Time is quickly running out to vote on the best
mobile app ideas or to submit your own mobile app design proposal as part of
the MyMoneyAppUp Challenge. The U.S.
Department of the Treasury (Treasury), the D2D Fund (D2D), and Center for
Financial Services Innovation (CFSI), recently announced the launch of this
competition offering cash prizes and recognition for the best mobile app ideas
and designs to help Americans make smart financial choices, access high quality
financial products and services, and ultimately control and shape their
Challenge features two components: an IdeaBank to generate ideas for mobile
apps and an App Design Challenge that solicits more comprehensive mobile app
designs for development.
There were more
than 300 ideas submitted during the IdeaBank portion of the competition. Now is your chance to browse through those
submissions to find the best one. Those interested in voting for
their favorite idea in the IdeaBank have until 11:59 PM EDT today to cast their
vote. The top 10 vote-getting
ideas will then be in the running for cash prizes ranging from $250 to $1,000. You can browse the IdeaBank submissions here.
addition, those interested in submitting a proposal to the App Design Challenge
can still do so. The deadline for
App Design proposals is 11:59 PM EDT on Sunday, August 12. A small panel of expert judges will then
review and score the App Design proposals.
the App Design Challenge include:
Chris Bishko, Director,
Investments at Omidyar Network
Chris Bishko leads Omidyar Network’s investments in U.S. technology-enabled
financial services companies.
Jean Chatzky is an award-winning personal finance journalist, best-selling
author and television personality who specializes in making money make sense.
Katie Burke Mitic,
Director, Platform Marketing at Facebook
Katie Mitic leads platform marketing for Facebook, with responsibility for
shaping and growing innovative products for millions of developers and
businesses that engage with Facebook’s community of over 900+ million users.
Professor of Economics at Harvard University & Founder of ideas42
Mullainathan is a Professor and Founder of ideas42, a non-profit behavioral
economics ideas lab devoted to turning insights about people from behavioral
economics into policies, interventions, and products that solve some of the
world toughest problems.
Realini is a globally recognized banking innovator and mobile payment pioneer
as well as a successful serial entrepreneur, author, and board member. She is passionate about the potential of
mobile to enable financial services that empower people’s life and work.
Business Development, Payments at Google
Weiner is a recognized leader and proven entrepreneur with a
consistent track record of creating and managing successful business ventures.
Judges will select App Design winners from
among the eight best comprehensive design proposals for apps submitted by
companies, individuals, and teams of individuals. Contestants are asked to complete an online submission
form detailing their design and how it will improve financial access and/or
capability. The MyMoneyAppUp Challenge
is open to all U.S. citizens and permanent residents who are 18 years or older. For complete details on Challenge eligibility
requirements and rules, visit MyMoneyAppUp.Challenge.gov.
A grand prize, two runners-up, and two
honorable mentions will be selected at a soon-to-be announced awards event in
Washington, DC, and will receive cash prizes ranging from $2,500 to $10,000. To submit your App Design, go here.
Watch this space
for all the latest updates on the MyMoneyAppUp
Challenge or follow us on Twitter at #mymoneyappup.
Raseman is the Director for Smart Disclosure at the U.S. Department of the Treasury.