Digital know-how and FinTech readiness

Citation

Muthaiyah, Saravanan and Zaw, Thein Oak Kyaw (2020) Digital know-how and FinTech readiness. In: Understanding Digital Industry. Routledge, London, pp. 324-327. ISBN 9780367814557

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Abstract

The finance and accounting domains today require institutions of higher learning to produce competent graduates who are familiar with digital soft skills. These include Blockchain, e-audit, big data, cryptocurrencies, auditing on the cloud, softbot counseling, robotics in business process automation, peer-to-peer transactions, application of artificial intelligence in treasury-related work, and crowdfunding. The voguishness of technology usage in the digital economy today has become an impelling force to the accounting and finance professions. Industry experts argue that the lack of FinTech skills will adversely impact recruitment. FinTech-enabled platforms create disruption to the accounting workforce as newer emerging business models and processes are slowly rising across banking, finance, audit, and integrated reporting. In this article, we present the top 10 skills needed in terms of FinTech readiness that should be included in existing curriculums offered at the tertiary level from expert opinion gathered by relevant stakeholders.

Item Type: Book Section
Additional Information: Proceedings of the Conference on Managing Digital Industry, Technology and Entrepreneurship (CoMDITE 2019), July 10-11, 2019, Bandung, Indonesia
Uncontrolled Keywords: Knowledge economy, Financial Technology
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD72-88 Economic growth, development, planning
Divisions: Faculty of Management (FOM)
Depositing User: Ms Suzilawati Abu Samah
Date Deposited: 22 Sep 2021 08:43
Last Modified: 23 Sep 2021 04:26
URII: http://shdl.mmu.edu.my/id/eprint/8193

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