FinTech Video Library
FEATURED VIDEO | SERIES 1 (2020)
Looking Back, Looking Forward - Ep. 9
In this episode of Looking Back Looking Forward: Ant Group & Global Digital Finance Platforms - the last of 2020 - Professor Douglas Arner discusses how COVID-19 has driven digitisation of finance to new levels, marking the emergence of FinTech 4.0. In finance, the impact of COVID-19 on digitisation can be seen in dramatic increases in e-commerce and digital communications, with particularly dramatic increases in: 1) electronic payment and digital currencies; 2) regulatory technology (RegTech); 3) non face-to-face transactions, and 4) data and concentration. FinTech 4.0 is characterised by the emergence of increasingly dominant digital finance platforms benefiting from network effect and economies of scope and scale while integrating finance and technology. The best example is China's Ant Group and the dramatic halt of its IPO - which would have been the world's largest - by Chinese regulators in November 2020 as a result of the fact that these platforms bring not only benefits but also huge new risks and concerns.
LBLF Ep. 9 - Ant Group & Global Digital Finance Platforms (Loading)
Prof. Douglas Arner
Kerry Holdings Professor in Law
University of Hong Kong
In this edX course, through a series of video lectures, case studies, and assessments, learners will explore the major areas of FinTech including, beginning with What is FinTech before turning to Money, Payment and Emerging Technologies, Digital Finance and Alternative Finance, FinTech Regulation and RegTech, Data and Security, and the Future of Data Driven Finance, as well as, the core technologies driving FinTech including Blockchain, AI and Big Data. These will set the stage for understanding the FinTech landscape and ecosystem and grappling with the potential direction of future change.