• Demonstrate a broad understanding of what FinTech is and why it emerged.
• Understand and explain the fundamentals and economics of the following FinTech: blockchains, cryptocurrencies, mobile money, crowdfunding, marketplace lending.
• Analyze the potential of these FinTech (and their applications) and evaluate why they may change financial services.
• Understand and explain how technology and regulation are interacting and impacting on financial services.
• Critically assess new technologies and FinTech business models.
Breakdown complex organizational problems using the appropriate methodology
Construct expert knowledge from cutting-edge information
Demonstrate an expertise on key concepts, techniques and trends in their professional field
FinTech covers technology-enabled business model innovation in the financial services industry. FinTech is rapidly evolving across the globe and represents an existential challenge for major parts of the financial sector. These innovative technologies can disrupt existing industry structures and blur industry boundaries, facilitate disintermediation, radically change how firms create and deliver products and services, generate significant privacy, regulatory and law-enforcement challenges, offer new gateways for entrepreneurship, and create opportunities for inclusive growth.
In this course, we will provide an introductory overview of innovations that are central to FinTech. Specifically, these innovations include cryptocurrencies and blockchains, mobile money, crowdfunding, marketplace lending. We will also explore threats and opportunities that these technologies pose to incumbent firms and discuss the way that FinTech interacts with law enforcement and regulation issues. The approach adopted to address these themes is analytical.
