This course evaluates risks to consumer protection and reviews the specific compliance risks related to data-driven/customer-centric product development, the unbundling of financial services, and the integration of third-party services providers. The course specifically focuses on the challenges of designing and implementing scalable compliance and risk management control structures. Finally, to complete the learner’s appreciation of compliance risk in the Fintech ecosystem, the course evaluates the importance of a compliance culture in the provision of financial services, specifically in a technologically driven operating/business model.
40%: Blend of competency-based MCQs & scenario analysis
60%: Final Examination
On the successful completion of this course learners will be able to:
1. Assess specific consumer protection risks inherent in the innovation of financial products in the Fintech ecosystem.
2. Examine the compliance, and ethical, risks of an increasing data-driven Fintech product development cycle.
3. Evaluate the risk management structures necessary to control the compliance risks associated with the unbundling of traditional financial services.
4. Contextualise the importance of a compliance culture in the provision of financial services in the Fintech ecosystem.