25859 Fintech in Banking
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Credit points: 6 cp
Subject level:
Postgraduate
Result type: Grade and marksRequisite(s): 25741 Capital Markets
These requisites may not apply to students in certain courses.
There are course requisites for this subject. See access conditions.
Description
The subject provides a multidisciplinary combination of technical skills, knowledge about fintech and banking, and strategies to meet professional standards in the fintech industry. Students develop a deep understanding of financial institutions in Australia and overseas, including core banking systems, payments systems and processes, deposit-taking and lending, and insurance and wealth management. Students also learn how to interact with consumers through user interfaces and how to measure consumer satisfaction. They master data analytics, including credit modelling and credit scoring. They study the requirements of open banking, how to prevent money laundering, fraud, and cyber-attacks, and they learn how to make banking decisions under ethical and regulatory considerations.