Saïd Business School, University of Oxford
AI in Financial Services: Foundations through future trends Specialization

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Saïd Business School, University of Oxford

AI in Financial Services: Foundations through future trends Specialization

AI & Open Finance: Data-Driven Innovation in FS. Understand the tech, policies, and ethical design choices shaping AI-powered financial ecosystems.

Martin Schmalz
Pinar Ozcan

Instructors: Martin Schmalz

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Get in-depth knowledge of a subject
Beginner level

Recommended experience

1 month
at 10 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Understand core AI technologies, including machine learning and natural language processing, and how they’re transforming financial services

  • Analyse the strategic, ethical, and regulatory implications of Open Finance and consumer data rights

  • Evaluate the role of APIs, platforms, and intelligent systems in driving financial innovation and inclusion

  • Design responsible, data-driven financial products and frameworks for real-world challenges

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Taught in English
Recently updated!

June 2025

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Specialization - 3 course series

What you'll learn

  • Understand the core technologies behind AI and the central role of data in training AI systems.

  • Explore how AI is applied in financial services through use cases such as fraud detection, credit scoring, customer service, and algorithmic trading.

  • Critically assess the risks, limitations, and ethical considerations involved in using AI within the financial sector.

Skills you'll gain

Category: Natural Language Processing
Category: Data Ethics
Category: Big Data
Category: Artificial Intelligence and Machine Learning (AI/ML)
Category: Financial Regulation
Category: Customer Service
Category: Applied Machine Learning
Category: Unsupervised Learning
Category: FinTech
Category: Deep Learning
Category: Financial Services
Category: Artificial Intelligence
Category: Banking
Category: Financial Trading
Category: Strategic Decision-Making
Category: Machine Learning
Category: Reinforcement Learning

What you'll learn

  • How Open Banking has evolved into Open Finance and why this matters for consumers, businesses, and regulators.

  • The strategic objectives, principles, and global regulatory frameworks shaping Open Finance ecosystems.

  • The role of APIs and digital consent in enabling secure data sharing and personalised, consumer-centric financial services worldwide.

Skills you'll gain

Category: Data Security
Category: Banking
Category: Financial Regulations
Category: Retail Banking
Category: FinTech
Category: Financial Data
Category: Payment Systems
Category: Financial Services
Category: Strategic Thinking
Category: Application Programming Interface (API)
Category: Interoperability
Category: Open Source Technology
Category: Banking Services
Category: API Design
Category: Governance
Category: International Finance
Category: Data Access
Category: Financial Regulation
Category: Innovation

What you'll learn

  • Explain the principles of Open Data, Open Finance, and Smart Data, and how they shape modern financial ecosystems

  • Evaluate how AI powers real-time, intelligent financial services and the ethical and regulatory risks involved

  • Design inclusive, data-driven financial systems using platform infrastructure and responsible innovation practices

Skills you'll gain

Category: Data Ethics
Category: Financial Regulation
Category: Business Ethics
Category: Open Source Technology
Category: Data-Driven Decision-Making
Category: Financial Services
Category: Governance
Category: Real Time Data
Category: Human Centered Design
Category: Financial Systems
Category: Data Sharing
Category: Data Governance
Category: AI Personalization
Category: Automation
Category: Artificial Intelligence
Category: Payment Systems
Category: FinTech
Category: Mobile Banking

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Instructors

Martin Schmalz
Saïd Business School, University of Oxford
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