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Innovation Strategy: Developing Your Fintech strategy

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Innovation Strategy: Developing Your Fintech strategy

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Gain insight into a topic and learn the fundamentals.
4.6

284 reviews

Beginner level
No prior experience required
Flexible schedule
1 week at 10 hours a week
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
4.6

284 reviews

Beginner level
No prior experience required
Flexible schedule
1 week at 10 hours a week
Learn at your own pace

Build your subject-matter expertise

This course is part of the Digital Transformation in Financial Services Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate

There are 5 modules in this course

Welcome to Innovation strategy: Developing your Fintech Strategy! As you probably know, this is the third course in a three-part specialization focused on the digital transformation of finance.

In this course, we'll aim to bring you insights about how business strategy intersects with innovation in finance. I'm excited to have you in the class and look forward to helping you learn more about this important topic. To begin, I recommend taking a few minutes to explore the course site. A good place to start is the navigation bar on the left. Click Course Content to see what material we’ll cover each week, as well preview the assignments you’ll need to complete to pass the course. Click Discussions to see forums where you can discuss the course material with fellow students taking the class. Be sure to introduce yourself to everyone in the Meet and Greet forum! This course should take about four weeks to complete. You can check out the recommended course schedule below to see a quick overview of the lessons and assignments you’ll complete each week. By the time you finish this course, you’ll have understood the job your Fintech innovation strategy should solve and mastered both internal and external innovation tools to solve the problem. You will also have been exposed to how some of the world’s leading financial companies work with innovation and seen inspirational examples from the digital masters, such as Google, Apple and Amazon. You'll be introduced to the Capstone Project for the specialization and have a chance to form some preliminary solutions for a financial company that needs to re-think its Fintech innovation strategy. The course has a primary focus on the banking sector, with insurance as a secondary area of concern. Most examples are rooted in the North American and European financial markets. Good luck as you get started. I look forward to seeing you in class!

Welcome to "Innovation strategy: Developing your Fintech strategy". I am excited to have you in the class and look forward to your contributions to the learning community. To help you understand how the course will be structured, we would suggest that you go to the 'Start Here' tab first. After that, feel free to explore the rest of the course including the lectures, readings and quizzes. We would also encourage you to interact with each other on the Discussion Forums. This is a great way of hearing from others and discussing particular topics. So please go and introduce yourself on the 'Introduce Yourself' thread. So let’s get started!

What's included

1 video

1 videoTotal 5 minutes
  • Introduction to the course5 minutes

In this module, we focus on the problem that your FinTech strategy is supposed to solve. We start at the digital disintegration of finance and how this changed the industry dynamics to an innovation game. We conclude by identifying the new roles for competition in the digital financial marketplace, and how your FinTech strategy is essential to successfully compete in these positions.

What's included

8 videos4 readings5 assignments1 discussion prompt

8 videosTotal 49 minutes
  • Introduction to the module1 minute
  • Pulverizing finance9 minutes
  • Danske Bank: Changing market4 minutes
  • The Disruption of Finance5 minutes
  • Spotting Disruption8 minutes
  • Danske Bank: The Digital Transformation of Finance7 minutes
  • Need for Speed: Hypercompetition6 minutes
  • Position your Fintech Strategy9 minutes
4 readingsTotal 41 minutes
  • PSD2 - Changing the face Banking in Europe - and in the US20 minutes
  • Clayton Christensen on Disruptive Innovation8 minutes
  • Richard D'Aveni on Unsustainable Advantage3 minutes
  • The unbundling of finance10 minutes
5 assignmentsTotal 89 minutes
  • Module assessment30 minutes
  • Recapture 115 minutes
  • Recapture 28 minutes
  • Recapture 36 minutes
  • Recapture 430 minutes
1 discussion promptTotal 10 minutes
  • The New Normal?10 minutes

In this module, we are opening the strategic toolbox for FinTech innovation. We specifically address approaches to internal innovation, which includes focusing on both the organisational structures and more particularly on the setup of the IT department - the engine in our digital innovation process.

What's included

8 videos6 readings5 assignments1 discussion prompt

8 videosTotal 48 minutes
  • Introduction to the module2 minutes
  • Innovation struggles8 minutes
  • Danske Bank: Barriers to innovation3 minutes
  • Moonshot factories7 minutes
  • Danske Bank: Bold innovation7 minutes
  • All-speed IT9 minutes
  • Danske Bank: Working differently3 minutes
  • Follow the digital trace9 minutes
6 readingsTotal 67 minutes
  • Who killed Nokia?12 minutes
  • Google: The unexpected benefit of celebrating failure16 minutes
  • Danske Bank: A critical look at June10 minutes
  • Gartner: The myths about Bimodal12 minutes
  • More about DevOps7 minutes
  • More about Kaizen10 minutes
5 assignmentsTotal 68 minutes
  • Module assessment30 minutes
  • Recapture 512 minutes
  • Recapture 612 minutes
  • Recapture 78 minutes
  • Recapture 86 minutes
1 discussion promptTotal 10 minutes
  • Separating innovation?10 minutes

In this module, we focus on how companies in the financial service industries can source innovations from the external of the company.

What's included

7 videos4 readings5 assignments1 discussion prompt

7 videosTotal 35 minutes
  • Introduction to the module2 minutes
  • Tech acquisitions - The shortcut to innovation?8 minutes
  • Danske Bank: Fintech acquisitions2 minutes
  • Teaming up - The year of Fintech partnerships?6 minutes
  • Danske Bank: Fintech partnerships3 minutes
  • Accelerators - Cultivating your ecosystem7 minutes
  • Hackathons - Seeding the innovation pipeline6 minutes
4 readingsTotal 55 minutes
  • Microsoft-Skype and the integration paradox10 minutes
  • Deutsche Bank - Creating new opportunities through strategic alliance20 minutes
  • Wells Fargo accelerator program10 minutes
  • A practical guide to arranging hackathons15 minutes
5 assignmentsTotal 95 minutes
  • Module assessment30 minutes
  • Recapture 930 minutes
  • Recapture 1010 minutes
  • Recapture 1115 minutes
  • Recapture 1210 minutes
1 discussion promptTotal 10 minutes
  • Whats in it for me?10 minutes

What's included

2 videos3 readings1 peer review

2 videosTotal 8 minutes
  • Danske Bank: The need for a FinTech strategy2 minutes
  • Danske Bank: Leveraging regulation6 minutes
3 readingsTotal 30 minutes
  • Capstone project assignment10 minutes
  • Danske Bank: State of business10 minutes
  • Danske Bank: How to capitalize on digital disruption?10 minutes
1 peer reviewTotal 60 minutes
  • Develop a FinTech strategy60 minutes

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Instructors

Instructor ratings
4.7 (37 ratings)
Copenhagen Business School
4 Courses71,006 learners
Copenhagen Business School
4 Courses71,006 learners

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GT
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Reviewed on Feb 10, 2019

Amazing content relevant to the current times and engagingly delivered.Thanks Team!!

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Reviewed on Sep 28, 2020

Tutor was awesome. I got all the topics in my domain.

CG
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Reviewed on Jun 20, 2020

The course was great, although I wasn't expecting te quizzes. Nonetheless, I really learned so much. Perhaps you can improve on the video subtitles. Thank you for offering this course.

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