FMT-1200 Foundations of Fintech

Credits: 3
This course is an introduction to financial technology, commonly referred to as “fintech.” Students examine principles and concepts of fintech and how cutting-edge technologies and applications are different from traditional financial systems. Students discover how fintech is transforming many areas of finance, including banking, payment systems, lending, investment, and insurance. Additionally, students explain the ethical and regulatory challenges that fintech presents on a global scale, including the impact on cybersecurity, global trade, and development. Finally, students explore how payment processing, cryptocurrency exchanges, personal financial management, and digital banking are facilitated through various fintech applications.

Course Outcomes

Examine the principles and concepts of fintech.
Compare and contrast traditional financial systems with cutting-edge technologies and applications.
Discuss how technologies are transforming traditional payment systems, banking, lending, insurance, and investment.
Explain the ethical and regulatory challenges caused by fintech.
Describe the use of fintech applications.