CFP402 - Introduction to Fintech

Subject Title
Introduction to Fintech

Subject Description

Credit Status
One credit.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

1. Demonstrate a comprehensive understanding of digital financial technologies and their impact on the financial industry.
    
2. Explain the fundamental concepts and mechanisms of blockchain and distributed ledger technology (DLT) and analyze their applications in various sectors.
    
3. Evaluate the characteristics, risks, and benefits of cryptocurrencies and assess their potential impact on traditional financial systems.
    
4. Analyze the principles and functions of decentralized finance (De-Fi) and assess its role in reshaping traditional financial services.
    
5. Identify and evaluate different payment systems, including traditional methods and emerging fintech solutions, and understand their strengths and weaknesses.
    
6. Apply principles of cybersecurity to assess and mitigate risks in financial technology systems and protect against cyber threats.
    
7. Explore the applications of artificial intelligence (AI) in fintech, including chatbots, fraud detection, and automated financial services, and understand the ethical considerations involved.
    
8. Utilize big data analytics techniques to analyze and interpret financial data, making informed decisions and identifying trends and patterns.
    
9. Understand the role of business data analytics in fintech, including data visualization, predictive modeling, and customer segmentation, to drive strategic decision-making.
    
10. Examine privacy management and identity theft in the digital era, and identify strategies to protect personal information and prevent identity theft in fintech environments.
     
11. Explore the regulatory landscape surrounding fintech, including compliance requirements, regulatory challenges, and the emergence of regulatory technology (RegTech) solutions.
     
12. Critically assess the ethical, legal, and social implications of fintech innovations, considering aspects such as consumer protection, financial inclusion, and data privacy.

Essential Employability Skills

    •  Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

    •  Respond to written, spoken, or visual messages in a manner that ensures effective communication.

    •  Execute mathematical operations accurately.

    •  Apply a systematic approach to solve problems.

    •  Use a variety of thinking skills to anticipate and solve problems.

    •  Locate, select, organize, and document information using appropriate technology and information systems.

    •  Analyze, evaluate, and apply relevant information from a variety of sources.

    •  Show respect for diverse opinions, values, belief systems, and contributions of others.

    •  Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals.

    •  Manage the use of time and other resources to complete projects.

    •  Take responsibility for one's own actions, decisions, and consequences.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: http://www.senecapolytechnic.ca/about/policies/academic-integrity-policy.html Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website http://open2.senecac.on.ca/sites/academic-integrity/for-students to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecapolytechnic.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.

Camera Use and Recordings - Synchronous (Live) Classes
Synchronous (live) classes may be delivered in person, in a Flexible Learning space, or online through a Seneca web conferencing platform such as MS Teams or Zoom. Flexible Learning spaces are equipped with cameras, microphones, monitors and speakers that capture and stream instructor and student interactions, providing an in-person experience for students choosing to study online.

Students joining a live class online may be required to have a working camera in order to participate, or for certain activities (e.g. group work, assessments), and high-speed broadband access (e.g. Cable, DSL) is highly recommended. In the event students encounter circumstances that impact their ability to join the platform with their camera on, they should reach out to the professor to discuss. Live classes may be recorded and made available to students to support access to course content and promote student learning and success.

By attending live classes, students are consenting to the collection and use of their personal information for the purposes of administering the class and associated coursework. To learn more about Seneca's privacy practices, visit Privacy Notice.