Course

Unit 1

Introduction to FinTech

Introduction To Fintech – Evolution and Revolution of Fintech – Infrastructure, Banks Startups and Emerging Markets – Collaboration Between Financial Institutions and Startups – Fintech Typology – Emerging Economics: Opportunities and Challenges – Introduction to Regulation Industry – The Future of RegTech and Other Technologies Impacting it.

Unit 2

FinTech Regulations

Introduction to Fintech Regulation and RegTech – Evolution of RegTech – RegTech Ecosystem: Financial Institutions – RegTech Ecosystem Ensuring Compliance from The Start: Suitability and Funds – RegTech Startups: Challenges – RegTech Ecosystem: Regulators Industry – Use Case of AI in Smart Regulation and Fraud Detection – Regulatory Sandboxes – Smart Regulation – Redesigning Better Financial Infrastructure.

Unit 3

Fintech in Personal Finance and Payments

Peer to Peer Currency Exchange System – Insuretech – Peer to Peer Lending – Regulatory Issues – Introduction to Payment System – Crypto Currencies and Blockchain Technology – Individual Payments – Digital Financial Services – Mobile Money – Regulation of Mobile Money – SFMS – RTGS – NEFT – NDS Systems – Crypto Currencies – Types – Legal and Regulatory Implications of Crypto Currencies – ICO – Importance of ICO as Alternate Source of Finance – Blockchain Technology – The Benefits from New Payment Stacks.

Unit 4

FinTech in Capital Markets

Fintech in Capital Market – Discount Broking – Core Services and Business Model – Technology Startup – Technology Stacks for Discount Brokers – Algorithmic Trading – Lifecycle – Risk, Cost and its Role – Robo Advisory – Machine Learning or Artificial Intelligence In Robo Advisory – Building a Robo Advisory Platform – State of Robo Advisory In India.

Unit 5

Ethics in FinTech

Ethics in Fintech: Ethical issues relating to finance – ethical ways in which emerging technologies should be implemented – Cybersecurity – financial crimes and ethics in online financial transactions – human biases and prejudices in AI – fintech for financial inclusion.

Course Objective: The objective of the course is to impart skills pertaining to management of digital business and finance in the modern era.

Course Outcomes:

The students will able:

CO 1: To understand the basics of financial technologies.

CO 2: To acquire knowledge on regulations of financial technologies.

CO 3: To gain skills in financial technologies related to personal finance and payments.

CO 4: To get exposure on financial technologies related to capital markets.

CO 5: To understand ethics in financial technologies.

References:

• Agustin Rubini – Fintech in a Flash: Financial Technology Made Easy, 3^rdEdition–De G Press
• Susanne Chishti and Janos Barberis – The Fintech Book: The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries – John Wiley
• Theo Lynn, John Mooney, Pierangelo Rosati, Mark Cummins – Disrupting Finance: FinTech and Strategy in the 21st Century – Palgrave
• Leire San-Jose, José Luis Retolaza, Luc Van Liedekerke – Handbook on Ethics in Finance –