Financial Technology

The main message being brought forward over the last weeks is that FinTech and Blockchain are here to stay as enabling technological and innovation forces. Nonetheless, it has become apparent over the last few years that FinTech can become disruptive for financial services and present major challenges for entrepreneurs’ decision making and the shaping of the future corporate world.
Required: Given the above statement, you are expected to provide a critical essay discussing how you personally view the future, the impact and challenges of FinTech. Within this essay you are expected to critically analyse and provide an informed opinion on: 1) FinTech and its interaction with financial institutions 2) Blockchain and its potential for the future 3) The strategic value that FinTech solutions offer for firms Finally, you should identify and present two applications and/or start-ups that you believe stand out from the FinTech ecosystem and which encompass several benefits that FinTech in general is expected to offer.
Assessment criteria Overall, successful individual essays should:
• Provide a clear, well-structured and well-written essay according to the academic expectations of the School and based on the required task.
• Demonstrate the student’s ability to analyse, elaborate and critical discuss the relevant literature and provide meaningful and coherent arguments regarding the required FinTech elements.
• Demonstrate deep knowledge on how FinTech disrupts financial services and provides opportunities for value gains for banks and startups.