Bank, the Web Game!

Visiting the typical financial institution website, I can't help but notice the generational technology gap. Sure, some have great graphics and even a few have a video, but most are just web versions of their lobby.

From my point of view, all of them lack energy and the ability to engage the young customer, also known as the digital native. (See my article http://www.ababj.com//content/view/501/121/) While functional, their traditional websites are not relevant!

Today's young customer wants to be entertained, challenged, and thrilled! To accomplish this, financial institutions need to reinvent themselves in the context of the Digital Native, and engage them to want to come to our website!

Games are a great way to connect to the digital natives and they love the challenge of a quest. So start with an e-mail address campaign or a text messaging initiative. Have the digital native sign up by entering a special code and then tell them on a particular day they will receive a clue. Each clue should direct them to a specific spot on your website where, if they look hard enough, they just might find another the clue and eventually complete the quest. Perhaps you can create a website game with a quest that is tailored specifically for each age group. When the quest is completed, post the winners on You Tube and generate the BUZZ.

Of course, participants have to be customers of the bank, and that is the hook! Engaging, relevant and fun! Oh yeah, a bank... go figure!
-Dan Fisher (The Wombat!)


About the Author
fisher_dan.jpgDan Fisher is president and CEO of The Copper River Group, a consulting firm headquartered in Fargo, N. D., that focuses on technology and payment systems research and consulting for community financial institutions. For nearly 30 years, Fisher has worked in the financial industry using technology to improve the bottom line. He was CIO of Community First Bankshares (now part of BancWest), has served as a director of the Federal Reserve Board of Minneapolis, the chairman of the American Bankers Association Payment Systems Committee, a member of the Independent Community Bankers of America Payments Committee. Fisher has written numerous articles on banking technology and the payments system.  He has authored or co-authored six books and recently published a book titled, Capturing Your Customer! The New Technology of Remote Deposit. You can contact Fisher at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

P.S. To understand Dan's nickname, check out "About the Wombat" on his website, www.copperwombat.com

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Anonymous said:

Dan:

I read your Digital Native article and your blog, here, and I don't get it.

Don't bankers have enough important work to do that they should be wasting time producing some third-rate game? I mean, leave games to the game makers and banking to the bankers.

Right now, most banks need more income. Do the digital natives represent a source of that--aside from overdraft charges--that scarce staff resources should be spent on making GAMES for them/
 
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February 25, 2009
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The Wombat said:

Dear Anonymous,

Yes, we need to deal with the present, but we should also recognize that technological innovation is moving far faster than the recovery. Microsoft has announced a game based learning platform called ESP. One of the most common games today in use in classrooms all across America is JeopardyŽ. The momentum behind game based learning is building. In London (March 19 & 20) there will be a conference focused solely on game based learning. Check out the link! http://www.gamebasedlearning2009.com/
 
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March 17, 2009 | url
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