Underground25: BankSocial's Wingate Talks Collaboration with Google to Engage Students in Fintech...

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John Wingate, CEO/Founder of BankSocial, stopped by the Studio Lounge to showcase hackathons designed for credit unions, highlighting student engagement and the creation of super cool AI solutions that will take financial services to new heights.

John talked about a new collaboration with Google that provides essential resources and mentorship for these hackathons to expand them nationwide, stressing the importance of youth involvement in finance and mission-driven organizations.

Q&A summary
What is the significance of the NACUSO Reimagine event?
The NACUSO Reimagine event is a key conference focused on innovation in the financial sector, particularly for credit unions, showcasing new ideas and collaborations.
How did the hackathon component contribute to the innovation cycle for credit unions?
The hackathon allowed participants to rapidly develop ideas and solutions, proving that innovation can happen in days and weeks rather than months or years.
What role did prestigious institutions like MIT and Harvard play in the hackathon?
These institutions provided mentorship and collaboration opportunities, enhancing the quality of projects and encouraging innovative thinking among participants.
Can you explain the concept of cooperative capitalism as discussed in the podcast?
Cooperative capitalism emphasizes collaboration and community-focused solutions, aiming to serve underserved populations and drive social impact through financial services.
What were some of the standout projects developed during the hackathon?
Notable projects included AI solutions for credit unions and tools to help colleges identify overlooked students, showcasing the diverse applications of technology.
What is the Converge Accelerator and its purpose?
The Converge Accelerator aims to foster innovation through collaboration, ideation, and delivery, focusing on cooperative capitalism and financial technology advancements.

Check it out and let us know your thoughts. Be sure to watch more episodes from our 2025 NACUSO Reimagine and the latest edition of the Underground Collision on the interview archive page. And check out the sponsors who support CUbroadcast's coverage of Reimagine: 
Velera
Backbone
Tyfone
ASAPP Financial Technology
Despite Impossible podcast