This module will cover the juncture of modern technology and finance. Its main aim is to provide a foundation across the spectrum of financial concepts driving innovations of the principal intermediation functions (money, payments, capital raising, market aggregation, price discovery, mass distribution) with examples of business models and products (neobanks, robo-advisors, crypto exchanges etc). It will facilitate better understanding of the value propositions, best practices, regulation and technology encountered in fintech start-ups and help to structure your thinking about new business and partnership opportunities from traditional financial institutional and venture funding perspective.
- The principal varieties of fintech. What is being disrupted in traditional money, payment, lending, banking and investment industries, how it is happening, and who is responsible.
- The basic features of data, algorithms and technology within fintech start-ups, value chains and wider financial networks.
- Fintech engagement and management of innovation in retail and B2B markets, examples of successes and failures, impact on traditional players.