Mapúa, Cambridge Center for Alternative Finance joint program ready to promote the fintech industry

Mapúa University has led the charge to elevate the country’s fintech segment with its new Fintech and Regulatory Innovation program, with content powered by the Cambridge Center for Alternative Finance at the University of Cambridge Judge Business School, and in collaboration with the Fintech Alliance.Ph.

Mapúa’s FTRI program is the first off-campus Cambridge Fintech and Regulatory Innovation in the ASEAN region to have localized content tailored to the Philippine setting.

The nine-week, online tutor-led programme, will enable senior policy makers, central bank regulators, security agencies and finance officers to formulate evidence-based regulatory, supervisory and policy responses that can guide the growth and exploitation of fintech.

“Given the breadth and widespread acceptance of fintech systems in the local and international market, we in Mapúa believe that the program we offer can help senior decision-makers, administrative officials and key managers to more effectively lead and monitor the fintech sector,” said Dr. Reynaldo B. Vea, President and CEO of Mapúa University.

“We hope that through Mapúa’s Fintech and Regulatory Innovation (FTRI) program, which is run by CCAF at the University of Cambridge Judge Business School, and in collaboration with FTAP, we can help the administration and business leaders to create standardized measures, and appropriate safety net that will protect the economy, businesses and consumers as fintech continues to evolve and grow.” he added.

Unlike other programs that only teach fintech basics, the university’s FTRI certificate course tackles hard-hitting regulatory issues such as regulatory responses, innovation offices, regulatory and supervisory technologies, regulatory reforms and international cooperation.

It will also cover essential topics such as fintech innovation, digital assets, digital lending and capital raising, regulatory technologies (Regtech), insurance technologies (Insurtech) and a capstone project.

“The idea for this course is the result of conversations we’ve had with regulators over the past few years about a dilemma we felt they were increasingly struggling to resolve. They recognize that technological innovations can introduce new risks into the financial system. A fundamental challenge to solving this dilemma is a growing knowledge gap between technological innovators and regulators about the technologies and business models introduced by fintech. said Prof. Robert Wardrop, Director and Co-Founder of CCAF.

“This program is unique because we bring together industry practitioners, regulators and decision-makers, as well as academics in the field. We will explore and gather perspectives from different countries in relation to fintech market development, so that participants can find answers to challenges they face in their jurisdiction. he added.

The fully online program will have one hour of synchronous lessons once a week and asynchronous lessons the rest of the week. It will start in April 2023 and conclude with presentations of capstone projects by June 2023. At the end of the program, successful graduates will receive a certificate from Mapúa University bearing the names CCAF and FTAP. Apart from the application form, interested participants should submit a letter of endorsement from their employers. For questions about the FTRI program, please email [email protected].

Mapúa University is the leading technological and engineering university in the Philippines. It is among the four Philippine universities listed in the Times Higher Education (THE) World University Rankings (WUR) 2023.