Course Methodology
The course leverages case studies from the field of FinTech to support the learning experience. It enhances engagement through storytelling, interactive exercises, group discussions, team presentations, and videos.
Course Objectives
By the end of the course, participants will be able to:
- Describe the evolution of key concepts and trends in the FinTech landscape
- Identify the technology driving FinTech today, including blockchain, artificial intelligence, and machine learning
- Develop a roadmap for FinTech-enabled business models using an array of elements as peer-to-peer lending, crowdfunding, and digital wallets
- Recognize key FinTech strategies for the effective execution of transformational change
- Apply performance measures to monitor the progress of business transformation
Target Audience
This certified course is aimed at professionals at all levels of organizations who engage in the planning, execution, or monitoring of FinTech initiatives.
Target Competencies
- FinTech evolution and outlook
- Building knowledge FinTech landscape
- Developing awareness of FinTech technologies
- Planning transformational strategies
- Executing change
- Monitoring performance of initiatives
- Evaluating FinTech investments
FinTech Evolution and Principles
- History and principles of FinTech
- Global sectors leading with FinTech
- Impact of FinTech on corporate growth
- Where machines stop, and humans take over
FinTech Technologies and Their Impact on Growth
- Wealth management robo-advisory
- Neo-banks: Challenges and growth patterns
- Mobile wallets and payment app expansion
- FinTech as an enabler for insurance, credit and lending risk
- FinTech and the management of financial operations
- Cryptocurrency adoption and regulatory challenges
Developing a Transformational Roadmap for FinTech Adoption
- Stages of implementing FinTech innovations
- Setting goals and objectives
- Feasibility study preparation
- Budgeting and funding
- The roles of the CTO and the CIO
Executing a FinTech Roadmap and Managing Change
- Four stages of execution: Prospecting, proof of concept, procurement, and implementation
- Lighthouse programs, Proof of Concept (PoC), and Minimum Viable Product (MVP) implementations
- Change management strategies in FinTech rollouts
- Failure risks and managing resistance to change
Measuring Impact of FinTech Investments
- Measuring your wins
- Cost/Benefit analysis
- Burn Rate and Client Acquisition Cost (CAC)
- Probability of failure
- Taking corrective action