The 2019 edition of the Future of Money Award (FMA) competition was challenging in designing the financial crime of the future (a speculative one, of course). Some elements from the initial briefing:
“As our money becomes completely electronic, new crimes will undoubtedly be committed, which take advantage of the technology itself or the social conventions on which it rests. Perhaps if we could imagine what crimes might happen, we could start to think about how to prevent them. What financial crimes could be committed within a completely electronic marketplace?”
The invitation was open to “to employ a speculative design approach and design a future financial crime. A crime which utilises a new loophole, a change in social convention or specific technology development”.
Our design fiction, Augmented CEO Fraud, has won the first prize and was exhibited during the FMA partner conference Money20/20 in Amsterdam. Made with Design Friction (www.design-friction.com)