Focus on Fintech
Course
Online
Description
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Type
Course
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Level
Intermediate
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Methodology
Online
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Duration
5 Weeks
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Online campus
Yes
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Delivery of study materials
Yes
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Support service
Yes
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Virtual classes
Yes
How you'll learn
A module is released each week for five weeks
The learning is in bitesize chunks so it does not impact on your normal working day
You'll learn via video content, quizzes and other materials
You'll be able to interact with the trainer and other students on the discussion forum
After the five weeks is over, you have two months to review the material
About this course
What you'll learn
An understanding of how and why FinTech has evolved, including the significance of Open Banking
An appreciation of the key technologies, including cloud computing, machine learning, artificial intelligence, blockchain, smart contracts and distributed ledgers
Awareness of market trends, the competitive landscape and the factors determining winners and losers
Familiarity with FinTech sub-sectors
Cryptocurrencies, and some of the key players
An understanding of the way that FinTech is disrupting the key payments market
The ability to identify opportunities and threats for different businesses
Action points, including an understanding of new ways of working such as Agile, Lean and DevOps
ACCREDITATION – we are accredited by the British Accreditation Council (BAC)
Why choose IFF?
TRACK RECORD – we have over 20 years’ experience of providing training to the banking, finance and energy sectors
INNOVATION – our courses are continually reviewed so you can be sure they are focusing on the most current issues
KNOWLEDGE – all of our trainers are highly experienced practitioners and leading subject matter experts so you can be confident you are learning from the very best
SMALL CLASS SIZES – to aid learning and increase your personal interaction with the trainer
VALUE – we provide a practical training experience with skills that can be used immediately to gain a tangible return on your investment
Reviews
Subjects
- Financial Services
- Computing
- Banking
- Financial
- Technology
- Financial Training
- Channel
- Services
- Strategic
- Digital
Course programme
Module 1: Evolution of Digital for Banks & Open Banking
- 1st Generation: digital within a multi-channel context
- 2nd Generation: the Un-bundling and Re-bundling of financial services
- what is Open Banking
- the implicit vision: Smart Digital Assistant
- challenges and opportunities
- Open Banking in practice
- 3rd Generation: future financial services in the context of Digital Lives
- Key strategic choices for banks
- Examples of how different global markets are developing
- Explanation of key technology enablers driving FinTech
- what is cloud computing
- jargon-busting: PaaS, IaaS, SaaS, public/private/hybrid
- some of the key technology enablers underlying cloud computing: hardware virtualisation and service-oriented architecture
- the API economy and how this is key to digital disruption of financial services
- what is Machine Learning
- applications in financial services
- distinction between Machine Learning and Artificial Intelligence
- compare central ledgers vs. distributed ledgers
- what is different about blockchain
- explanation of the key concepts used in blockchain
- how cryptocurrencies, ICOs and smart contracts work
- assessment of potential future significance of these technologies
Framework for understanding the different FinTech battlegrounds
- who are the participants, what is the prize and what factors are determining the winners and losers?
- regional Variation
- what is RegTech
- key sub-sectors
- examples of key players from the KYC/AML sub-sector: what do they do and why does it create value
- wealth management: social investment and robo-advisors
- P2P/Marketplace Lending
- Personal Financial Management (PFM) and Challenger Banks
- the historical evolution of identity
- the problem/opportunity of Digital Identity
- national Identity Scheme models from around the world
- how is FinTech seeking to address Digital Identity
- future outlook and opportunity for banks
- Why payments is a key sector of FinTech
- Segmentation of the payments market and macro trends
- Bank revenues from payments
- Jargon-busting in payments
- The payments ecosystem: issuers, acquirers and schemes
- The four-party model for cards
- Cards vs. ACH: the battle for the payment rails
- P2P payments and remittances: market trends and examples of key players
- “App & Pay” vs. “Tap & Pay”: the battle for physical commerce
- Regional variation in eCommerce payment
- Mobile contactless payment: a cautionary tale!
- Overview of trends impacting evolution of payments
- Future of payments & shopping: contextual payments & cognitive commerce
- The legacy issues facing incumbents
- strategy & propositions
- delivery
- Impact on business models
- Agile vs. Waterfall
- Lean
- DevOps
- How are banks investing in FinTech: different models
- Examples of leading exponents
- Models for driving digital innovation
Focus on Fintech
