| Prerequisites and co-requisites |
none |
| Course content |
- Current financial industry market situation
- Business models and areas of activity
- FinTech bounderies
- Dark Net (Tor), Anti-Money Laundering
- Regulatory requirements, chances and risks
- Future ideas and visions
- Big Data; new business fields, services and products
- Comparison of FinTechs and price differences
- Developments by country and governmental measures
- FinTech vs. traditional banking and client facing
- Development of the FinTech industry
|
| Learning outcomes |
Knowledge
- Students know the main aspects, fields of activity and developments of the FinTech industry
- They analyze and compare FinTechs as well as discuss the new technology vs. direct client services
Comprehension
- Students understand the strategic importance of FinTech technologies and potential impacts on the traditional banking industry
- They make themselves familiar with FinTec companies by analyzing product ranges, investments, costs and company structures (pre-assignment)
Application
- Students can apply the information to estimate impacts, competition and changes in the banking and the FinTech industry
- They are collecting information to identify and combine useful modules of the old and new financial industry world
Analysis
- Students analyze the industry and its products as well as the potential impact on other industries
- They are able to estimate the different opportunities / threats and cost structures
|
| Planned learning activities and teaching methods |
Pre-Assigtnment (written Analysis of a FinTech - 3 pages)
PLEASE NOTE: to avoid multiple analysis of the same FinTech companies, please send your company analysis proposal upfront to kai.gammelin@fhv.at.
Analysis criteria (as far as available)
Company and its structure
Business model / product portfolio
Impact on traditional bank product schemes
Cost structures
Investments into the new technology
Most important competitors
Lecture
Discussions
Team work
The following guest lectures are planned (depending on the availability of the speakers):
Entrepreneur: Future outlook and challenges in the FinTech industry; implementation of ideas and visions into practice
Representatives of the Financial Market Authority (FMA), Principality of Liechtenstein: The role of the FMA in a growing FinTech market; regulatory requirements and Regulatory Lab; chances and risks of different business models; Dark Net (Tor); money laundering and anti-money laundering
Data Analyst: „Big Data“ in the context of FinTech; development of new business fields, client services and products as well as optimization of internal processes; financial fraud detection, customer scoring, webanalytics and new opportunities for monetizing data assets |
| Assessment methods and criteria |
- Individual pre-assignment (1/3)
- Individual lecture performance (1/3)
- Team results (1/3)
|
| Comment |
none |
| Recommended or required reading |
|
| Mode of delivery (face-to-face, distance learning) |
Face-to-face |