Netherlands, Maastricht

Fintech: the Future of Finance

when 15 July 2019 - 19 July 2019
language English
duration 1 week
credits 2 EC
fee EUR 600

The combination of Finance and Technology—commonly known as Fintech—is revolutionizing the way financial services are provided. The availability of the Internet and smart phones are making it possible to take most financial services digital. This new way of meeting customers’ needs are putting enormous pressure on existing players, such as banks.

In this circumstance, by using smart technologies start-ups are disrupting the financial services markets by offering smart solutions to satisfy customer’s needs better and cheaper. However, some questions remain; how will this transformation revolutionize the financial services market? What is the future of Distributed Ledger Technology? How is Bitcoin going to evolve? How are these technologies disrupting existing business models? How are incumbents going to accommodate to disruptive technologies? How are new innovations such as Distributed Ledger Technology going to be used by various players, including governments?

Coverage:

Lesson 1: Trends and opportunities of the Fintech ecosystem
Lesson 2: Payments (do we need cash?)
Lesson 3: Future of banking (P2P Lending)
Lesson 4: Investment (Crowd Funding)
Lesson 5: Bitcoin (Distributed Ledger Technology)
Overall, we will learn how Big companies such as Google, Apple, ANT (Ali Baba), Amazon, etc. are going to change the financial services landscape in the near future?

Course leader

S. van der Laan

Course aim

After completing this course students will be able to understand:

How the financial services industry is being revolutionized by the use of the latest technologies
What the consequences of the Fintech revolution are on Banking, Payment, Investment, and Insurance
How Distributed Ledger Technology (DLT) and Bitcoin might change the world forever (e.g., cash-less society)
How alternative financing models (Crowd Funding, P2P Lending, etc.) are challenging the existing players, such as banks
What the financial services landscape will be when BigTechs such as Google, Apple, Facebook, and Amazon (GAFA) enter the Fintech market
How China is going to evolve in the Fintech market with Baidu, Alibaba, and TenCent (BAT)
Why developing countries such as China, India, Ghana and Slovenia are leading the Fintech adaptation
What the consequences of Fintech are for individuals, societies, companies, and governments
How the financial services landscape will look in the future, and what role there is for Start-ups

Fee info

EUR 600: This 1-week course costs €600,-.