The Future of Finance & Fun

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Gaming and finance have slowly started to overlap lately, this article outlines the importance and rise of gamification

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According to this article, gamification tactics are already being implemented in the financial world. However, most of these tactics are features of Fintechs, which operate independently from major financial institutions. Is there a way to integrate the successful features of financial gamification into the same system that each person manages the majority of their finances? Is an in-house game feature possible to implement in banking? The article gives examples like Acorns rounding up feature and Robinhood stock trading. However, there are risks correlated with features like this and general gamification tactics. These tactics can encourage irresponsibility with one’s finances. Is there a way we could implement similar gamification tactics in a simulated enviromnet with the goal of education? Can we learn from the successes and failures of current gamification in finance and how can they be applied to financial wellbeing?

Beck, Albany. “The Future of Finance & Fun: How Fintech & Gaming Are Shaping the Industries.” Albany Beck, www.albanybeck.com/news-and-insights/the-future-of-finance-and-fun-how-fintech-and-gaming-are-shaping-the-future-of-industries. Accessed 5 Sept. 2024.