Course overview
This course will provide students a conceptual understanding of the key features of FinTech and digital finance such as digital currencies, blockchains and financial regulation. Nature and definitions of FinTech and digital finance; role and functions of money, banking and finance - traditional and new; cryptocurrencies; blockchain; FinTech and machine learning; Fintech, big data and data analytics, digital finance and financial inclusion; FinTech, financial development and government regulation.
Course learning outcomes
- Conceptualise the major distinctions between traditional finance and digital finance.
- Apply the appropriate analytical methods to evaluate the effects of innovations in FinTech on financial development.
- Analyse the behaviours of key economic agents in the market for digital finance, and draw conclusions from this analysis.
- Develop an appreciation of the role of policy and regulation in the development of FinTech globally.