Trendopoly — March 4, 2007 — Lifestyle
Disabled individuals will soon have the option of having their service dogs assist them with their financial tasks. Dogs are currently being trained to retrieve money from bank machines. Canine Partners, an organization that specializes in the training of service dogs, have developed a training program that equips dogs with the ability to insert and remove bank cards and retrieve cash. Human input is still required when it comes to entering information, however, much of the manual dexterity required will be handled by the dog. In addition, having a dog close at hand will be a great security measure and will reduce the incidence of theft from disabled individuals.
Trend Themes
1. Financial Assistance Dogs - The training of service dogs to perform financial tasks for disabled individuals presents a disruptive innovation opportunity in the field of assistance animals.
2. Inclusive Banking Solutions - The development of training programs that enable service dogs to interact with bank machines provides an opportunity for disruptive innovation in the banking industry to create more inclusive financial services.
3. Enhanced Security Measures - The use of service dogs as a security measure for disabled individuals during financial transactions presents a disruptive innovation opportunity to improve safety and reduce theft incidents.
Industry Implications
1. Assistance Animal Training - The development of training programs for service dogs to perform financial tasks creates new opportunities in the assistance animal training industry.
2. Banking - The interaction between service dogs and bank machines introduces disruptive innovation potential in the banking industry to enhance accessibility and convenience for disabled individuals.
3. Security - The use of service dogs as a security measure during financial transactions implies a disruptive innovation opportunity in the security industry to enhance safety and prevent theft incidents.
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