FinTech Foundations and Overview

The Hong Kong University of Science and Technology

FinTech Foundations and Overview

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

Instructor: Theodore Henry King CLARK

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Assessments

4 quizzes

Taught in English

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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.

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There are 4 modules in this course

Our primary goal is to help you to understand FinTech 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.

This FIRST MOOC ON FINTECH IN ASIA-PACIFIC offered by HKUST presents the insight of several professors from the top business school in Asia as well as perspectives from industry professionals. HKUST has been ranked for many years as the No.1 EMBA program in the world, as the number one Finance program in Asia, and as the top MBA program in Asia by multiple independent rating and review journals and surveys. This course "FinTech Foundations and Overview" offers the combined strengths of HKUST in Business, Finance, and Technology as one the world's leading academic institutions on an important area of technology and business innovations. For learners from outside Asia, this also gives an insight into changes happening in the most advanced FinTech markets of the world, since Asia leads worldwide in FinTech adoption and creative innovations.

In this module (week one), students will gain a multi-dimensional perspective on what FinTech means from the perspective of large firms (and older participants in the industry - e.g. dinosaurs), entrepreneurs, investors, and consumers. Examining what FinTech is, or is not, provides a foundations upon which students can build for better understanding of opportunities and changes.

What's included

11 videos2 readings1 quiz3 discussion prompts

11 videosTotal 93 minutes

1.1: Introduction to FinTech Foundations & Overview7 minutesPreview module
1.2: FinTech For Dinosaurs (Part 1)8 minutes
1.3: FinTech For Dinosaurs (Part 2)6 minutes
1.4: FinTech For Entrepreneurs (Part 1)11 minutes
1.5: FinTech For Entrepreneurs (Part 2)8 minutes
1.6: FinTech For Entrepreneurs (Part 3)6 minutes
1.7: FinTech For Investors (Part 1)7 minutes
1.8: FinTech For Investors (Part 2)10 minutes
1.9: FinTech For Consumers10 minutes
1.10: FinTech Case Study: Capital One10 minutes
1.11: What is FinTech? Summary6 minutes

2 readingsTotal 20 minutes

Course Outline10 minutes
Assignment & Grading10 minutes

1 quizTotal 30 minutes

Quiz - Week 130 minutes

3 discussion promptsTotal 30 minutes

Meet, Greet and Buddy up!10 minutes
Why has media consumption and attention span changed over time?10 minutes
Your views about other FinTech perspectives10 minutes

The Business Applications of FinTech are essentially the Fin part of the FinTech world, and in this module, we will examine applications across six categories of FinTech, including lending and personal finance, crowd-finding and business financing, payments and retail transactions, equity, trading and investment applications, various types of cryptocurrencies, and banking infrastructure and tools.

What's included

15 videos1 quiz1 discussion prompt

15 videosTotal 128 minutes

2.1: FinTech Business Applications Overview3 minutesPreview module
2.2: Lending & Personal Finance (Part 1)11 minutes
2.3: Lending & Personal Finance (Part 2)8 minutes
2.4: Crowd-Funding and Business Financing (Part 1)9 minutes
2.5: Crowd-Funding and Business Financing (Part 2)6 minutes
2.6: Payments and Retail Transactions (Part 1)7 minutes
2.7: Payments and Retail Transactions (Part 2)8 minutes
2.8: Equity, Trading, and Investments (Part 1)9 minutes
2.9: Equity, Trading, and Investments (Part 2)7 minutes
2.10: Equity, Trading, and Investments (Part 3)5 minutes
2.11: Cryptocurrencies (Part 1)10 minutes
2.12: Cryptocurrencies (Part 2)12 minutes
2.13: Banking Infrastructure, Tools, and Logistics (Part 1)6 minutes
2.14: Banking Infrastructure, Tools, and Logistics (Part 2)7 minutes
2.15: FinTech Business Applications Summary12 minutes

1 quizTotal 30 minutes

Quiz - Week 230 minutes

1 discussion promptTotal 10 minutes

Share your cryptocurrency experience10 minutes

The Technology enabling and supporting FinTech is important to understand, and this module provides a brief introduction to each of the areas of technology that enable FinTech business changes, including identity and privacy technologies, blockchain and encryption, big data analytics, AI and automation, and consumer tech innovations. This introduction is designed to be at a level appropriate for business managers or students of business, and is not intended to excite or engage tech geeks.

What's included

12 videos1 quiz2 discussion prompts

12 videosTotal 102 minutes

3.1: The Tech of FinTech Overview8 minutesPreview module
3.2: Identity, Privacy, and Anonymity (Part 1)9 minutes
3.3: Identity, Privacy, and Anonymity (Part 2)8 minutes
3.4: Blockchain and Encryption (Part 1)8 minutes
3.5: Blockchain and Encryption (Part 2)8 minutes
3.6: Big Data and Analytics (Part 1)8 minutes
3.7: Big Data and Analytics (Part 2)8 minutes
3.8: AI, DSS, and Automation (Part 1)8 minutes
3.9: AI, DSS, and Automation (Part 2)8 minutes
3.10: Smartphones & Customer Tech (Part 1)8 minutes
3.11: Smartphones & Customer Tech (Part 2)6 minutes
3.12: The Tech of FinTech Summary9 minutes

1 quizTotal 30 minutes

Quiz - Week 330 minutes

2 discussion promptsTotal 20 minutes

What do you see as new technology that could change how consumers interact with or use financial services?10 minutes
Which area of technology innovation matters most in your opinion?10 minutes

Building on our understanding of FinTech market applications and FinTech technologies, we move in this module to examine the implications of FinTech changes and challenges for existing financial services companies, and we look at current and future trends in FinTech world-wide. This module concludes, after the final quiz, with a final course project in which students will present their recommendations for senior managers of a large, established Asia-Pacific bank to take advantage of and respond to FinTech challenges and opportunities.