Course content
The financial services industry is a highly regulated sector that, while being dominated by traditional banks, has been subject to an entrepreneurial inflow of electronic services and disruptive technologies.
This module provides a bridge between banking, finance, and technology.
In this 2-week programme, we’ll discuss one key innovation in financial technologies – namely the development of e-commerce – alongside other modern technologies like social media, the importance of disintermediation, the rise of Challengers, peer to peer platforms (P2P), Crowdfunding, cryptography, cryptocurrency (e.g., bitcoin), blockchain, big data, cybersecurity, RegTech, and ultimately a potentially cashless society.
This module is taught as a combination of workshops and guest speakers from the industry.
Content outline
- History of money and ledger-based economics
- Disintermediation
- Traditional and challenger banks
- e-finance and services
- Big data and digital currency: cryptography, cryptocurrency, bitcoin, counterfeiting
- Blockchain: e-contracts, e-payments, and cybersecurity
- Digital forensics
- Legal and regulatory issues
- Investments: peer-to-peer and crowdfunding
- Further developments in financial innovation