Sunday, December 4, 2022

Mapúa and Cambridge Centre for Different Finance joint program poised to advance fintech business  – Manila Bulletin

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Mapúa College has led the cost in elevating the nation’s monetary know-how (fintech) phase with its new Fintech and Regulatory Innovation (FTRI) program, with content material powered by the Cambridge Centre for Different Finance (CCAF) of the College of Cambridge Choose Enterprise College, and in partnership with Fintech Alliance.Ph (FTAP).

Mapúa’s FTRI program is the primary off-campus Cambridge Fintech and Regulatory Innovation within the ASEAN area that has localized content material tailor-made to the Philippine setting.

The web tutor-led program, which runs for 9 weeks, will allow senior policymakers, central financial institution regulators, safety companies, and finance officers to formulate evidence-based regulatory, supervisory, and coverage responses that may handle the expansion and utilization of fintech.

“Given the breadth and widespread acceptance of fintech programs within the native and worldwide market, we, at Mapúa, consider that this system we’re providing may help senior policymakers, administrative officers, and key leaders extra successfully direct and oversee the fintech sector,” mentioned Dr. Reynaldo B. Vea, president, and chief government officer of Mapúa College. 

“We hope that by way of Mapúa’s Fintech and Regulatory Innovation (FTRI) program, which is powered by CCAF of the College of Cambridge Choose Enterprise College, and in partnership with FTAP, we may help allow the administration and enterprise leaders to create standardized measures, and applicable security nets that may safeguard the financial system, enterprises, and shoppers as fintech continues to evolve and develop,” he added. 

In contrast to different packages that solely educate fintech fundamentals, the college’s FTRI certificates course tackles hard-hitting regulation issues resembling regulatory responses, innovation places of work, regulatory and supervisory applied sciences, regulatory reforms, and worldwide cooperation.

It is going to additionally cowl important subjects resembling fintech innovation, digital belongings, digital lending and capital elevating, regulatory applied sciences (Regtech), insurance coverage applied sciences (Insurtech), and a capstone mission. 

“The concept for this course is an end result of conversations we’ve had with regulators over the previous few years a couple of dilemma we felt they had been more and more struggling to resolve. They acknowledge that technological improvements can introduce new dangers throughout the monetary system. A basic problem in resolving this dilemma is a rising data hole between technological innovators and regulators in regards to the applied sciences and enterprise fashions launched by fintech”, mentioned Prof. Robert Wardrop, Director & Co-founder of CCAF. 

“This program is exclusive as a result of we convey collectively business practitioners, regulators, and policymakers, in addition to lecturers within the subject. We’ll discover and collect views from completely different nations in relation to fintech market growth enabling contributors to seek out the solutions to challenges they face of their jurisdiction”, he added.

The absolutely on-line program may have a one-hour synchronous class as soon as per week and asynchronous classes for the remainder of the week. It is going to begin in April 2023 and conclude with capstone mission shows by June 2023. On the finish of this system, profitable graduates will obtain a certificates from Mapúa College, bearing the names of CCAF and FTAP. Other than the applying kind, contributors ought to submit an endorsement letter from their employers. For inquiries on the FTRI program, please e-mail [email protected]

Mapúa College is the main technological and engineering college within the Philippines. It’s among the many 4 Philippine universities listed within the Occasions Increased Training (THE) World College Rankings (WUR) 2023.

 

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