Introduction to Fintech

Resource Persons:

Dr Dhanya Alex* (

Ms.Sangeeta G** (

Ms. Rohini S***(


The emerging technologies, paired with massive changes in regulations, have driven an  unprecedented transformation of finance around the world. This course is designed to explore FinTech  fundamentals and help make sense of this wave of change as it happens. 

Course Objectives: 

  • Understand how finance and technology have evolved and are transforming finance around  the world 
  • Discuss major technological trends, including cryptocurrencies, Blockchain, AI and Big Data Course Outcomes: 

At the end of the course, the student will be able to  

CO 1: Describe how Artificial Intelligence, Big Data, Crypto currencies and Block chain is changing the  Financial World. 

CO 2: Explain the recent developments in digital financial services. 

Co 3: Analyse the progress of FinTech Regulations. 

CO – PO Mapping: 

CO/PO  PO1  PO2  PO3  PO4  PO5
CO1  2
CO2  2
CO3  2


Course Delivery Methods:

Lecture  Mode Case  




CO 1  √  √ 
CO 2  √  √ 
CO 3  √  √ 


Assessment Tools: 

Quiz (5 numbers – 50 marks) Assignment (1 number – 10 marks) Total 60 marks Eligibility: 

Student should score 50% (30 marks) & 80% attendance to be eligible for the certification. Syllabus: (Total Hours Required – 30) 

Module 1: FinTech: Introduction– FinTech Evolution: Infrastructure, Collaboration between Financial  Institutions and Start-ups –FinTech Typology – Emerging Economics: Opportunities and Challenges – Introduction to Regulation Industry (6 Hours) 

Module II: Payments, Crypto currencies and Blockchain – Introduction – Individual Payments –Digital  Financial Services – Mobile Money – Regulation of Mobile Money – SFMS – RTGS – NEFT –NDS Systems  – Crypto currencies – Legal and Regulatory Implications of Crypto currencies –Blockchain – The  Benefits from New Payment Stacks (6 Hours) 

Module III: Digital Finance and Alternative Finance -Introduction – Brief History of Financial Innovation  – Digitization of Financial Services – FinTech & Funds- Crowd funding– Regards, Charity and Equity – P2P and Marketplace Lending – New Models and New Products – ICO (6 Hours) 

Module IV: FinTech Regulation and RegTech -Introduction – FinTech Regulations Evolution of RegTech  – RegTech Ecosystem: Financial Institutions – RegTech Ecosystem Ensuring Compliance from the Start:  Suitability and Funds – RegTech Startups: Challenges –RegTech Ecosystem: Regulators Industry –Use  Redesigning Better Financial Infrastructure (6 Hours) 

Module V: Data & Tech – Introduction– Data in Financial Services –Application of Data Analytics in  Finance – Methods of Data Protection – How AI is Transforming the Future of FinTech –Digital Identity  – Change in mindset: Regulation 1.0 to 2.0 (KYC to KYD) – AI & Governance – New Challenges of AI and  Machine Learning – Challenges of Data Regulation (6 Hours) 


  • Susanne Chishti and Janos Barberis, “The FINTECH Book: The Financial Technology Handbook  for Investors, Entrepreneurs and Visionaries”, John Wiley, 1st Edition, 2016 
  • Theo Lynn, John G. Mooney, Pierangelo Rosati, Mark Cummins, “Disrupting Finance: FinTech  and Strategy in the 21st Century”, Palgrave, 1st edition, 2018 
  • Abdul Rafay, “FinTech as a Disruptive Technology for Financial Institutions”, IGI Global,  January, 2019 

* Dr. Dhanya Alex, Associate Professor, FISAT Business School 

** Sangeeta G, US Tax Associate, KPMG Global Services 

*** Rohini S, US Tax Associate 2, Big Four