FinTech and Cybersecurity Seminar
The deployment of new forms of financial technology by established financial institutions and by new entrants into the sector both in partnership and competition with each other is transforming how financial services are delivered. The development of new models such as marketplace lending and new technologies such as Bitcoin and other virtual currencies, blockchain technology and artificial intelligence raise a range of new issues for institutions, investors, consumers, regulators, and policymakers that the course will explore. The rapid development of FinTech increases the importance of robust cybersecurity defenses and risk management directed at preventing illegal activity and deterring malicious disruption of the functioning of the financial system or particular products or services. The course will explore these potential threats and the responses that are being pursued by the private sector and the government. Students will be graded on a written paper and an oral presentation and defense of the paper.