Future of Money Design Awards

 

We founded 'The Future of Money Design Award' on behalf of Consult Hyperion in 2009. The FOM Awards was created to develop links between the financial industry and creative practitioners from around the world. This is achieved by awarding the opportunity to present thought-provoking ideas to a group of financial experts and industry leaders at Consult Hyperion's conference. 

Arguably there has been no greater time of financial uncertainty than today and no greater need for fresh ideas and imaginative insights which help inform, suggest and question our current technological, social and cultural direction.

Each year we write and run a new brief that responds to a current trend in the payments world or challenges a certain perspective.  The briefs we have run over the years are below.

hacked banknotes by Stefano

hacked banknotes by Stefano

2017 - A series of regrettable monetary events.

One subject more likely to instigate the feeling of regret than any other is money. People regret spending it, owning it, doing nothing with it or not having it. However, regrets instigated by money are not just on an individual level; they can also be historical...

DNAmoney.jpg

2014 - Identity is the new money.

In recent years; our relationship to money has started to move beyond facilitating our personal identity (through material ownership), to identity combining with money. Social media networks are being used by creditors to gauge a person's behaviour and the likelihood of timely repayments...

Prometheus Forms Man... by Hendrik Goltzius

Prometheus Forms Man... by Hendrik Goltzius

2016 - Origins of Money.

Origin stories help give our existence narrative, they imbue a sense of meaning on objects which otherwise might appear meaningless and this is especially true for money.  Money within all its forms is often a useless object outside a given social and cultural context...

'Crime Pays' by Austin Houldsworth

'Crime Pays' by Austin Houldsworth

2013 - Design a Future financial Crime.

Crime whether we like it or not, is a driving force behind a large proportion of technological ‘progress’; this is especially true regarding money.  In 1817, a burglary at a British dockyard led the government to start a competition, challenging locksmiths to invent an unpickable lock.  The result was the Chubb detector lock, and it remained ‘unpicked’ for 33 years...

money changers by Quentin Massys

money changers by Quentin Massys

2015 - Modern monies ethical dilemma

Almost any monetary functionality can be created, to the extent that, the limits to monetary development are not technological. The limits are bound within the social realm and are tangled within philosophical questions that arise through living...

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2012 - Ease of Transactions.

New monetary innovations, like most advances in technology, sight speed and efficiency as the main engine for change. With the goal of reducing costs, increasing productivity and therefore driving economic growth. Although these very practical goals are necessary they can sometimes overgeneralise the complexities of our human condition and overlook more subtle idiosyncrasies which are at play while we deal with our personal finances.