About this Course

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Beginner Level
Approx. 7 hours to complete
English
Subtitles: English

What you will learn

  • Explain how current payment systems operate.

  • Describe inefficiencies in current practices in the processing of payments.

  • Relate new technological innovations to current inefficiencies.

  • Build value propositions for new technologies in the payment space.

Skills you will gain

processing paymentsPayment Processingpayment technologyValue PropositionsPayment Systems
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Flexible deadlines
Reset deadlines in accordance to your schedule.
Beginner Level
Approx. 7 hours to complete
English
Subtitles: English

Offered by

University of Michigan logo

University of Michigan

Syllabus - What you will learn from this course

Week
1

Week 1

1 hour to complete

Introduction and What is FinTech?

1 hour to complete
2 videos (Total 14 min), 3 readings
2 videos
Fintech Innovations: Series Introduction8m
3 readings
Syllabus6m
Help Us Learn More About You!10m
Learning from a Case10m
Week
2

Week 2

2 hours to complete

Digital Wallets

2 hours to complete
6 videos (Total 46 min), 2 readings, 2 quizzes
6 videos
The Checking System and the Importance of Financial Intermediation7m
Electronic Fund Transfers Using Automated Clearing House (ACH)10m
Pure Digital Wallets8m
From Pure Wallet to Payment Ecosystem8m
Social-Network-Based Payment Innovations6m
2 readings
Case Reading: The FinTech Island Story10m
Case Reading: Let the Adventure Begin!10m
2 practice exercises
Case Discussion Participation5m
End of Module Quiz30m
Week
3

Week 3

2 hours to complete

Credit Card Innovations

2 hours to complete
6 videos (Total 47 min), 2 readings, 2 quizzes
6 videos
Credit Card Network: Key Stakeholders and Business Models9m
The credit card network: advantages and inefficiencies7m
Innovations that Make Credit Card Transactions More Secure4m
Innovations that Make Credit Card Transactions More Secure (con't)10m
Innovations that Expand Credit Cards’ Customer Base9m
2 readings
Case Reading: FinTech Island Continued10m
Case Reading: FinTech Island Continued10m
2 practice exercises
Case Discussion Participation5m
End of Module Quiz30m
Week
4

Week 4

2 hours to complete

Payment Technology in Emerging Markets

2 hours to complete
4 videos (Total 41 min), 2 readings, 2 quizzes
4 videos
M-Pesa: Business Model5m
M-Pesa: Business Model Continued6m
PayTech in India21m
2 readings
Case Reading: FinTech Island Wrap-Up10m
Course Feedback10m
2 practice exercises
Case Discussion Participation5m
End of Module Quiz30m

Reviews

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About the Financial Technology (Fintech) Innovations Specialization

This specialization is intended to familiarize learners with a broad range of financial technologies. While finance has always been at the forefront of technological innovation, the financial industry is changing rapidly in the face of new technology. In the past, at the forefront of innovation in finance were central governments and financial institutions. Today, information technology firms and professionals are leading innovation in the financial industry. Our goal is to show learners the genesis and use cases of the technology. We hope to familiarize professionals sufficiently with the technology that they can utilize and adapt the technologies in their careers....
Financial Technology (Fintech) Innovations

Frequently Asked Questions

  • Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:

    • The course may not offer an audit option. 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.
  • 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. If you only want to read and view the course content, you can audit the course for free.

  • If you subscribed, you get a 7-day free trial during which you can cancel at no penalty. After that, we don’t give refunds, but you can cancel your subscription at any time. See our full refund policy.

  • Yes, Coursera provides financial aid to learners who cannot afford the fee. Apply for it by clicking on the Financial Aid link beneath the "Enroll" button on the left. You'll be prompted to complete an application and will be notified if you are approved. You'll need to complete this step for each course in the Specialization, including the Capstone Project. Learn more.

  • This Course doesn't carry university credit, but some universities may choose to accept Course Certificates for credit. Check with your institution to learn more. Online Degrees and Mastertrack™ Certificates on Coursera provide the opportunity to earn university credit.

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