Financial Technology (FinTech)

Emerging technologies have over past decade shows massive changes in the way we do things, it has has shown unprecedented transformation of finance globally. This is happening more in China and Asia in general than anywhere else. Therefore, this course is designed to explore fundamentals of fintech and help learners to grab this wave of changes as they happen.

Fintech is nothing but abbreviation of ‘Financial Technology’ that aims to compete with traditional methods of finance.

At the completion of this course, you will understand:

  • Concept of Financial Technology
  • Evolution of FinTech
  • Opportunities and Challenges of FinTech
  • Technology Payment
  • Cryptocurrency and Blockchain
  • Digital Finances
  • FinTech Regulations
  • Future of Data Driven Finance

New players such as start-ups and technology firms are challenging traditional players in finance, bringing democratization, inclusion and disruption. Companies engaged in social media, e-commerce, and telecommunications, as well as, companies and start-ups with large customer data pools, creative energies, and technical capacities, have brought competition to the existing financial infrastructure and are remaking the industry.

Lessons

Opportunities of FinTech

Recently I attended the Future of Fintech Conference, where a major theme was the disruption of the financial services industry by clouds, machine learning, blockchain, and other technologies. Speakers reflected on how the bigger fish (e.g. NASDAQ, Bank of America, MunichRE) and smaller fish (e.g. Robinhood, Affirm, SoFi) have acted on and reacted towards these […]

Challenges of FinTech

FinTech has redefined financial services through technology, speed, and simplifying transactions. It has led to the emergence of new business models, products and solutions that are reshaping financial services in Nigeria. It has influenced the approach of banks to financial services. Nigerian banks now have internet/mobile banking platforms while some are also leveraging the social […]

Online Payment

An e-commerce payment system (or electronic payment system) facilitates the acceptance of electronic payment for online transactions. Also known as a sub component of Electronic Data Interchange (EDI), e-commerce payment systems have become increasingly popular due to the widespread use of the internet-based shopping and banking. Credit cards remain the most common forms of payment […]

Blockchain and Cryptocurrency

A blockchain, originally block chain, is a growing list of records, called blocks, that are linked using cryptography.Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree). By design, a blockchain is resistant to modification of the data. It is “an open, distributed ledger […]

FinTech Regulations

Financial technology (‘FinTech’) represents technologies that are disrupting the traditional banking services and revolutionising the financial landscape. For example, one can now open a bank account, save, borrow, invest and transfer money over the internet without visiting a bank. FinTech companies are also able to provide core financial products such as mortgages and loans as […]