Fintech Empowerment Program

Course Objective

This course aims to provide participants with a comprehensive understanding of Fintech's impact on the financial industry, covering key domains, exploring transformative technologies like blockchain and AI, and addressing regulatory considerations. Participants will gain insights into practical applications, challenges, and emerging trends in Fintech, enabling them to navigate the evolving landscape effectively.

Course Outline

• • Overview of fintech and its impact on the financial industry.
  • Explanation of key fintech domains, such as payments, lending, digital banking, wealth management, and insurance.
  • Discussion of the benefits and challenges of fintech adoption.

• • Exploration of the technological foundations of fintech, including blockchain, artificial intelligence, big data analytics, and cloud computing.
  • Examination of how these technologies are revolutionizing financial services.
  • Case studies illustrating the practical applications of fintech technologies.

• • Introduction to the regulatory landscape and compliance considerations in the fintech industry.
  • Overview of key regulatory frameworks, such as Know Your Customer (KYC), Anti-Money Laundering (AML), and data protection regulations.
  • Discussion of the challenges and opportunities for fintech companies in navigating regulatory requirements.

• • Exploration of digital payment systems, including mobile wallets, peer-to-peer payments, and contactless payments.
  • Analysis of the role of fintech in enabling seamless and secure transactions.
  • Overview of emerging trends, such as decentralized finance (DeFi) and central bank digital currencies (CBDCs).

• • Discussion of alternative lending models, such as peer-to-peer lending and crowdfunding.
  • Examination of how fintech has transformed the lending landscape, including online loan marketplaces and automated credit scoring.
  • Analysis of the benefits, risks, and regulatory considerations in fintech lending.

• • Overview of digital banking services and fintech innovations in banking.
  • Exploration of neobanks, open banking, and personalized financial management tools.
  • Case studies highlighting successful digital banking models and their impact on traditional banking.

• • Introduction to robo-advisors, algorithmic trading, and automated investment platforms.
  • Discussion of how fintech has democratized access to investment opportunities.
  • Analysis of the potential risks and challenges in algorithmic decision-making and automated investing.

• • Introduction to key insurtech concepts, including AI-driven risk assessment, blockchain-enabled claim verification, and peer-to-peer insurance models.
  • Examination of how fintech has revolutionized the insurance industry, fostering transparency, personalization, and customer-centric approaches.
  • Analysis of potential risks and regulatory challenges in the realm of insurtech, including data security, ethical implications of algorithmic decision-making, and evolving regulatory frameworks.

1. • Exploration of emerging trends and future directions in fintech.
   • Discussion of topics such as artificial intelligence in finance, Internet of Things (IoT) applications, and regulatory sandboxes.
   • Closing remarks and a recap of key takeaways from the course.

Entry Requirements

Applicants should have a Polytechnic Diploma in Information Technology, Business or any other relevant disciplines.

Recognition of Prior Learning

Applicants who do not meet the entry requirements may be considered for admission to the course based on evidence of at least 5 years of relevant working experience or supporting evidence of competency readiness.

Course Date

TBD

Registration Period

TBD

Duration

8 Hours

Time

Self-paced

Mode of Training

Online Synchronous

Venue

LMS

Award / Certification / Accreditation

Digital certificates will be issued on blockchain as follows,

• Certificate of Attendance for those who have attained at least 75% attendance but did not pass the Quiz
• Certificate of Performance for those who have met attendance criteria + passed the Quiz.