Singapore University of Social Sciences

The fintech businesses bring new technologies, disruptive business models and a totally different mindset to the delivery of affordable financial services. The course provides a historical overview of the delivery of financial services through the perspective of an incumbent bank and then extend the discussion by looking at the innovations and disruptions that were brought forward by the challengers. Different topics of financial services in both retail and investment banking - payments, credit underwriting, fund raising, investment and trading - will be covered in the course. Case studies on important fintech businesses are used throughout the course and significant events are discussed, such as how the Global Financial Crisis in 2007/2008 hastened the decline of incumbent banks’ dominance in the delivery of financial services. To provide a balanced perspective, this course also examines how the incumbent banks are rising to the challenges posed by the fintech businesses and how they are adapting their business models to ensure longevity in their businesses. This course aims to provide fundamental understanding of financial innovations and relevant digital technologies and preparing students for new business models and the profound changes ahead in the finance industry. 金融科技企业为提供可负担的金融服务带来了新技术、颠覆性商业模式和完全不同的思维方式。该课程从现有银行的角度提供了金融服务交付的历史概览，然后通过研究挑战者提出的创新和颠覆来扩展讨论。本课程将涵盖零售和投资银行业务中金融服务的不同主题—支付、信贷承销、资金筹集、投资和交易。整个课程使用重要金融科技业务的案例研究，并讨论重大事件，例如 2007/2008 年的全球金融危机如何加速现有银行在提供金融服务方面的主导地位的下降。 为了提供一个平衡的视角，本课程还研究了现有银行如何应对金融科技业务带来的挑战，以及他们如何调整业务模式以确保业务的长寿。本课程旨在让学生对金融创新和相关数字技术有基本的了解，并让学生为新的商业模式和金融行业未来的深刻变革做好准备。