This course gives an overview of the changing regulatory environment since the 1997 Asian and 2008 global financial crisis. Following these two major crises, governments around the globe enacted a set of far-reaching new financial regulations that are aimed towards safeguarding financial stability. However, banks find it increasingly difficult to be profitable in this new regulatory environment. Technology, at the same time, has taken important leaps forward with the emergence of sophisticated models of artificial intelligence and the invention of the blockchain. These two developments fuel the emergence of fintech companies around the world. This course discusses fintech regulation in emerging markets using case studies from China and South Africa. The course pays special attention to the socioeconomic environment in emerging markets, as well as to political risk as a major source of uncertainty for fintech entrepreneurs. Peer-to-peer lending and remittances are used as leading examples for fintech innovation in emerging markets.
Introduction to Week 3
Reviews
O
Aug 12, 2019
Excellent!\n\nI enjoyed the breadth of the course and the depth it took in looking at the historical context to the rise of Fintech.
MS
Jan 21, 2019
Honestly thing it is a great course. I learnt a lot, it is well taught and the assignments test the application of the content well.
Now we reach the heart of the course - looking at the context of fintech in countries with emerging economies and what makes it different from industrialised countries. We will look at Initial Coin Offerings (ICO) which are one of the key mechanisms used fintech companies to finance themselves. We are going to focus particularly on South Africa, China and Brazil, and I have a number of interviews with people involved in banking, financial regulation and fintech from these countries.
Taught By
Co-Pierre Georg
Associate Professor
Explore our Catalog
Join for free and get personalized recommendations, updates and offers.
