The assignment involves writing a comprehensive report on one of three areas within financial technology (FinTech): decentralized finance, financial regulation and compliance, or insurance. The report focuses on recent innovations, requiring the use of at least one real-life example of a FinTech solution, which can be from either a start-up or a larger company. The task is divided into four key sections: first, analyzing the failures in traditional services that inspired the innovative FinTech solution; second, evaluating the benefits of the solution, particularly its ability to reduce user costs and improve operational efficiency for profitability; third, outlining the product differentiation strategies used to attract and retain customers; and finally, discussing the opportunities and challenges that may arise when further developing the solution. The report must be between 1,800 and 2,200 words, well-referenced, and grammatically precise.

font: Arial 12 pts, double spacing

Referencing: Harvard style, in text citation.