FinTech: Principles and Applications

The purpose of the course is to give students an introduction to innovation intechnology applicable to Finance (Fintech), and how it is creating disruption to modern financial services and products. The course covers multiple domains oftechnology and how they are contributing to major advancements in financialsystems, transactions, payments, and data utilization. It will develop students’understanding of key technology innovations such as APIs, mobiletechnology, Internet of Things (IoT), and Machine Learning. This course is focusedon three main FinTech areas in which technology is driving changes in the wayfinancial services are provided: (i) Banking services, (ii) Trading and Clearing, and (iii) Data and Analytics. The course will provide specific coverage and examples ofdevelopments from (1) digital payments (2) peer-to-peer lending, (3) quantitativetrading, and (4) cybersecurity management. The course will also detail how risk management issues and regulatory barriers in different fintech sectors can affect the development of technical architectures and platforms.