SMU School of Computing and Information Systems
Master of IT in Business (Financial Technology & Analytics)
Pre-course Reading List


The SMU Library Research Guide for MITB page by SMU Library is a good starting point for reading material prior to the start of as well as during the MITB-FTA programme. https://researchguides.smu.edu.sg/mitb

Duran, R.E. Financial Services Technology: Processes, Architecture and Solutions. Cengage Learning Asia, Singapore, 2018. This textbook is in the midst of revision and a new edition is in the works for 2024/2025.
https://search.library.smu.edu.sg/discovery/fulldisplay?docid=alma99371173602601&context=L&vid=65SMU_INST:SMU_NUI&lang=en

The table below contains the Fintech series courses which form the Financial Technology & Analytics track and a brief reading list for each course. The pre-course readings are listed for your background and information before course starts.

Upon enrolment in a course, the course design document would contain more information on notes, readings, tool(s) and software used. Course Managers may also include extra readings and resources not listed in the course design document.


Course Name Notes/Resources
ISFS614

Digital Banking & FinTech

  1. Duran, R.E. (2018) 2nd Ed, Financial Services Technology, Cengage (library or book shop). Highly useful reference especially those without banking knowledge.

  2. Association of Banks in Singapore & Monetary Authority of Singapore FINTECH Festival 2016 Problem Statement List & 2017 Problem Statement List

  3. OCBC 2022 Annual Report (digitally available)

  4. DBS Bank 2022 Annual Report (digitally available)

  5. McKinsey Quarterly (2016) Cutting thru Noise Around Fintech

  6. Communications of the ACM (2017) Fintech Platforms and Strategy

ISFS625

Corporate & Consumer Financial Technology

Text Book:

Duran, R.E. (2018) 2nd Ed, Financial Services Technology, Cengage (library or book shop).

Highly useful reference especially those without banking knowledge.


Corporate banking:


  1. Handbook of Corporate Lending

    James S. Sagner and Herbert Jacobs: (2011) Bank Credit Training Partners

  2. Modern Banking

    Shelagh Heffernan: (2005) John Wiley & Sons

  3. The Principles of Banking

    Moorad Choudhry: (2012) John Wiley & Sons

  4. Payment Systems: From the Salt Mines to the Board Room

    Dominique Rambure and Alec Nacamuli; (2008) Palgrave Macmillan

  5. Bank Management, 6th Edition: (2006) South-Western

    Timothy W. Koch and S. Scott MacDonald

    Chapter 11: Evaluating Commercial Loan Requests

IS627

Blockchain Technology

Financial Services Technology – Processes, Architecture and Solutions

Randall E. Duran, (2013) Cengage Learning


 


Blockchain:

Handbook of Blockchain, Digital Finance, and Inclusion, Volume 1

ISFS605

Financial Markets Systems & Technology

Capital Markets: innovation and the FinTech landscape – How collaboration with FinTech can transform investment banking (2016)
https://www.ey.com/Publication/vwLUAssets/EY-capital-markets-innovation-and-the-finTech-landscape/$FILE/EY-capital-markets-innovation-and-the-fintech-landscape.pdf


Blockchain in Capital Markets (2016)
http://www.oliverwyman.com/content/dam/oliver-wyman/global/en/2016/feb/BlockChain-In-Capital-Markets.pdf


Base reading document for trading simulation software used in A.4 and A.5 (received Feb 2017)
https://issuu.com/epitrainpteltd/docs/supplementary_reading__smu_sis__201

ISFS610

Digital Payments & Innovations

List of Information resources and references


(A) Traditional Payment Systems


Payment Systems: From the Salt Mines to the Board Room

Dominique Rambure and Alec Nacamuli; (2008) Palgrave Macmillan


 

(B) PSD2 & Open API


  1. Cortet (2016), PSD2: The digital transformation accelerator for banks.
    https://www.innopay.com/assets/Publications/JPSS-Spring-PSD2-digital-transformation-for-banks-Innopay.pdf

  2. Walker (2016), How banks can create value from the rise of the open API economy in financial services.
    https://www.cgi.com/sites/default/files/SIBOS2016/open_apis_banking_paper_14_oct.pdf

  3. Accenture (2016), Seizing the opportunities unlocked by the EU’s revised payment services directive.
    https://www.accenture.com/t20170707T153413Z__w__/ca-fr/_acnmedia/PDF-15/PSD2-Seizing-Opportunities-EU-Payment-Services-Directive-(1)-(1).pdf

  4. Axway (2017), Axway API gateway: concepts guide.
    https://docs.axway.com/bundle/APIGateway_741_ConceptsGuide_allOS_en_PDF/raw/resource/enus/APIGateway_ConceptsGuide_allOS_en.pdf

  5. Deloitte (2017), How to flourish in an uncertain future: Open banking and PSD2.
    https://news.deloitte.sk/Upload/Brochures/PDF/2017/EN_BankingOfTheFuture.pdf

  6. Deutsche Bank (2016), Payment services directive 2: Directive on payment services in the internal market.
    http://cib.db.com/docs_new/White_Paper_Payments_Services_Directive_2.pdf

  7. European Payments Council (2017). PSD2 explained.
    https://www.europeanpaymentscouncil.eu/sites/default/files/infographic/2017-06/EPC_Infographic_PSD2_March-2017_Updated%20June%202017.pdf

  8. PWC (2016), PSD2 and Europe’s open banking mandate: Challenges for banks and fintechs.
    https://www.paymentscardsandmobile.com/wp-content/uploads/2017/09/NCR-PSD2-Report-Final.pdf

  9. CA / Finextra (2018), PSD2: A strategic game-change with a long-term impact.
    https://www.agefi.fr

  10. Evry (2016), PSD2: Strategic opportunities beyond compliance.
    https://www.tietoevry.com/


 

(C) FinTech Alternative Payment Services


  1. Accenture (2017), Driving the future of payments: 10 mega trends.
    https://www.accenture.com/t20171012T092409Z__w__/ca-en/_acnmedia/PDF-62/Accenture-Driving-the-Future-of-Payments-10-Mega-Trends.pdf

  2. ACI (2017), An insiders view to payments & fintech.
    https://www.aciworldwide.com/-/media/files/collateral/trends/payments-innovation-jury-report.pdf

  3. PAYPERS (2016), Ecommerce payment methods report.
    https://www.febelfin.be/nl

  4. Bullhound (2017), Fintech: Anything but alternative.
    https://www.gpbullhound.com/wp-content/uploads/2017/04/GP-Bullhound-Research-Fintech-2017.pdf

  5. Payments Innovation Jury (2015), The insiders view to payments & fintech.
    https://thepaymentsassociation.org/category/blog-posts/?website=true

  6. fintechnews.sg (2018), Top 30 fintech startups in Singapore
    https://fintechnews.sg/top-30-fintech-startups-in-singapore/


 

(D) Mobile Payments


  1. Vodafone (2005), The M-Pesa payment platform.
    https://chyp.com/wp-content/uploads/2017/01/csfi_Nov_05_Hughes.pdf

  2. Vodafone (2014). M-Pesa fact sheet.
    https://showme.co.za/port-elizabeth/files/2014/08/Vodacom-fact-sheet.pdf

  3. ACP (2014), Mobile money services: A bank in your pocket.
    https://publications.iom.int:443/system/files/pdf/mobile_money.pdf

  4. Nearex (2017), The big opportunity.
    http://www.nearex.com/

  5. GSMA (2007), M-Pesa: Mobile money for the unbanked.
    https://www.gsma.com/mobilefordevelopment/wp-content/uploads/2012/06/innovationsarticleonmpesa_0_d_14.pdf

  6. GSMA (2015), State of the industry report: Mobile money.
    https://www.gsma.com/mobilefordevelopment/wp-content/uploads/2016/04/SOTIR_2015.pdf

  7. GSMA (2016), State of the industry report on mobile money.
    https://www.gsma.com/mobilefordevelopment/wp-content/uploads/2017/03/GSMA_State-of-the-Industry-Report-on-Mobile-Money_2016-1.pdf

  8. ITU (2013), The mobile money revolution.
    https://www.itu.int/dms_pub/itu-t/oth/23/01/T23010000200002PDFE.pdf


 

(E) Cryptocurrencies


  1. Satoshi Nakamoto (2008), Bitcoin: A peer-to-peer electronic cash system.
    https://bitcoin.org/bitcoin.pdf

  2. Iglesias de Ussel (2015), Bitcoin: A new way to understand payment systems.
    https://dspace.mit.edu/bitstream/handle/1721.1/99046/921498762-MIT.pdf?sequence=1

  3. Deutsche Bank (2017), CIO insights reflections: cryptocurrencies and blockchain – their importance in the future.
    https://www.db.com/newsroom_news/cio_insights_reflections_-_cryptocurrencies_and_blockchains_-_EMEA_-_client_ready.pdf

  4. Hileman (2017), Global cryptocurrency benchmarking study.
    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/2017-global-cryptocurrency-benchmarking-study.pdf

  5. Cornell (2016), Principles and practice of cryptocurrencies.
    http://www.cs.cornell.edu/courses/cs5437/2016sp/lecture/01%20intro.pdf

  6. Wolla (2018), Bitcoin: Money or financial investment?
    https://files.stlouisfed.org/files/htdocs/publications/page1-econ/2018/03/01/bitcoin-money-or-financial-investment_SE.pdf


 

Last updated on 13 Jul 2023 .