FIN208 – Fundamentals of Financial Technology
Coursework 2: Problem-Based Case Study (Individual Project)
The individual project represents 85% of the final mark for this module. It consists of a written report (85%). The submission deadline is May 23, 2025 (Week 14, Friday) by 5pm. A submission link will be provided on the LM Core one week before the deadline. University policies on late submission penalty and academic integrity will be followed.
Task Description:
As discussed in this module, several financial areas, e.g., banking, payment, insurance, investment, lending, and regulation, have been reshaped by the key technologies, e.g., AI, ML, API, cloud computing, and blockchain. Please select one financial area which has been covered in this module. Within the selected financial area, identify the major problem(s) or challenge(s) faced by stakeholders, and then critically evaluate the real- world FinTech solution(s) to these problem(s) or challenge(s).
The FinTech solution(s) could be a firm’s FinTech product(s), such as Alibaba’s Alipay, or FinTech firm(s) themselves, such as ZhongAn Online P&C Insurance. However, they cannot be hypothetical or imaginary.
The written report could cover the following points, but are not limited to these points:
• Provide background information on your selected financial area.
• Clearly identify the problem(s)/challenge(s) faced by stakeholders in the area.
• Clearly identify the FinTech solution(s) you intend to discuss.
• Critically evaluate the innovative technologies related to the FinTech solution(s).
• Critically discuss the risks and ethical issues related to the FinTech solution(s).
• Critically reflect on the disruptive impacts of generative AI (e.g., DeepSeek, Qwen, ChatGPT, Claude) on FinTech innovations within your selected financial area.
Other requirements:
• Reference:
o Use of APA or Harvard Referencing, both citation and reference
o Minimum of five (5) credible references, e.g., peer-reviewed journals, industry reports, textbooks, newspapers, magazines, etc.
o No references from Wikipedia, UKEssays, students’ papers, or other unreliable information sources
• Submission package:
o Report: 2500 words+/-20% excluding tables, figures, references, and appendix. Name the report by using your student ID and family name, e.g., 20123456_Wang. Save the report as a Word document.
o GenAI statement: Save it as a Word file containing a brief description of how Generative AI is used and a list of the key prompts.