Innovation Strategy: Developing Your Fintech strategy
Ends soon! Keep adding new skills with 10,000+ programs for $239 (usually $399). Save now.
Innovation Strategy: Developing Your Fintech strategy
This course is part of Digital Transformation in Financial Services Specialization
Instructors: Jonas Hedman
14,634 already enrolled
Included with
284 reviews
284 reviews
Details to know
See how employees at top companies are mastering in-demand skills
Build your subject-matter expertise
- 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 video•Total 5 minutes
- Introduction to the course•5 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 videos•Total 49 minutes
- Introduction to the module•1 minute
- Pulverizing finance•9 minutes
- Danske Bank: Changing market•4 minutes
- The Disruption of Finance•5 minutes
- Spotting Disruption•8 minutes
- Danske Bank: The Digital Transformation of Finance•7 minutes
- Need for Speed: Hypercompetition•6 minutes
- Position your Fintech Strategy•9 minutes
4 readings•Total 41 minutes
- PSD2 - Changing the face Banking in Europe - and in the US•20 minutes
- Clayton Christensen on Disruptive Innovation•8 minutes
- Richard D'Aveni on Unsustainable Advantage•3 minutes
- The unbundling of finance•10 minutes
5 assignments•Total 89 minutes
- Module assessment•30 minutes
- Recapture 1•15 minutes
- Recapture 2•8 minutes
- Recapture 3•6 minutes
- Recapture 4•30 minutes
1 discussion prompt•Total 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 videos•Total 48 minutes
- Introduction to the module•2 minutes
- Innovation struggles•8 minutes
- Danske Bank: Barriers to innovation•3 minutes
- Moonshot factories•7 minutes
- Danske Bank: Bold innovation•7 minutes
- All-speed IT•9 minutes
- Danske Bank: Working differently•3 minutes
- Follow the digital trace•9 minutes
6 readings•Total 67 minutes
- Who killed Nokia?•12 minutes
- Google: The unexpected benefit of celebrating failure•16 minutes
- Danske Bank: A critical look at June•10 minutes
- Gartner: The myths about Bimodal•12 minutes
- More about DevOps•7 minutes
- More about Kaizen•10 minutes
5 assignments•Total 68 minutes
- Module assessment•30 minutes
- Recapture 5•12 minutes
- Recapture 6•12 minutes
- Recapture 7•8 minutes
- Recapture 8•6 minutes
1 discussion prompt•Total 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 videos•Total 35 minutes
- Introduction to the module•2 minutes
- Tech acquisitions - The shortcut to innovation?•8 minutes
- Danske Bank: Fintech acquisitions•2 minutes
- Teaming up - The year of Fintech partnerships?•6 minutes
- Danske Bank: Fintech partnerships•3 minutes
- Accelerators - Cultivating your ecosystem•7 minutes
- Hackathons - Seeding the innovation pipeline•6 minutes
4 readings•Total 55 minutes
- Microsoft-Skype and the integration paradox•10 minutes
- Deutsche Bank - Creating new opportunities through strategic alliance•20 minutes
- Wells Fargo accelerator program•10 minutes
- A practical guide to arranging hackathons•15 minutes
5 assignments•Total 95 minutes
- Module assessment•30 minutes
- Recapture 9•30 minutes
- Recapture 10•10 minutes
- Recapture 11•15 minutes
- Recapture 12•10 minutes
1 discussion prompt•Total 10 minutes
- Whats in it for me?•10 minutes
What's included
2 videos3 readings1 peer review
2 videos•Total 8 minutes
- Danske Bank: The need for a FinTech strategy•2 minutes
- Danske Bank: Leveraging regulation•6 minutes
3 readings•Total 30 minutes
- Capstone project assignment•10 minutes
- Danske Bank: State of business•10 minutes
- Danske Bank: How to capitalize on digital disruption?•10 minutes
1 peer review•Total 60 minutes
- Develop a FinTech strategy•60 minutes
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
Instructors
Offered by
Explore more from Business Strategy
- Status: Free TrialC
Copenhagen Business School
Course
- Status: Free TrialC
Copenhagen Business School
Course
- Status: Free TrialU
University of Cape Town
Course
- Status: Free TrialU
University of Illinois Urbana-Champaign
Course
Why people choose Coursera for their career
Learner reviews
- 5 stars
66.54%
- 4 stars
27.81%
- 3 stars
3.16%
- 2 stars
1.05%
- 1 star
1.40%
Showing 3 of 284
Reviewed on Feb 10, 2019
Amazing content relevant to the current times and engagingly delivered.Thanks Team!!
Reviewed on Sep 28, 2020
Tutor was awesome. I got all the topics in my domain.
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.
Frequently asked questions
To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.
More questions
Financial aid available,
¹ Some assignments in this course are AI-graded. For these assignments, your data will be used in accordance with Coursera's Privacy Notice.
