:ST. FRANCIS COLLEGE :

Activity : Guest Lecture
Topic : “The Raise of technology in Financial World”
Resource Person : Shahed Akbar Khan
Date & Time : 1/12/2021 (10:45AM TO 12.45PM)
Venue : Seminar hall 2nd floor
Event organized for : V Sem. B.Com Honours, V Sem. B.Com A & F V Sem B.com Regulars
Event organized by : Department of Commerce.
Event Coordinators : Mr. Vishlesh K H.
Miss Shrunga Arasagalli

Student Coordinators : Sonal S Shiralkar
Nitesh B Seervi
Tamilarasi M
Prem J

No. of Participants : 100
Objectives of the activity :
1)To know about the raise of technology in the financial world
2) Technology has helped the organization develop innovative financial services.
3) Better payment system is a key challenge for organization.
4) Financial services organizations can tap the potential of the cloud to make processes more transparent and collaboration easier.

Execution Procedure/Details : The Guest Lecture was conducted in seminar hall 2nd floor with student Coordinators and Faculty Coordinators

Programme outcome : Outcome of the program was satisfactory. Students were happy and effectively utilized the opportunity. Students were equipped with knowledge.

Brief Summary : Programme started with welcome to the gathering by Ms.Sonal S Shiralkar Student of V Sem. B.Com A&F followed by Welcome Speech by Mr. Nitesh B Seervi, Student of V Sem A&F and guest introduction from Tamilarasi M, Student of V Sem A&F.
Further the Guest Speaker took over the session and delivered a lecture on the topic “The Raise of technology in financial World.
The development of financial technology—commonly referred to as fintech—is the subject of great interest for the public and policymakers.
Fintech innovations could potentially improve the efficiency of the financial system and financial outcomes for businesses and consumers. However, the new technology could pose certain risks, potentially leading to unanticipated financial losses or other harmful outcomes.

Policymakers designed many of the financial laws and regulations intended to foster innovation and mitigate risks before the most recent technological changes. This raises questions concerning whether the existing legal and regulatory frameworks, when applied to fintech, effectively protect against harm without unduly hindering beneficial technologies’ development.
The Session ended with vote of thanks by Mr. Prem J Student of V Sem. B.Com A&F..

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