The financial sector is being reshaped by Artificial Intelligence, Open Finance, and the rise of data-driven innovation. In this three-course specialisation, you’ll explore how AI technologies like machine learning and natural language processing are transforming financial services, while gaining a critical understanding of the ethical, regulatory, and strategic implications. You'll also examine how Open Finance is expanding beyond banking to include insurance, pensions, and investments, giving consumers greater control over their data and financial lives. From foundational concepts to advanced applications, the courses cover emerging global frameworks, API infrastructure, intelligent product design, and real-world use cases. Whether you're a finance professional, policymaker, entrepreneur, or technologist, this specialisation will equip you to navigate and shape the next generation of financial services.
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.
Instructors: Martin Schmalz
Included with 
(37 reviews)
Recommended experience
(37 reviews)
Recommended experience
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
Overview
Skills you'll gain
- Banking Services
- Financial Inclusion
- General Data Protection Regulation (GDPR)
- Data Sharing
- FinTech
- Responsible AI
- Business Ethics
- Financial Systems
- Financial Data
- Artificial Intelligence
- Artificial Intelligence and Machine Learning (AI/ML)
- Data Ethics
- Financial Regulation
- Financial Services
- Natural Language Processing
- Mobile Banking
- Data Governance
- Innovation
- Finance
Tools you'll learn
What’s included
Add to your LinkedIn profile
June 2025
Advance your subject-matter expertise
- Learn in-demand skills from university and industry experts
- Master a subject or tool with hands-on projects
- Develop a deep understanding of key concepts
- Earn a career certificate from Saïd Business School, University of Oxford
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
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
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
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
Instructors
Compare with similar products
| Rating | ||||
|---|---|---|---|---|
| Level | ||||
| Skills | ||||
| Tools | ||||
| Last updated | ||||
| Number of practice exercises | ||||
| Degree eligibility | ||||
| Part of Coursera Plus |
You might also like
Why people choose Coursera for their career
Open new doors with Coursera Plus
Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription
Advance your career with an online degree
Earn a degree from world-class universities - 100% online
Join over 3,400 global companies that choose Coursera for Business
Upskill your employees to excel in the digital economy
Frequently asked questions
Learners should understand financial systems and be interested in tech, policy, and innovation in financial services. No coding experience needed.
The specialization includes three courses, and we recommend taking them in the following order to build your understanding:
1. AI Fundamentals in Financial Services. This course looks at how AI works, what it enables, and how it’s transforming the way financial institutions operate.
2. Designing the Future of Finance. This course dives into how Open Banking, Open Finance, and embedded platform models are enabling AI and transforming the way financial products are built and delivered.
3. Open Data and Intelligent Finance. This course explores the rise of intelligent, data-driven finance and how to design systems that are not only efficient but also ethical and inclusive.
This course is completely online, so there’s no need to show up to a classroom in person. You can access your lectures, readings and assignments anytime and anywhere via the web or your mobile device.
More questions
Financial aid available,