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There are 5 modules in this course
The FinTech revolution is rapidly transforming the financial industry. The use of digital technologies is the norm, and together with regulatory and market changes it is creating a revolution. After completion of the module, you'll be able to: describe the changes that influence the financial sector, understand the complexity of the payment infrastructure, identify and explain the key payment instruments and how they function, understand the types of money that exits, and recognize changes in the regulatory frameworks and how they inhibit or promote innovation.
To begin, I recommend taking a few minutes to explore the course site. A good place to start is the navigation bar on the left. Click Course Content to see what material we’ll cover each week, as well preview the assignments you’ll need to complete to pass the course. Click Discussions to see forums where you can discuss the course material with fellow students taking the class. Be sure to introduce yourself to everyone in the Meet and Greet forum!
This course should take about four weeks to complete. You can check out the recommended course schedule below to see a quick overview of the lessons and assignments you’ll complete each week.
By the time you finish this course, you’ll have mastered mastered the transformational forces of digitalization and the new competitive dynamics it gives rise to, learned from leading financial companies and seen inspirational examples from the digital masters.
Good luck as you get started. I look forward to seeing you in class!
The FinTech revolution is rapidly transforming the financial industry. The use of digital technologies is the norm, and together with regulatory and market changes it is creating a revolution. To begin, we recommend taking a few minutes to explore the course site. A good place to start is the navigation bar on the left. Click 'Course Content' to see what material we will cover each week, as well preview the assignments you will need to complete. Click 'Discussions' to see forums where you can discuss the course material with fellow students taking the class. Be sure to introduce yourself to everyone in the 'Meet and Greet' forum! This course should take four weeks to complete. You can check out the recommended course schedule below to see a quick overview of the lessons and assignments you will complete each week. After completion of the course, you'll be able to: describe the changes that influence the financial sector, understand the complexity of the payment infrastructure, identify and explain the key payment instruments and how they function, understand the types of money that exits, and recognize changes in the regulatory frameworks and how they inhibit or promote innovation.
What's included
1 video1 reading1 discussion prompt
Show info about module content
1 video•Total 3 minutes
Introduction•3 minutes
1 reading•Total 6 minutes
Prerequisites for taking the course•6 minutes
1 discussion prompt•Total 10 minutes
Why FinTech?•10 minutes
FinTech essentials
Module 2•6 hours to complete
Module details
In this module, we begin exploring FinTech. We start off by get to know Fintech, by looking into six different FinTech domains, followed by FinTech as an area of investments. Then we dig into the technologies of FinTech, before we look at the regulatory changes that transforms the industry. After completion of the module, you will be able to: summarize the domains of FinTech; describe the FinTech market and make arguments for what the sector is emerging; outline the Financial technologies and how the are transforming the market; give examples of how regulations influence the FinTech market
White washing, Laundering, and Anti-Terrorist•10 minutes
8 assignments•Total 240 minutes
FinTech•30 minutes
The domains of FinTech•30 minutes
Fintech market quiz•30 minutes
FinTech technology quiz•30 minutes
KYC quiz•30 minutes
SEPA quiz•30 minutes
PSD2 quiz•30 minutes
White washing question•30 minutes
1 discussion prompt•Total 10 minutes
Regulatory Experience•10 minutes
Money and payments
Module 3•5 hours to complete
Module details
At the heart of the Fintech revolution you will find money and payments. It makes the world go around. In this module, we will learn about money and its history, difference between central bank money and bank money, different payment instruments, and finally how payment instruments are used in contemporary payment methods.
Money has several roles, including a medium of exchange, i.e. as a payment. In this module, we focus on the complex digital platforms or eco-systems that surrounds payments. We this from four different perspectives or level of analysis, including bank level, national level, and cross border level. However, first we shall look into the payment process.
What's included
5 videos6 readings4 assignments
Show info about module content
5 videos•Total 15 minutes
Introduction•0 minutes
Payment process•4 minutes
Bank payment systems•3 minutes
Interbank processing•4 minutes
Correspondent banking•3 minutes
6 readings•Total 48 minutes
How Should You Pay!•10 minutes
Payment Systems•9 minutes
Interbanking in USA and Europe•12 minutes
SWIFT Network•8 minutes
Western Union•2 minutes
Herstatt Risk•7 minutes
4 assignments•Total 120 minutes
Pain of paying•30 minutes
Payment process•30 minutes
Interbank quiz•30 minutes
Cross border payments•30 minutes
Lending and crowdfunding
Module 5•5 hours to complete
Module details
The digital transformation is radically transforming the financial services as we used to know them and new areas and domains emerge. In this module, we are focusing on three areas. First, we look at P2P lending, then crowdfunding, before we conclude with open banking.
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Showing 3 of 1184
K
KB
5·
Reviewed on May 16, 2018
The course gave a great insight on importance and utility of Technology in Financial Services and how FinTech is the future for all.
B
BA
4·
Reviewed on Apr 25, 2020
Content is great, its for everyone who wants to grasp knowledge in fintech area. This is the course you can go for it and transform and implement by learning this course.
N
NV
5·
Reviewed on Jun 14, 2020
Excellent course on fintech - gives you a good overview of the industry and you can branch out from here to deeper areas that interest you.
When will I have access to the lectures and assignments?
To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.