to others.  It could even be something that isn't possible today - use your imagination!)
  3. Why would bank customers love your idea if it was brought to life?  Is there a demographic which your idea would appeal to or benefit the most (could be based on location, age, financial status, etc.)?
    Submissions will be graded on the following criteria:
  • Meets Deliverables
  • Creativity
  • Clarity & Detail
Reward Tiers
Top 10%
will share $1,000
Next 15%
will share $400
Next 25%
will share $200
Actual individual rewards will be based on the total number of eligible solutions.
Leaderboard
$33.30 Matthew Gaiser Queen's University
$33.30 Jasmina Ristic Belgrade University
$33.30 Marina Radovanovic Queen's University
$33.30 Sang Nguyen McGill University
$33.30 Arielle Marvian University of Central Florida
$33.30 Jarric Ramos University of California, Irvine
$33.30 Tabitha Norton University of Toronto
$33.30 Gabrielle Melli University of Colorado
$33.30 Hayden Smith University of Central Florida
$33.30 Unknown Solver
$33.30 Maurika Ascalon University of Mount Olive
$33.30 Andrews Kwesi Ankomahene University of Cape Coast
$33.30 R Petrova
$33.30 Prathamesh Mayekar Symbiosis International University
$33.30 Una St Julien Penn Foster
$33.30 Christian Guest Lancaster University
$33.30 Joshua Y. Ansong UMaT
$33.30 Myz Opheibya
$33.30 Eric Johnson Michigan Technological University
$33.30 Wilson Baker University of Central Florida
$33.30 TJ Fritts University of Tennessee
$33.30 Christopher Adjei-Frimpong University of Mines and Technology, Tarkwa
$33.30 Caitlin Hogg McMaster University
$33.30 Sumana Mahata UCSD
$33.30 jacob santillan University of Santo Tomas
$33.30 Brett DeOca University of Central Florida
$33.30 Hehe Wong University of Alberta
$33.30 Liv Sunna University of Central Florida
$33.30 natalie king Clemson University
$33.30 J C University of Alberta
$8.90 Rahil Qadir University of Salford
$8.90 Tabitha Sherman University of Central Florida
$8.90 Samuel Sadler Union University
$8.90 Shawn Hillier College of the Holy Cross
$8.90 Austin Sternberger University of Central Florida
$8.90 Sharicia Mason Jacobs University Bremen
$8.90 James Hofer
$8.90 Violetta Trinich Santa Fe High School
$8.90 Patrick Corcoran University of Central Florida
$8.90 Denise P Illinois State University
$8.90 Divya Parsani University of Toronto
$8.90 Amirya Star Georgetown University
$8.90 Boni Aditya BITS PILANI
$8.90 Minoo Soleymani University of Alberta
$8.90 Veronica Morali CARDIFF UNIVERSITY
$8.90 Austin Brown University of Central Florida
$8.90 Patrick Collins Miami University
$8.90 Angelo Attardo University of Central Florida
$8.90 Chipewyan McCrimmon Queen's University
$8.90 Rafikiel Seyvunde University of South Florida
$8.90 Blaine Middlebrook University of Central Florida
$8.90 Alexandra Sadler University of Central Florida
$8.90 Pablo Estrada USAC
$8.90 Jason Raman University of Central Florida
$8.90 Milan Ciudad-real University of Central Florida
$8.90 Jordyn James University of Central Florida
$8.90 Devin Rosewall University of Central Florida
$8.90 Ryan Nichols University of Central Florida
$8.90 Brian Charlot University of Central Florida
$8.90 PRASHANT. S. MUMBAI UNIVERSITY
$8.90 Siddharth Sharma IIM Udaipur
$8.90 Hung Hoang Central Washington University
$8.90 Nikita Chrenowski Thompson Rivers University
$8.90 Jens Hetland University of Bergen
$8.90 Rosdan Teh Syracuse University
$8.90 Jamila Abdul Maroof
$8.90 ArJarae Saunders Penn Foster
$8.90 NISHA PRASAD Indian Institute of Technology - Bombay
$8.90 Lee Betteridge University of Central Missouri
$8.90 risper eddy Eastern Michigan University
$8.90 Siddharth Choksi Instituto de Empresa
$8.90 Troy Muller University of Central Florida
$8.90 Rashele Shoun Bellevue University
$8.90 Tyler Hirlinger University of Central Missouri
$8.90 Samuel Leiter University of Chicago
$2.70 Evan Willow Palmer Chiropractic COllege
$2.70 Phillips Staninski University of Chicago
$2.70 Zach Reddy University of Central Florida
$2.70 jorge manrique fracisco de miranda
$2.70 AADHITHYA SUJITH Bangalore Institute of technology
$2.70 Christina Whetzel Penn Foster
$2.70 Mirko Tadic Belgrade University
$2.70 Emanuel Burgos University of Central Florida
$2.70 Dominic Marco UCF
$2.70 Janna Hautala Missouri Southern State University
$2.70 Melanie Guillen University of Central Florida
$2.70 Dr. Janelle Christine Simmons Liberty University
$2.70 Bridgette Hilton Liberty University
$2.70 Patrick Nolan University of Central Florida
$2.70 Stefanus Kristian Sekolah Tinggi Ilmu Komputer Indonesia
$2.70 Kate Young
$2.70 Kim Ton John Tiu CIT- University
$2.70 Paul Bailey James Madison University
$2.70 Olivia Wendell Honolulu community college
$2.70 meranda benner Penn Foster
$2.70 Aasfi Sadeque
$2.70 Yash Pajvani Indian Institute of Technology - Bombay
$2.70 Henry Ebiko University of Port Harcourt
$2.70 Szekely Szabolcs Life University
$2.70 Jerry Zhang
$2.70 Jake Goodman UCF
$2.70 Tamori Wokoma University of Central Florida
$2.70 John Brown Merced College
$2.70 Erica Torres Penn Foster
$2.70 Yannis Ngai Simon Fraser University
$2.70 Rohan Gandhi Savitribai Phule Pune University
$2.70 Renell Madarang-Yim Penn Foster
$2.70 Vinay Kumar HR Indian Institute of Management - Indore
$2.70 Odephodini George University Of Port Harcourt, Nigeria
$2.70 QING XIA ZHANG University of Central Florida
$2.70 Tyler Woods University of Central Florida
$2.70 Patrick Dos Santos University of Central Florida
$2.70 Dominica Nieto Fashion Institute of design and merchandising
$2.70 Vedant Kumar Indian Institute of Technology, Bhubaneshwar
$2.70 Thomas Hautaniemi James Cook University
$2.70 Dylan Gilsenan University of Central Florida
$2.70 Doaa Khater Engineering
$2.70 Kiner Shah K. J. Somaiya College of Engineering, Mumbai
$2.70 Alyssa House University of Essex
$2.70 Varshith Kanaparthi Gandhi medical collage
$2.70 Nathalia Rogacheski University of Central Florida
$2.70 Richard Price American University
$2.70 Nayeemun Nayeema University of Manchester
$2.70 Theodore Floros Washington University in St. Louis
$2.70 Jason Blucher University of Central Florida
$2.70 Olajide Olaoluwa University of Lagos
$2.70 Devin Matos University of Central Florida
$2.70 Scott Colley University of Central Florida
$2.70 Jason Burns University of Central Florida
$2.70 Austin Miles UCF
$2.70 Edric Tapia University of Central Florida
$2.70 April Barco University of Central Florida
$2.70 Jordan Musa University of Central Florida
$2.70 Dubal Baez University of Central Florida
$2.70 Jose Ortega University of Central Florida
$2.70 Brianna Healing University of Central Florida
$2.70 Stefan Biput SGU
$2.70 Aaron Jon Tetteh University of cape coast
$2.70 Aveek Choudhury Indian Institute of Management-Indore
$2.70 Andrew Donnell William Paterson University
$2.70 William McClary College of Charleston
$2.70 Emma Hurst University of California, Los Angeles
$2.70 Mei Wang University of Central Florida
$2.70 Donald Norris Jr University of Phoenix
$2.70 ROBERT MANN Green Mountain College
$2.70 RIA BHATIA MALINI KISHOR SANGHVI COLLEGE
$2.70 Elliott Livschutz University of Central Florida
$2.70 Patricia Margaret Victoria Georgetown University
$2.70 Blake Bowman University of Central Florida
Submission questions


What is your age?

(Required)
under 18
18 - 22
23 - 26
27 - 30
30+

With which gender do you identify? 

(Required)
female
male
prefer not to say

Are you located within the US or Canada?

(Required)
Yes - US
Yes - Canada
No

If you selected "no" above, in which country do you reside?

0 characters Average: 1727 characters
Your solution must be at least 200 characters long
Contact Us