FinTech Primer – Financial Service Functions And Innovation Clusters
-
Speaker : STANLEY EPSTEIN
-
When : Thursday, June 26, 2025
-
Time : 11 : 30 AM EST
-
Add To Calendar
Refer a Friend
Stanley holds a Master’s degree in Economics and a BCom. degree in Accounting from the University of South Africa, Pretoria. He has extensive banking and IT experience, 33 of which were with the Standard Bank of South Africa. He also filled several industry level roles in South Africa. This included that of Chairman of the South African interbank PASA Risk Committee, member of the South African Clearing Bankers Association’s ERAG Group and of having represented South Africa at UNCITRAL (United Nations Commission for International Trade Law) in New York, in the formulation of the foundational legal concepts for electronic banking.
He has had extensive exposure to banking practice and banking operations in a number of countries including the USA, United Kingdom, South Africa, Israel, Europe and Australia. He has also acted as advisor to a number of central banks on payment systems, oversight, policy and payments risk issues.
More recently, he spent time in the high-tech sector as a payment systems designer and consultant to a global payments software developer.
From start-ups in California, New York, London, Europe, the Middle East, Asia and Africa, entrepreneurs are applying their creativity and technical ingenuity all along the financial services value chain.
This wave of innovation promises a revolution in the production and consumption of financial services. Aptly combining the words “financial” and “technology” the FinTech revolution promises changes that will democratize financial services.
The FinTech revolution holds much promise.. Expected benefits include;
- Consumers who will get more choice, better-targeted services and keener pricing.
- Small and medium sized businesses who will get access to new credit.
- Banks that will become more productive, with lower transaction costs, greater capital efficiency and stronger operational resilience.
- The financial system itself that will become more resilient with greater diversity, redundancy and depth.
- New forms of currency (like Bitcoin) that will change the way we think of and use money.
- And most fundamentally, financial services will be more inclusive; with people better connected, more informed and increasingly empowered.
Because of its seemingly vast and varied scope, FinTech is not really understood by many in the real world, whether they be business executives, managers or staff (who fail to understand what technology can do) or technologists themselves (who may have scant knowledge of the practical needs/problems of business and finance).
This three-part course is a primer to understanding FinTech in all its forms and guises.
In Part 2 we take a detailed view of financial service functions and clusters of innovation in six key areas – Payments, Market Provisioning, Investment Management, Insurance, Deposits and Lending and Raising Capital. We examine each of these functions in terms of the current “clusters” of innovation, the key disruptive trends, the main thrust of current developments, and the specific implications for financial institutions.
Areas Covered
- Introduction to Understanding FinTech - Part 2
- Functions and Clusters Payments
- Functions and Clusters Insurance
- Functions and Clusters Deposits and Lending
- Functions and and Clusters Capital Raising
- Functions and Clusters Investment Management
- Functions and Clusters Market Provisioning
Who Should Attend
Chief Technology Officers (CTOs), Chief Innovation Officers, Product Managers (FinTech), Financial Analysts, Investment Analysts, Compliance Officers, Blockchain Developers, Cybersecurity Specialists, Digital Transformation Managers, and Strategy Consultants.
Why Should You Attend
- What are the different FinTech functional areas and what are the critical issues in each?
- Explore the different FinTech functions and innovation clusters
- Discover what some of these FinTech innovations are and how they work
- Explore the implications of the different FinTech innovations
Topic Background
FinTech - a detailed view of financial service functions and clusters of innovation in six key areas – Payments, Market Provisioning, Investment Management, Insurance, Deposits Lending, and Raising Capital. We examine each of these functions in terms of the current “clusters” of innovation, the key disruptive trends, the main thrust of current developments, and the specific implications for financial institutions.
-
$160.00
-
