Course

Unit 1

FinTech Industry – Evolution of FinTech – FinTech Evolution 1.0: Infrastructure – FinTech Evolution 2.0: Banking industry – FinTech Evolution 3.0 & 3.5: Startups and Emerging Markets – Importance of FinTech – Global FinTech Investment – important FinTech Hubs.

Unit 2

FinTech in Payment Industry-Multichannel digital wallets – applications supporting wallets – on boarding and KYC application – FinTech in Lending Industry – Formal lending – Informal lending – P2P lending – POS lending – Online lending – Payday lending – Microfinance – Crowd funding.

Unit 3

FinTech in Wealth Management Industry-Financial Advice – Automated investing – Socially responsible investing – Fractional Investing – Social Investing – FinTech in Insurance Industry – P2P insurance – OnDemand Insurance – On-Demand Consultation – Customer engagement through Quote to sell – policy servicing – Claims Management – Investment linked health insurance.

Unit 4

4G and 5G networks fuelling FinTech Opportunities – transforming customer experience using Mobile Applications and smart phones – embedded sensors and social media – Cloud computing – Web 2.0 – Rapid Web Design – JavaScript Technologies – IoT – Big Data analytics and AI and Blockchain.

Unit 5

The revolution starter, US, Europe and UK-The fintech hub – Germany – Sweden – France – China- The FinTech dragon awakens – India-The tiger is roaring – Africa-A young FinTech continent – Australia, New Zealand and Brazil-the emerging FinTech countries – Regulatory and Policy Assessment for Growth of Fintech – FinTech as disruptors – Financial institutions collaborating with FinTech companies – The new financial world.

Course Objective:

The objective is to provide basic knowledge about financial aspects, the basics of technology applied in finance, and its importance on financial services.

Course Outcomes:

The students will able:

CO1: To understand the evolutionary journey of financial technology CO2: To explain the impact of financial technology on financial services CO3: To describe the technical know-how of financial technology

CO4: To understand the current global landscape of financial technology Industry (Fintech)

CO5: To know the global trends of Fintech

References:

1. Parag Y Arjunwadkar – FinTech: The Technology Driving Disruption in the financial service industry – CRC Press (Auerbach Publications).
2. Sanjay Phadke – Fintech Future : The Digital DNA of Finance Paperback – Sage Publications
3. Pranay Gupta, Mandy Tham – Fintech: The New DNA of Financial Services – De G Press
4. RBI – Report of working group on FinTech and Digital Banking