FinTech Security and Regulation (RegTech)

The Hong Kong University of Science and Technology

FinTech Security and Regulation (RegTech)

This course is part of FinTech: Finance Industry Transformation and Regulation Specialization

Instructor: Theodore Henry King CLARK

Access provided by Signature Performance, Inc.

22,160 already enrolled

5 modules

Gain insight into a topic and learn the fundamentals.

319 reviews

Beginner level

No prior experience required

Flexible schedule

2 weeks at 10 hours a week

Learn at your own pace

97%

Most learners liked this course

5 modules

Gain insight into a topic and learn the fundamentals.

319 reviews

Beginner level

No prior experience required

Flexible schedule

2 weeks at 10 hours a week

Learn at your own pace

97%

Most learners liked this course

Skills you'll gain

Tools you'll learn

Fraud detection

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

4 assignments¹

AI Graded see disclaimer

Taught in English

See how employees at top companies are mastering in-demand skills

Learn more about Coursera for Business

logos of Petrobras, TATA, Danone, Capgemini, P&G and L'Oreal

Build your subject-matter expertise

This course is part of the FinTech: Finance Industry Transformation and Regulation Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 5 modules in this course

This course "FinTech Security and Regulation (RegTech)" help you to understand RegTech and to become more confident and persuasive in your ability to analyze and make recommendations to executives within the finance industry regarding how to react to these changes, e.g. Regulations to cryptocurrencies like BitCoin & Initial Coin Offering (ICO). It presents the views of several professors from the top business school in Asia as well as perspectives from industry professionals.

In this module, learners will examine the relationship between security and regulation as twin methodologies for managing and reducing risk in financial services. Issues explored will include "What is RegTech?", "What is InsurTech?", and how can we determine when regulation and security are enough or too much to achieve important social & business objectives.

What's included

14 videos2 readings1 assignment4 discussion prompts

14 videos Total 105 minutes

1.1 Course & Module 1 Introduction 7 minutes
1.2a Risk & Risk Management (Part 1) 9 minutes
1.2b Risk and Risk Management (Part 2) 8 minutes
1.3a Goals of Security & Regulation (Part 1) 6 minutes
1.3b Goals of Security & Regulation (Part 2) 8 minutes
1.4a What is RegTech? (Part 1) 7 minutes
1.4b What is RegTech? (Part 2) 6 minutes
1.5a What is InsurTech? (Part 1) 10 minutes
1.5b What is InsurTech? (Part 2) 5 minutes
1.6a Do regulations help society? (Part 1) 9 minutes
1.6b Do regulations help society? (Part 2) 6 minutes
1.7a How much security is optimal? (Part 1) 8 minutes
1.7b How much security is optimal? (Part 2) 10 minutes
1.8 FinTech Security and Regulation : Introduction & Overview Summary 6 minutes

2 readings Total 20 minutes

Course Outline 10 minutes
Assignment & Grading 10 minutes

1 assignment Total 20 minutes

Module 1 Quiz 20 minutes

4 discussion prompts Total 40 minutes

Meet, Greet and Buddy up! 10 minutes
High level of fraud in FinTech companies? 10 minutes
RegTech disruption 10 minutes
"Ease of use" vs "Security" 10 minutes

In this module, we explore some of the tools government use to regulate financial markets and discuss potential challenges for FinTech innovators in complying with these regulations. Some basic terms commonly used in finance such as AML & KYC are defined and described. We examine the role of different government agencies as well as alternative social objectives that influence the development of regulations over time.

What's included

12 videos1 assignment1 discussion prompt

12 videos Total 104 minutes

2.1 Introduction to Risk Management & Government Control 6 minutes
2.2 AML & KYC in FinTech 11 minutes
2.3 Interview with the Chief Operating Officer of HSBC Asia Pacific about RegTech 14 minutes
2.4a Government Regulation to Protect Consumers (Part 1) 10 minutes
2.4b Government Regulation to Protect Consumers (Part 2) 7 minutes
2.5a Regulation to Increase Tax Compliance & Control (Part 1) 9 minutes
2.5b Regulation to Increase Tax Compliance & Control (Part 2) 7 minutes
2.6a Insurance, Risk Management, and Controls to Protect Society (Part 1) 10 minutes
2.6b Insurance, Risk Management, and Controls to Protect Society (Part 2) 5 minutes
2.7a Weak Regulations lead to Financial Crisis & Meltdown: AIG case study (Part 1) 9 minutes
2.7b Weak Regulations lead to Financial Crisis & Meltdown: AIG case study (Part 2) 9 minutes
2.8 Risk Management & Government Control Summary 8 minutes

1 assignment Total 20 minutes

Module 2 Quiz 20 minutes

1 discussion prompt Total 10 minutes

Too big to fail? 10 minutes

In this module, we discuss the issues and challenges of preventing and detecting fraud and crime in financial markets. Topic discuss will include data theft and related security technologies, human challenges in implementing effective security, and electronic evidence & digital forensics issues. Recommendations for FinTech firms are provided to reduce risk of fraud and crime.

What's included

11 videos1 assignment1 discussion prompt

11 videos Total 103 minutes

3.1 Introduction to Fraud, Crimes, & Security 3 minutes
3.2a Cybersecurity- Data and Related Technologies (Part 1) 11 minutes
3.2b Cybersecurity- Data and Related Technologies (Part 2) 11 minutes
3.3a Cybersecurity - Human Related Issues (Part 1) 7 minutes
3.3b Cybersecurity - Human Related Issues (Part 2) 10 minutes
3.4a Digital Forensics & Electronic Evidence Discovery (Part 1) 10 minutes
3.4b Digital Forensics & Electronic Evidence Discovery (Part 2) 11 minutes
3.5a UN Model Law on E-commerce & FinTech (Part 1) 10 minutes
3.5b UN Model Law on E-commerce & FinTech (Part 2) 15 minutes
3.6 Recommendations for FinTech Firms on Cybersecurity 8 minutes
3.7 Fraud, Crimes, & Security Summary 6 minutes

1 assignment Total 20 minutes

Module 3 Quiz 20 minutes

1 discussion prompt Total 10 minutes

Have you ever lost your work phone? 10 minutes

In this module, learners will explore a variety of government initiatives related to FinTech & RegTech. Topics included open banking APIs in Europe, crypto-currency & ICO regulations, evolution of FinTech regulations in US & Europe, China regulations on FinTech, and regulatory issues in HK, Singapore & other jurisdictions.

What's included

9 videos1 assignment1 discussion prompt

9 videos Total 80 minutes

4.1 Introduction to Global Trends & Government Initiatives in RegTech 6 minutes
4.2a UK Open Banking Initiative (Part 1) 9 minutes
4.2b UK Open Banking Initiative (Part 2) 10 minutes
4.3 USA and European Regulations on FinTech 9 minutes
4.4 Cryptocurrencies & ICO Regulations 10 minutes
4.5 FinTech Innovation by Government - Berkeley ICO 8 minutes
4.6 China Regulations and Restrictions on FinTech 10 minutes
4.7 Hong Kong, Singapore, & Other Markets on RegTech 11 minutes
4.8 Global Trends and Government Initiatives in RegTech Summary 8 minutes

1 assignment Total 20 minutes

Module 4 Quiz 20 minutes

1 discussion prompt Total 10 minutes

Government initiatives on FinTech 10 minutes

In this module, learners will complete a final project for the course involving research on regulatory decisions in multiple countries regarding a specific area of FinTech. Building on what they have discovered, learners will prepare a short video/written pitch recommending FinTech policies to a regulator in a smaller jurisdiction dealing with FinTech challenges and opportunities.

What's included

1 video1 reading1 peer review1 discussion prompt

Earn a career certificate

Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.

Instructor

Instructor ratings

(95 ratings)

Theodore Henry King CLARK

The Hong Kong University of Science and Technology

10 Courses 91,972 learners

Offered by

The Hong Kong University of Science and Technology

Why people choose Coursera for their career

Felipe M.

Learner since 2018

"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."

Jennifer J.

Learner since 2020

"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."

Larry W.

Learner since 2021

"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."

Chaitanya A.

"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."

Learner reviews

5 stars
78.75%
4 stars
16.87%
3 stars
2.50%
2 stars
0.93%
1 star
0.93%

Showing 3 of 319

Reviewed on Jan 2, 2022

i realy enjoyed this course. i look forward to further this study. This couirse should be recommended to all financial institutions staff. Thansk to cousera for this urge opportunity

Reviewed on Aug 11, 2022

The course give an overview on how to address the regulatory concern on fintech.i will reccommend this to beginners who want to have a career switch in fintech space

Reviewed on Jun 11, 2023

very good as knowledge the only problem is the project assignment was never viewed and failed so many times and I don't know why

View more reviews