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PayTech Innovation and Future Payments

This course is part of The FinTech: Future of Payments.

This introductory course from the University of Toronto's Rotman School of Management explores the rapidly evolving world of payment technologies (PayTech) and their impact on business and society. Students learn how PayTech innovations address customer needs, overcome traditional payment frictions, and drive financial inclusion. The course covers the psychological aspects of payments, international payment innovations, and the business opportunities created by open banking. Through practical examples and case studies, participants gain insights into how payment speed and data extraction affect both individuals and businesses.

Instructors:

English

English

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PayTech Innovation and Future Payments

This course includes

4 Weeks

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

16,485

Audit For Free

What you'll learn

  • Understand the psychological impact of payment technologies

  • Analyze current PayTech applications and their role in financial inclusion

  • Evaluate international payment innovations and their benefits

  • Identify business opportunities in open banking

  • Assess the impact of payment speed on commerce

Skills you'll gain

PayTech
Financial innovation
Open banking
Digital payments
Financial inclusion
Payment systems
FinTech
Banking technology

This course includes:

PreRecorded video

Graded assignments, Exams

Access on Mobile, Tablet, Desktop

Limited Access access

Shareable certificate

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Get a Completion Certificate

Share your certificate with prospective employers and your professional network on LinkedIn.

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Module Description

The course provides a comprehensive introduction to modern payment technologies and their applications. Students explore how PayTech innovations address consumer needs and facilitate financial inclusion. The curriculum covers international payment innovations, the psychological effects of different payment methods, and the impact of open banking on business opportunities. Special emphasis is placed on understanding how payment technologies create commercial value and transform financial services.

Fee Structure

Individual course purchase is not available - to enroll in this course with a certificate, you need to purchase the complete Professional Certificate Course. For enrollment and detailed fee structure, visit the following: The FinTech: Future of Payments

Instructor

Andreas Park
Andreas Park

3 Courses

Distinguished Leadership in Financial Innovation and Blockchain Technology

Andreas Park is a prominent Professor of Finance at the University of Toronto, where he has served since 2003, progressing from Assistant Professor to Full Professor in 2021. As Research Director at Rotman's Financial Innovation Lab (FinHub) and co-founder of the University of Toronto's LedgerHub blockchain research lab, he has established himself as a leading expert in financial technology innovation. His academic journey includes a PhD in Economics from the University of Cambridge, an MPhil from Cambridge, and a Diplom in Mathematical Economics from Bielefeld University. Park's research spans both theoretical and empirical domains, focusing on financial market structure, blockchain technology, and crypto-finance. He currently holds the Canadian Securities Institute's Research Foundation Limited-Term Chair and teaches cutting-edge courses in decentralized finance (DeFi), FinTech, and financial market trading across undergraduate, graduate, and executive programs. His influential research has been published in prestigious journals including Econometrica, Journal of Finance, and Management Science, with recent work examining tokenomics and automated market making. Park's expertise extends beyond academia through his service on the Ontario Securities Commission's Market Structure Advisory Committee and his role as academic director for the Business of Payments program, where he has developed innovative online courses in Payments Innovation and Decentralized Finance.

PayTech Innovation and Future Payments

This course includes

4 Weeks

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

16,485

Audit For Free

Testimonials

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Frequently asked questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.