We need examples of financial services challenges (directly related to the financial services industry)

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We need examples of financial services challenges (directly related to the financial services industry)

Hello! Thanks for your request regarding the best examples of financial services challenges. The short version is the best examples of crowd-sourcing contest financial services include "The MasterCard Foundation Clients at the Centre Prize" by MasterCard Foundation and "Build Your Own Bank" by BankMobile. The detailed list of 5 best examples of financial services challenges is available in the attached spreadsheet.

METHODOLOGY

I searched for the crowd-sourcing contests by financial services firms. I could find 5 examples in the recent times that are summarized below:

1. "The MasterCard Foundation Clients at the Centre Prize" by MasterCard Foundation
2. "Build Your Own Bank" by BankMobile
3. "Open Innovation" by BBVA
4. “Drive Our Future” by Mercedes-Benz Financial Services
5. " Tax Design Challenge" by IRS

The details about all of these challenges are included in the attached spreadsheet. For each, I have provided a link to the Website providing details about the challenge, Company Name, Aim of the project, Date of launch, Prizes etc.


CONCLUSION

To wrap it up, the best examples of financial services challenges include "The MasterCard Foundation Clients at the Centre Prize" and "Build Your Own Bank". A detailed list is available in the spreadsheet.

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