Topic 1 : Overview of Fintech

What is FinTech?

• Financial Services

• Technology Sectors

• Financial Institutions

• the intersection between financial firms and technology providers

What are the advantages of having Fintech in Malaysia?

• Increase in unemployment rate
• Decrease in economic growth
• Improvement in financial services
• Increase in national debt

What are Fintech capabilities?

• Financial technologies are capable of automating and improving the delivery and use of financial services
• Fintech capabilities include cooking and cleaning
• Fintech capabilities are about creating new types of art
• Fintech capabilities are related to space exploration

Which of the following key sector is NOT in Fintech ecosystem?

• P2P lending & capital-raising

• DLT-based

• Financial inclusion

• Employee Provident Funds

What are the opportunities of having Fintech in Malaysia?

• Mobility & Cross-Border, Voluminous Data, New Regulatory Requirement

• Wider Markets, New Type of Clientele, Increased Effectiveness & Efficiency

• Cyber Security Threat, Data Management, Over-Reliance on Machine & Technology

• Credit, GTM, Borderless, Cyber Threats