Digital Payments Evolution
Published 11/2024
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 289.38 MB | Duration: 1h 56m
Navigating the Evolving Landscape of Digital Payments - Trends, Challenges, and Future Insights
What you'll learn
What is digital finance and how it has and continues to change the world of payments.
Find out how emerging economies from China and India to Brazil built alternative payments models.
Discover the concept of digital money and the issues that they bring to the table.
Fintech and Techfin - one and the same, or totally different?
How will regulation affect the different models and the participants?
Who are the main contenders in the world of digital payments?
Requirements
No advanced preparation or prerequisites are required for this course
Description
In this course, we explore the current landscape of digital payments, delving into the complexities of an industry divided among three major competitors, each with its own distinctive payments model: the West, China, and India/Brazil. We analyze the diverse participants, including traditional banks and emerging non-bank entities, alongside the ever-expanding spectrum of payment methods, interfaces, and systems.Additionally, we examine the impact of open banking, regulatory frameworks, and provide insights into the future trajectory of digital payments within the context of these three models.The primary aim of this course is to provide a comprehensive understanding of both current and evolving payment infrastructures, highlighting the future direction of the payments industry.The payments landscape has undergone profound and lasting transformations driven by technological advancements, innovations, and the emergence of new market entrants. This transformation is accelerating rapidly, making yesterday's breakthroughs obsolete at an unprecedented pace.Traditional banks, non-bank entities, and major technology companies are engaged in fierce competition to establish dominance in this pivotal sector, which is central to all payment-related activities. Moreover, regulatory bodies have become active participants, adding to the dynamic nature of the environment.Throughout this course, we will explore various aspects of payments within the realms of digital finance and emerging markets. Topics include the distinction between fintech and techfin, cryptocurrencies, digital currencies, international finance, and speculative insights into the future of digital payments.
Overview
Section 1: Introduction
Lecture 1 Introduction
Section 2: Digital Finance - Part 1
Lecture 2 How Digital Finance evolved
Section 3: Digital Finance - Part 2
Lecture 3 The history of payments; from then until now
Section 4: Emerging Markets
Lecture 4 How emerging economies from China to India to Brazil have built alternative paym
Section 5: Fintech versus Techfin
Lecture 5 So you thought that Fintech & Techfin were one and the same? Well, think again
Section 6: Cryptocurrencies
Lecture 6 The promise of crypto has not lived up to its initial excitement.
Section 7: Digital Money
Lecture 7 The roll-out of central-bank digital currencies is proving slower than expected.
Section 8: International Finance
Lecture 8 Will digital finance reduce the world's dependence on the dollar?
Section 9: The Future
Lecture 9 The future? There are risks but also big potential benefits from digital payment
Section 10: Summing it all up
Lecture 10 A review of the full course.
Section 11: Glossary
Lecture 11 A glossary of terms used in the course that the user may not be familiar with.
Entry level staff in the financial and business world (banks, credit unions, insurance, commercial enterprises) who need a detailed understanding of today's digital payments world.,Middle and Senior management in banks, credit unions, insurance companies.,Back-office staff in banks, credit unions, credit card companies who deal with payments.,Mid-Level Managers and Specialists in banks, credit unions, insurance companies.,Senior Executives and Strategy Leaders in banks, credit unions, insurance companies.,Regulatory and Policy Makers in banks, credit unions, insurance companies.,Consultants and Analysts in financial and digital payments sectors