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 Treasury, MyMoneyAppup Partners Announce Eight Mobile App Design Challenge Finalists


9/21/2012
Expert Judges from Google, Facebook, Harvard, and More to Award Cash Prizes Totaling $25,000 to Top Five Finalists at September 28 Event

 

WASHINGTON – The U.S. Department of the Treasury (Treasury), the D2D Fund (D2D), and the Center for Financial Services Innovation (CFSI) today announced the eight finalists for the App Design portion of the MyMoneyAppUp Challenge, a contest 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 financial futures.

The eight finalists, who will present their App Designs to a
panel of expert judges at the MyMoneyAppUp Challenge Award Ceremony on September 28 at the Treasury Department in Washington, DC, include:

 

·         Bank Up: Patrick Peterson and Ryan Heger, Washington, DC

·         Buying Happiness: Collin O’Rourke, Waukegan, Illinois

·         Centz: Nicole Kendrot, Hoboken, New Jersey

·         Crazy Money: Nancy Anderson, Clinton, Mississippi

·         Know It All: Robert Scott, Parrish, Florida

·         MOOLAH: Pamela Chan and Eric Tyler, Washington, DC

·         My Next Car: Richard Trask, Landenberg, Pennsylvania and Jason Mastriani, Newark, Delaware

·         PayU: Marianne Switaj, Middletown, Pennsylvania

 

To view the App Design finalists’ submissions, visit http://1.usa.gov/U4Vy1B.

From these eight finalists, the panel of expert judges will select a Grand Prize Winner, to be awarded $10,000.  Additionally, two Runners-Up will win $5,000 each and two Honorable Mentions will win $2,500 each. 

The panel of expert judges includes:


  • Chris Bishko—Bishko leads Omidyar Network’s investments in U.S. technology-enabled financial services companies.
  • Jean Chatzky—Chatzky is an award-winning personal finance journalist, best-selling author, and television personality who specializes in making money make sense.
  • Sendhil Mullainathan—Mullainathan is a Professor of Economics at Harvard University 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.
  • Carol Realini—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.
  • Jennifer Taylor—Taylor leads the product marketing platform team for Facebook.  Before Facebook, Taylor was Senior Director of Product Management for Rich Media Solutions at Adobe. 
  • Jonathan Weiner—Weiner is a recognized leader and proven entrepreneur with a consistent track record of creating and managing successful business ventures.  He is currently working on business development and payments at Google.

 

Support for prizes and the administration of the Challenge by D2D and CFSI comes from the Ford Foundation, Omidyar Network, and the Citi Foundation.  No government funds were used as part of the MyMoneyAppUp Challenge.

At the conclusion of the MyMoneyAppUp Challenge, competitors who want to take their winning ideas to the next step and develop fully functional apps may enter the
Financial Capability Development (FinCapDev) Competition, a separate, complementary competition sponsored exclusively by D2D and CFSI. 

About the MyMoneyAppUp Challenge
The MyMoneyAppUp Challenge, launched by Treasury in partnership with D2D and CFSI, is a contest offering cash prizes for the best mobile app ideas and designs to help Americans make smart financial choices, access high quality financial products and services, and control and shape their financial futures.

The Challenge is part of Treasury's efforts to promote Smart Disclosure, a new initiative by the Obama Administration to expand access to data that can fuel the creation of new products and services to benefit financial consumers.  Contestants were encouraged to create ideas and designs for apps that incorporate data to promote financial capability and access.

To learn more about the Challenge, visit
http://mymoneyappup.challenge.gov.

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