Digital Competition in Financial Services

  • 4.6
Approx. 12 hours to complete

Course Summary

This course explores the impact of digital disruption on financial services and how technology is transforming the industry. Students will learn about emerging trends and strategies for competition in the digital age.

Key Learning Points

  • Understand how digital technology is transforming the financial services industry
  • Learn about emerging trends and strategies for competition in the digital age
  • Explore case studies and real-world examples of digital disruption in financial services

Job Positions & Salaries of people who have taken this course might have

    • USA: $70,000 - $100,000
    • India: ₹5,00,000 - ₹10,00,000
    • Spain: €25,000 - €45,000
    • USA: $70,000 - $100,000
    • India: ₹5,00,000 - ₹10,00,000
    • Spain: €25,000 - €45,000

    • USA: $80,000 - $120,000
    • India: ₹7,00,000 - ₹15,00,000
    • Spain: €30,000 - €50,000
    • USA: $70,000 - $100,000
    • India: ₹5,00,000 - ₹10,00,000
    • Spain: €25,000 - €45,000

    • USA: $80,000 - $120,000
    • India: ₹7,00,000 - ₹15,00,000
    • Spain: €30,000 - €50,000

    • USA: $90,000 - $130,000
    • India: ₹8,00,000 - ₹18,00,000
    • Spain: €35,000 - €55,000

Related Topics for further study


Learning Outcomes

  • Understand the impact of digital disruption on financial services
  • Identify emerging trends and strategies for competition in the digital age
  • Apply knowledge to real-world examples and case studies

Prerequisites or good to have knowledge before taking this course

  • Basic understanding of finance and financial services
  • Familiarity with digital technologies and trends

Course Difficulty Level

Intermediate

Course Format

  • Online
  • Self-paced
  • Video-based

Similar Courses

  • Digital Transformation in Financial Services
  • Fintech Foundations and Overview
  • Digital Marketing in Financial Services

Notable People in This Field

  • Chris Skinner
  • Brett King

Related Books

Description

Welcome to Digital Transformation Strategy! As you probably know, this is the first course in a three part specialization focused on the digital transformation of finance. We'll aim to bring you insights about how digitalization intersects with finance, culled from one of the world's top regions for digital innovation. I'm excited to have you in the class and look forward to helping you learn more about this important topic.

Outline

  • Digital Competition in Financial Services
  • Welcome to the course
  • The digital transformation
  • Module introduction
  • Beyond Digitization: Digitalization
  • A brief history of the Digitalization of Finance
  • Saxo Bank: The digital transformation
  • The Digital Customer
  • The Regulatory Game
  • Saxo Bank: Changing regulation
  • The Logic of the Digital Financial Industry
  • What does it mean to be a digital native?
  • Why should the financial sector be regulated?
  • Compliance with EU Payments Regulation
  • Financial Regulation
  • Network effects
  • Recapture Digitization and digitalization
  • Recapture The digital customer
  • Recapture Changing regulation
  • Recapture Digital markets
  • Week 1 assessment
  • Digital platforms
  • Module introduction
  • Platform economics
  • Competing with platforms
  • Extending platforms
  • Ordered chaos
  • The winner takes it all
  • History of platform economics
  • Demand side economics
  • History of Google
  • History of Microsoft
  • Open innovation
  • Generativity
  • Why a few wins
  • Recapture Platform economics
  • Recapture Platform core
  • Recapture Platform complements
  • Recapture Platform leadership
  • Recapture Competition between platforms
  • Week 2 assessment
  • Digital ecosystems
  • Module introduction
  • Predators and Pray in Business Ecosystems
  • Saxo Bank: Coopetition in business ecosystems
  • Friends and Enemies
  • Hearding cats
  • Plug n' play
  • Saxo Bank: Fusion of digital and business
  • Ecosystem thinking
  • Visa and PayPal opt for “co-opetition”
  • SAP Partner Edge
  • Winners Take Some: A New Norm in Standards Wars?
  • Recapture Digital business ecosystems
  • Recapture Coopetition
  • Recapture Ecosystem governance
  • Recapture Technology ecosystems
  • Week 3 assessment
  • Capstone project: How open is open enough?
  • Søren Kyhl: Saxo Bank in the Digital Financial Industry
  • Your assignment
  • Benny Boye Johansen: OpenAPI and OpenBank
  • Open Sesame: The Journey Towards an Open Platform Strategy – Saxo Bank

Summary of User Reviews

Key Aspect Users Liked About This Course

Many users appreciated the practical approach to learning and the real-world examples provided.

Pros from User Reviews

  • Engaging lectures
  • Relevant content
  • Knowledgeable instructors
  • Practical approach to learning
  • Real-world examples provided

Cons from User Reviews

  • Course material can be challenging
  • Technical aspects may require additional support
  • Some users found the pacing to be too slow
  • Limited interaction with other students
  • Lack of personalized feedback
English
Available now
Approx. 12 hours to complete
Jonas Hedman , Stefan Henningsson
Copenhagen Business School
Coursera

Instructor

Jonas Hedman

  • 4.6 Raiting
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