Fintech and Digital Transformation in Banking & Finance

Prepare for the rapidly changing world of fintech and digital banking

Our recent hybrid class! Due to new measures, all classes are now virtual only.

Supported by IBF

  • This programme has been accredited under the IBF Standards, and is eligible for funding under the IBF Standards Training Scheme (IBF-STS), subject to all eligibility criteria being met.
  • Up to 90% IBF funding subsidies availablebefore 31st Dec 2021. Terms and conditions apply. Please visit our IBF Standards Training Scheme page for full details.
  • Participants are advised to assess the suitability of the programme and its relevance to participants’ business activities or job roles. 

Introduction

Course duration: 5 days, 9am – 5pm

An instructor-led classroom training relevant for finance professionals who want a solid foundation in the rapidly changing world of fintech and digital banking. FinTech, short for financial technology, refers to an emerging financial services sector that is fast becoming indispensable to financial institutions and is constantly impacting the way we view and use financial products and services.

This three-day course aims to provide finance professionals with a solid foundation in the rapidly changing world of fintech and digital banking. FinTech, short for financial technology, refers to an emerging financial services sector that is fast becoming indispensable to financial institutions and is constantly impacting the way we view and execute financial transactions. This course will be pivotal in helping participants grasp the basics of fintech, navigate the mechanisms that facilitate it and comprehend the inevitably complex issues and intricacies that it brings.

Benefits of the workshop are:
• Understand the technologies that are impacting the economy, especially banking
• Theoretical understanding of artificial intelligence (AI), the blockchain and Internet of Things (IoT) within FinTech
• Broad applications grasp of technical/process solution to existing pain points
• Develop business use case to develop/improve a new/existing product
• Develop a competitive corporate strategy through innovative thinking
• Significantly reduce business costs and improve efficiencies

Digital Disruption and the Fintech Landscape
• Overview of the changes happening in finance
• Why is finance being transformed today?
• Examples of the latest fintech innovations
• Categories of FinTech Different

Types of Disruption
• The importance of technology in finance
• How it impacts finance
• How digital disruption will shrink the role of banks
• Getting a grip on the Mobile Revolution
• Artificial Intelligence (AI)
• Big Data Analytics
• Internet of Things (IoT)

Artificial Intelligence Systems
• Collecting data on user behavior and systems around us
• AI Agents and Decision Theory
• Predictive analytics
• Categorization of Information
• Deep Learning and Neural Networks
• Integration of internet-enabled devices

Blockchain-based Applications
• Blockchain as Currency
• Blockchain as Public Registries
• Blockchain as Clearing and Settlement of Transactions
• Blockchain as Smart Contracts

Finance Use Cases of Technology
• e-KYC and Onboarding Customers
• Fraud Detection and Prevention
• Tokenized Payment Systems

AI-Driven and Blockchain-based Financial Applications
• Asset & Wealth Management
• Bond Issuance
• Capital Markets
• Financial Risk Management

Limitations of Digital Technology
• Business Challenges
• Governments and Regulatory Challenges
• Privacy Challenges
• New Technological Risks
• Cybersecurity Challenges

On completion of this course, the following learning outcomes will be achieved:

  • Understand and Apply AI, Blockchain and IoT Concepts in FinTech
  • Analyze information to clearly overcome problems in banking
  • Understand and Apply Use Cases to generate new ideas and solutions
  • Understand the trends towards digital disruption and innovation
  • Think progressively and pursue digital transformation
  • Create a plan for implementing, evaluating and following up on ideas

The target audience for this course and qualification are:

  • Individuals interested in the current disruptive trends and keeping abreast of technology shifts and their specific use cases
  • Banks, corporations and financial institutions to enable them to remain competitive through understanding innovative new technology that is disrupting every sector of the economy
  • Directors, Economists, Program Managers, Finance Professionals, Technologists

IBF ASSESSMENT FORMAT

  • 20 Multiple Choice Questions
  • 1 mark per correct answer
  • 13 marks required to pass (out of 20 available) – 65%
  • One hour duration
  • Closed-book

There are no prerequisites to attending the Fintech & Digital Transformation in Banking course.

There are no upcoming events at this time.

Complimentary refresher

Participants can attend a complimentary refresher if they wish

Post-training support

Should you have questions after the course, you may contact the trainer for assistance regarding course material

Trainer profile