Digital Banking – FinTech Introduction Certificate Course
What is the definition of digital banking? People now have more methods than ever to access the tasks they need to keep their money in order thanks to digital banking, which includes online and mobile banking. In-person services, in general, cannot be taken for granted, as the Covid-19 incident revealed, and banking services are no exception. When banks are able to establish paths that allow customers to do banking activity remotely, they ensure that your money don’t come to a standstill even when company practices change. The following equation (literally) sums up digital banking: Digital Banking is the combination of online banking and mobile banking.
About Digital Banking Course
This course will provide you with an overview of the present situation and will teach you how to ask proper questions in order to adapt to the business model and thrive in the future. With case studies, brief presentations, and group projects, the course is very participatory. All traditional banking activities and financial services that were previously only available to consumers when physically inside a bank branch have been digitized (or moved online) via digital banking. Digital Banking is a combination of online banking and mobile banking.
Course Audience
As the digital banking is the fastest growing banking channel and its huge range of products and new product offerings, increased the need in the banking industry. Therefore, persons who would like to choose banking as a career specially part of Digital Transformation initiatives, should attend this course, the persons who would like to become a part of the Modern Banking Industry, must attend this course.
Also, the bankers who are currently leading digital transformation, FinTech projects or working in ADC Operations & are responsible for the daily settlement & Reconciliation of online channels (like 1Link & MNET) and the staff in branches who are responsible for the daily balancing & replenishment of ATMs and the other staff who would like to have knowledge & would like to a become part of Digital Banking, should attend this course.
Digital Banking Course Key Learning
Unit 1: The stories of Enablers and Disruptors
- Introduction to Banking
- The 4th Industrial Revolution
- Examples of digitalisation in all areas of life
- What is Fintech? – Fintech Leading The World
- FinTech: Speed of execution
Unit 2: Enabling Banking and Finance
- Banking today
- Banking the future – the digitally enabled bank
- FinTech as an enabler of banking services
- Team exercise: How FinTech enables and disrupts banking and financial services
- Case studies on digitally enabled banks
- Regulation
- The attack on the payment systems
Unit 3: The real disruption of banking and money
- Payment technology arms race
- Digitalisation of money
- Distributed ledger technology explained
- From fiat currencies to cryptocurrencies
Unit 4: Blockchain and Cryptocurrencies Introduction
- Cryptography and digital signatures
- How does the blockchain work?
- Blockchain use cases
- Cryptocurrencies Introduction
- Analysing and trading cryptocurrencies
- Initial coin offerings (ICO) overview
- Applications of the Digital Ledger Technology (DLT)
Unit 5: Big data, artificial intelligence and business model innovation
- Big Data introduction
- Digitalisation of the business model: the game changer
- Artificial intelligence (A.I) Introduction
- Business opportunities with Big Data and A.I. in Financial Industry
- Business model innovation
After completing this course, participants will be able to:
- Explain the importance of FinTech
- Learn from the sharing economy on which clients to target to future revenue stream
- Recognise the biggest competitor to the financial industry
- Gauge the regulators’ stance
- Identify areas where FinTech will revolutionise your banking and finance business
- Spot processes that can be enabled by digitalisation
- List the threats Fintech poses to the banking and financial industries
- Appreciate the changes required in the banking business model
- Recognise FinTech start-up companies
- Identify already existing threats from non-banks
- Explain blockchain, cryptocurrencies and the future of currency
- Learn about Big Data and AI
International student Fee : 500 USD
Flexible Class Options
- Corporate Group Trainings Available | Fast-Track
- Week End Classes For Professionals SAT | SUN
- Online Classes – Live Virtual Class (L.V.C), Online Training