Certified FinTech Professional Course

Why Select this Training Course?

Financial technology, also known as FinTech, is transforming the way finance and banking institutions operate in today’s society. New players like technology firms and start-ups are changing the field of traditional finance, introducing democratization, disruptions, and inclusion.

Will financial technology replace traditional banking institutions?

The introduction of FinTech into the financial system has brought about numerous benefits. FinTech is hailed for its payment efficiency and speed of transaction, convenience, and revenue generation opportunities. These disruptions and innovations introduced by FinTech have led most people to assume it is set to replace traditional financial systems. Traditional banking and financial institutions enjoy a higher degree of customer loyalty and trust, developed over several years. Additionally, FinTech is riddled with concerns regarding the regulation of transactions, especially concerning the blockchain technology that supports it. The current trend within the financial market tends towards partnerships between FinTech companies and banking institutions. These partnerships have given banks access to FinTech technologies and innovative service delivery techniques, while FinTech companies gain access to a massive customer base, allowing them to extend their reach.

What are the most innovative sectors of FinTech?

FinTech has changed the face of financial transactions by introducing numerous innovative techniques for conducting financial transactions. Some of the most innovative sectors of FinTech include digital cash and cryptocurrencies and smart contracts that use computer programs built on the blockchain to automatically implement terms of agreements between parties. Blockchain technology, like Ethereum, is another innovative sector of FinTech that utilizes decentralized ledger technology to record transactions in blocks. Open banking, Regtech, Insurtech, unbanked or underbanked, and Robo advisors are all innovative financial technologies presently utilized in modern-day financial transactions.

The Certified FinTech Professional Course by Rcademy is curated to help participants understand the basics of financial technology, the driving innovation, and how financial technology products are designed. Participants will learn about the significant sectors of FinTech, digital finance, alternative finance, payment, and emerging technologies. The course contents are comprehensive and navigate the future of data-based finance and challenges regarding the regulation of the FinTech industry.

Who Should Attend?

The Certified FinTech Professional Course is designed for experts and professionals within the financial technology industry and persons looking to venture into the field. The following persons should partake in this training course:

• Cybersecurity experts: tasked with assessing vulnerabilities, designing response plans during security breaches, and investigating incidents
• Blockchain developers: charged with designing, building, and launching blockchain technology in line with the requirements of a business model
• FinTech risk control managers: responsible for analyzing, preventing, and mitigating technological risks and crimes
• Quantitative analysts: tasked with guiding securities departments, hedge funds, and investment banks in making informed decisions
• Machine learning engineers: charged with developing self-running artificial intelligence software and designing machine learning systems
• Data scientists: tasked with working with businesses to recognize challenges and utilize data to propose solutions
• Tax Accountants: tasked with researching relevant tax policies on a company’s behalf and also analyzing and providing solutions to tax issues
• Financial analysts: responsible for monitoring a firm’s financial performances, evaluating performance and market conditions to develop forecasts
• Product managers: tasked with product design and product marketing
• Application developers: responsible for the coding, application design, and management, evaluating updates and security threats, and developing end-user support
• Compliance experts: tasked with helping companies ensure their operations comply with relevant policies, regulations, and laws
• Account Officers: responsible for conducting market surveys and analyzing financial information

What are the Course Objectives?

The Certified FinTech Professional Training Course by Rcademy will provide participants with the knowledge and skills needed to succeed in the FinTech and financial industry. At the close of the study, attendees would have achieved the following objectives:

• Understand the significant sectors of the FinTech ecosystem, including payment, digital finance, money, and alternative finance
• Learn about the rudiments of financial technology, merits, and potential challenges faced by the sector
• Recognize the various impacts of FinTech in contemporary financial transactions and how it is incorporated into traditional banking transactions
• Describe and evaluate the essential functions of each emerging sector of the FinTech industry, with particular emphasis on blockchain technology
• Evaluate the changing roles of technology in the financial and banking sectors
• Analyse major technological trends in the financial sectors like AI, Big Data, and cryptocurrencies
• Discuss FinTech regulation efforts and the need for regulation within the field
• Learn the fundamental roles of security and data in a data-focus finance system
• Recognize the ways these emerging technologies impact markets, individuals, economies, and companies

How will this Course be Presented?

The Certified FinTech Professional Course is participant-driven and designed to meet attendees’ expectations while enhancing their knowledge and skills about the subject matter. Different practical techniques that will ensure participants’ constant and active learning will be utilized in delivering the course. Renowned professionals and experts in the field with several years of practice and experience will teach the course. The course modules are drafted from exhaustive and careful research into the subject matter.

The Rcademy course Certified FinTech Professional Course integrates practical and theoretical learning presented through lecture notes, case studies, real-life scenarios, and slides on the concepts. Attendees will also partake in seminar workshops, presentations, quizzes, and constant feedback on lessons taught to gauge and determine their maximum satisfaction.

What are the Topics Covered in this Course?

Module 1: Fundamentals of FinTech

• History and evolution of FinTech
• FinTech infrastructures
• Emerging markets and start-ups
• FinTech typology
• FinTech and banks
• Merits of FinTech
• Growth and partnerships
• Exit strategies
• Internal partnerships
• Current FinTech partnership models
• Challenges and prospects

Module 2: Introduction to Payments, Blockchain, and Cryptocurrencies

• Developing a new stack
• Basics of cryptocurrencies
• Types of Cryptocurrencies and their use cases
• Cryptocurrencies and FinTech
• Blockchain technology and FinTech
• Merits of blockchain technology to FinTech
• Individual payments
• Digital Financial Services (DFS) and mobile money
• Introduction to alternative finance
• Real-Time Gross Settlement (RTGS) systems
• Impacts of new payment stacks

Module 3: Data and FinTech

• The etymology of data regulation
• Application of data analytics in finance systems
• The concept of digital identity
• AI and Governance
• Data in financial services
• Big Data
• Data, metadata, and differential privacy
• Personal privacy
• Techniques of data protection
• General Data Protection Regulation (GDPR) compliance
• The new challenges of machine learning and AI

Module 4: FinTech in Emerging Markets

• Value proposition: non-banks and contemporary banks
• The first-generation mobile money
• Challenger banks
• Financial exclusion
• Regulatory concerns
• Digital banks, challenger banks, and neo-banks vs modern banking systems
• The unbanked demographic

Module 5: FinTech Technologies

• Introduction to machine learning
• Basics of AI and FinTech industry
• Data innovations: conventional and alternative sources of information
• Decentralized Ledger Technology (DLT) and FinTech
• Similarities and differences between Bitcoin, crypto-assets, and cryptocurrencies
• Definition, characteristics, types, and use cases of blockchain technology in financial markets

Module 6: Digital Finance and Alternative Finance

• FinTech and funds
• A brief history of financial innovation
• Initial Coin Offerings (ICOs)
• The digitalization of financial services
• FinTech and smart contracts
• P2P and marketplace lending
• The Chinese model of FinTech
• DAOs

Module 7: Introduction to Robo-Advisors

• Introduction and definition of terms
• Building blocks of Robo-advising
• Workings of Robo-advisors
• Portfolio theory
• Customization
• Mutual funds and Exchange Traded Funds (ETF)
• Mean-variance optimization
• Robo-advisors and FinTech
• Target date funds

Module 8: Market Lending

• Introduction to marketplace lending
• Landscape lending
• Evolution of peer-to-peer lending
• Types of debts
• Peer-to-peer lending as an alternative method to debt financing
• Lending to small businesses
• Consumer credit landscape

Module 9: FinTech Regulation and Regulatory Technology (RegTech)

• Evolution of RegTech
• The RegTech ecosystem and start-ups
• Smart regulation
• Application of AI in fraud detection and smart regulation
• Current FinTech regulatory framework
• Regulatory sandboxes
• Regulators
• Designing current financial infrastructure

Module 10: The Future of Data-Driven Finance

• Regulations and innovations
• Managing risks and challenges in digital products and services
• Laon book realities
• The global landscape
• FinTech major trends