Fintech Foundations
Day 1
Lecture
Unravelling the Mystery: What is FinTech?
Specific goals are to:
- Understand the notion of ‘FinTech’, and what it means from the perspectives of large firms, entrepreneurs, investors and consumers
- Identify the main players in the FinTech ecosystem and the main areas of FinTech 3. Pave the path and provide the foundations for participants to build a better understanding of opportunities and changes
Topics:
a) What is FinTech (and what is it not)?
b) The FinTech ecosystem
c) Understanding FinTech innovation: Why is finance being transformed today? d) FinTech from different perspectives:
– FinTech for Dinosaurs
– FinTech for Entrepreneurs
– FinTech for Investors
– FinTech for Consumers
e) FinTech players and the latest innovations
Afternoon workshop
Introduction to the mini-capstone project, participants form teams and decide what they’ll work on over the coming days before they start mapping out the ecosystem
Day 2
Lecture
The ‘Fin’ and the ‘Tech’ in FinTech
Specific goals are to:
- Examine the various applications of FinTech and understand the areas in which it can be useful
- Dig into the technology behind FinTech
- Understand what FinTech means for established businesses and how they could benefit from its use
Topics:
a) Business applications of FinTech:
– Lending & Personal Finance
– Crowd-Funding and Business Financing
– Payments, Payment Systems and Retail Transactions
– Equity, Trading and Investments
– Cryptocurrencies
– Challenger Banks
b) Basics of FinTech technology
– Identity, Privacy, and Anonymity
– Blockchain and Encryption
– Big Data and Analytics
– AI and Automation
c) FinTech Implications for established businesses
– Why is FinTech a Threat?
– Global Trends
– Strategies for Banks and Insurance Companies
Afternoon workshop
Teams map out the ecosystem, the application areas, refine their idea, agree on the strategy and start preparing their report
Day 3
Lecture
The legal side of FinTech
Specific goals are to:
- Gain a basic understanding of what laws and regulations exist in the FinTech field 2. Familiarise with the general legal background for a more successful FinTech business
Topics:
a) What can go wrong when FinTechs don’t understand the basic regulations b) Regulation of cryptocurrency
– cryptocurrency as money
– cryptocurrency and taxes
– cryptocurrency mining
c) Regulating Initial Coin Offerings
d) FinTech Lending and the legal considerations
e) FinTech and anti-money laundering
f) The place for FinTech companies within the legal framework
Afternoon workshop
Teams finish preparing their report and create their pitch
Day 4
Exam
Presentation by each team