Fintech education is very popular: Here’s why

Fintech is the abbreviation of Financial technology that does the job of collecting and processing data in real-time. Fintech is considered to be a big economic change in this rapidly growing and evolving financial sector. It has changed the way the business sector and various organisations function. Additionally, it has transformed the way financial institutions and banks carry out their Financial Services. 

Financial technology courses are considered to be very essential for taking a step ahead if you are looking forward to having a career in fintech. So grab the chance and launch your career towards success.

What is Fintech?

Fintech has been a very popular word in the last few years. In layman’s words, fintech means the design and delivery of financial products and services using various technologies to reduce cost, improve efficiency and generate better-personalized services. As fintech professionals are in great demand, there has been a skill gap in the market. Many education institutions are trying to fill in the skill gap by introducing various financial technology courses so that they can produce more fintech professionals as required by the market demand.

 

An introduction to the banking and financial industry is an important aspect of the fintech courses. A fintech career seems to be attractive to both professionals and students as they are always up for challenging roles that are not traditional. Fintech courses prepare professionals and students for technologically driven strategic roles in an organisation.

fintech certification

Fintech is revolutionising businesses

Fintech is the latest financial service sector in the 21st century and it is also the future of the world. Financial technology has been at the four front of innovation for many years and financial professionals along with information technology firms have made the innovation of the financial sector very much possible.

It won’t be wrong if we say that technological innovation has taken over the banking and financial sector as well. People are more inclined toward buying things and making payments online rather than traditional payments and purchases. This allows businesses to use the right technology to optimise sales rather than holding on to traditional methods.

Blockchain technology has created a big difference in the banking sector as now money is being transferred on a real-time basis and the transaction for money is created by smart contracts. Fintech has also revolutionised the cyber security department. As the payments are done through various applications, cyber security has also been increased to avoid online fraud as much as possible. 

Benefits of Fintech

It is important to note that in today’s world online payments through various applications have taken over the traditional mode of paying through cheques and cash. In the coming years, the world may go completely cashless and all the payments will be made through applications and on an online basis. 

In such a scenario, knowing fintech and being aware of the various advantages of fintech can give you an upper hand. Fintech offers numerous advantages that can be stated as follows:

  • Fintech helps professionals and business organizations to remain up to date with technology.
  • The growth of fintech has reduced the role of banking sectors and hence acts like an eliminator of the middleman.
  • Learning fintech makes an individual stand out in a competitive market.
  • Fintech courses can be a career transformer for an individual as it is the need of the hour in the financial sector.

Conclusion

Fintech is the present as well as the future of the world in every possible sense. If you are looking forward to having a fintech career then you are at the right place as Imarticus offers the best fintech courses in India with guaranteed job interview opportunities. These courses are valuable as it provides placements in various organisations and acts as a launchpad for your flourishing career.

How to start a career in fintech – 5 things every fintech professional should know

How to start a career in fintech – 5 things every fintech professional should know.

Financial technology, also known as Fintech, is an umbrella term to describe new technologies used to improve financial services. It can include everything from mobile payments and digital currencies to blockchain and AI. It’s one of the fastest-growing industries in India. 

The world of finance is constantly evolving and growing more complex. As a result, there is a growing demand for Fintech experts who can help businesses navigate the ever-changing landscape. 

And if you’re looking to start your career in Fintech, there are a few things you need to know. In this blog, we’ll look at 5 of these things.

  1. Understand The Basics Of Fintech

To start a career in Fintech, you must have a strong understanding of the basics of financial technology. It includes understanding how fintech companies use data and analytics to provide innovative financial services.

You can use financial technology to improve financial services in many ways, such as:

  • Making it easier for users to access banking services through mobile banking
  • Providing new and innovative products and services like digital currencies
  • Improving financial institutions’ efficiency by automating financial tasks. 
  • Blockchain creates a secure, decentralized ledger of transactions.
  1. Understanding The Regulatory Environment Surrounding Fintech

Every Fintech professional should know the regulations before starting their career in the industry. 

With the environment constantly changing and evolving, it’s essential to stay up-to-date on the latest developments. Several regulatory bodies oversee Fintech, so it’s essential to know which one applies to your specific area of interest. 

Understanding the regulatory environment will help you navigate the fintech landscape and make the best choices for your career in Fintech.

  1. Different Types Of Fintech Companies And Their Business Models

It’s vital for anyone starting a career in Fintech to understand the different types of Fintech companies and their business models.

There are mainly four types of fintech companies, each with its unique business model, and knowing the difference is essential for anyone looking to start a career in Fintech

  • Payments companies focus on providing a better way to make and receive payments. They provide the infrastructure that allows businesses to accept electronic payments, including mobile payments to peer-to-peer (P2P) payments. Common payment processors include PayPal and Stripe.
  • Lending companies use technology to streamline applying for and receiving loans. These companies connect borrowers with lenders, typically via an online marketplace. 
  • Investing companies use technology to make it easier for people to invest their money in various assets, including stocks, bonds, and cryptocurrency. This can include online investment platforms, like Zerodha, Groww, etc. 
  • Personal finance companies use technology to help people manage their finances, budget, and save money. This includes budgeting apps, money management tools, and financial advisory services.

There are also these Blockchain startups working to develop and commercialize blockchain technology, often for use in financial services. Coinbase is one of the well-known blockchain startups.

  1. Potential Benefits And Risks Associated With Fintech

Fintech is a rapidly growing industry with immense potential. It can provide various benefits, including financial rewards, personal satisfaction, and the chance to help shape an industry. However, there are associated risks that fintech professionals should be aware of before starting a career in the field. 

The potential benefits of Fintech include:

  • Ability to create new and innovative financial products and services.
  • Disrupt traditional financial models and create new jobs and opportunities.
  • Provide more efficient and convenient services.

However, there are also risks associated with Fintech, including:

  • Potential for fraud and scams.
  • Unexpected regulatory changes.
  • Data security breaches. 
  1. Consider Skills And Experience

There are a few things that every Fintech professional should know if they want to start a career in this field. 

  • It is vital to have a strong understanding of financial concepts and principles. 
  • Experience in using financial technology (Fintech) tools and platforms is also essential. It is always helpful to have experience working with financial data and software.
  • Finally, effectively communicating with clients and other financial professionals is key to success in this field. 

With these skills and attributes, any Fintech professional can have a successful career in this rapidly growing industry.

Conclusion

A career in Fintech can be enriching and exciting. 

There are many great fintech courses available in India, and a blockchain certification can help you stand out from the crowd.

If you’re interested in a career in Fintech, now is the best time to start. You can check out one of the best Fintech courses in India offered by Imarticus Learning in collaboration with SP Jain School of Global Management. You can check out the program webpage for chat support or visit one of the centers to learn more about the program.

5 Ways AI Is Transforming the Fintech Industry

5 Ways AI Is Transforming the Fintech Industry

Due to the expanding number of internet users, Fintech is becoming one of the ever-growing businesses. Several technologies work behind the scenes to make the financial business more secure, rapid, and scalable. Artificial Intelligence (AI) is one of the technologies that has fundamentally transformed the financial business (AI).

The demand for AI has increased as the financial industry’s desire to comprehend data patterns has grown. This is because AI algorithms are significantly more efficient than humans in identifying data patterns, which helps businesses better understand useful financial knowledge and their target audience. In this article, we’ll look at five ways Artificial Intelligence has changed the Fintech sector and one of the best Fintech courses in India for getting into this fast-growing field.

Artificial Intelligence And Fintech Industry

AI refers to the intelligence demonstrated by machine learning. Devices that use their cognitive functions recognize and solve issues in the same way humans do, if not better. It has succeeded in making a huge effect by accomplishing the seemingly impossible.

Artificial intelligence can be utilized extensively in processes involving financial transaction auditing. In addition, AI can also be quite helpful in the Fintech industry when assessing numerous pages of tax adjustments. 

It also has the potential to predict how customers would react to specific circumstances and issues. So, finish your Fintech training courses using AI systems and enter this ever-changing industry.

Various Ways In Which Fintech Industry Is Being Transformed By Artificial Intelligence

Here’re some ways in which the Fintech is being transformed by AI: 

  1. Stronger security

In the Fintech business, AI has proven to be a huge success because it significantly improves security. AI has allowed the introduction of chatbots to help solve customer queries, especially related to product security like passwords, account issues, etc. For example, they can help customers retain old passwords and change them if they forget the password.

  1. Better customer service

Artificial intelligence has improved customer service, which is crucial in industries like Fintech. AI has produced various customer service products like virtual assistants, chatbots, and AI interfaces that can reliably engage with customers to deal with customer problems and queries.

  1. Client risk management

Client profile based on risk score is crucial for the Fintech sector, such as banks and insurance businesses. AI can be pretty useful in categorizing clients based on the risk associated with their profile. 

The financial classification models can be trained using historical data using Artificial Intelligence technologies like Artificial Neural Network to rate the client risk profile from low to high.

  1. Algorithmic trading

Algorithmic trading analyses vital data using pre-programmed instructions, allowing for speedier decision-making. This is accomplished using machine learning, one of the most adaptable AI technologies. 

It has a lot of potential in the Fintech industry. It can assist your firm in reducing expenses, increasing productivity, and automating complicated processes in a variety of ways.

  1. Digital financial advisors

Regardless of the business, transactional bots are one of the most common AI applications. For example, the transactional bot in the Fintech sector provides financial advice and better decision-making. In addition, in the Fintech sector, setting up a digital assistant or bot for consumers improves the overall experience and customer engagement.

Professional Certificate In Fintech By SP Jain

Imarticus Learning and India’s one of the most reputed business management institutes, “SP Jain School Of Global Management”, have teamed up to provide one of the best Fintech courses in India

Hands-on training and real-world case studies from SP Jain teachers and industry leaders strengthen Fintech’s practical and theoretical understanding. In addition, it is a Fintech certification curriculum that incorporates artificial intelligence and Fintech technologies such as cloud computing and blockchain. 

The following are some benefits of finishing SP Jain’s Professional Certificate in Fintech:

  • It’s an entirely online course that working professionals may quickly complete, increasing their Fintech expertise.
  • The Professional Certificate in Fintech gives you access to resources from industry leaders such as BTA, PwC, and other Fintech research and technological partners.
  • To fully maximize your Fintech learning experience and open professional chances in the Fintech area, access Fintech seminars, debates, networking events, and more.
  • Students who complete the Professional Certificate in Fintech will get access to SP Jain certification and alumni status.

Takeaways

Fintech is a constantly evolving business, and with the arrival of artificial intelligence, the changes have grown increasingly technological. AI in the Fintech sector aids in managing customer interactions and risk management and aids in developing a robust security system and the facilitation of trade. 

The Professional Certificate in Fintech is one of the leading Fintech training courses that teach students how to understand and apply fundamental Fintech principles to technologies such as blockchain, cloud computing, machine learning, IoT, etc. One of India’s few Fintech certification programs, the Professional Certificate in Fintech, is available in two formats:

  • Core Module – 100 hours
  • Pro Module – 140 hours

So, complete one of the best Fintech courses in India, and enter the new world of financial technology. Contact us now, or visit one of our training centers in Mumbai, Thane, Pune, Bengaluru, Delhi, Chennai, and Gurgaon. 

Charting the course of cryptocurrencies in 2022

With the increasing popularity and demand for cryptocurrencies, the industry is in need of more fintech professionals. The year 2021 saw a wider acceptance of this alternative currency. Those who want to start a trading business based on crypto and blockchain must have a basic understanding of this. Since there are now rules and regulations on this type of currency, the basic understanding is more important than ever. 

To help them all, there are numerous online courses available on cryptocurrency and fintech. In order to master this area, one must choose a quality and competent course that would help mold you for the job.

Some rules to follow in 2022

The interested investors and traders of cryptocurrency must follow some basic rules in 2022. Since there are going to be more entries towards this industry, it is important to know the rules and follow them diligently. 

  1. Rule number one is to religiously do your research about the subject, even if there are tools and programs to help you with it. They can only help you as much but it is you who needs to take the final step. Make sure to understand the financial and technical analysis.
  2. Crypto has always been volatile but the massive pumping could end up having a landslide in its value. It is likely to have some cooling down period and extended consolidation. But it may not be a major factor for an investor. At the same time, it can be crucial for a trader. 
  3. Rule number three is not to follow the online hype. Give more importance to the utilities of crypto rather than who is talking about it and assuming its progress in 2022. 
  4. The next rule is to play safe with the old school players in the industry. They are all tried and tested players that are safe for newcomers. 
  5. Keeping up with the latest events and news about crypto is the next rule. The various crypto events conducted across the globe could be significant for the progress of this industry in 2022. 
  6. Finally, the golden rule is to give more importance to building your knowledge about this field. Look for the various platforms that can help with trading tools, insights, risk analysis, etc. 

Online courses for cryptocurrency

The best route for understanding cryptocurrency is the financial technology courses that are suitable for both traders and consumers. One such eminent course is the Professional Certificate in Fintech with Imarticus. It is a short-term course of 140 hours, spread over four modules. 

Each module concentrates on the payments, technology used for payments, lending process, and the technologies used for lending. The knowledge gained here is applicable to businesses and their problems. The final exam conducted here will be application-based to assess your knowledge.

You can choose from the core courses of 100 hrs or the pro course of 140 hrs that have the border synopsis of the industry in the former and a comprehensive in-depth course in the latter. The core course will be part of a group while the pro course will be taken individually. 

Conclusion

For a brighter future with cryptocurrency in 2022, you must wisely choose those fintech courses online that provide a border and in-depth knowledge. It will be better rather than choosing any random course that will not help you build your network and work on finding suitable career opportunities in the industry. 

Re-Architecting Financial Technology courses in 2022

FinTech is becoming an industry that is booming and flourishing. There are several career opportunities in the space of FinTech. If you want a career in fintech, you can go for a professional certificate in fintech. We at Imarticus are building fintech professionals by reimagining the world of financial technology. 

best Fintech courses in IndiaYou must enroll in our financial technology courses if you want to have a slice of this big cake. The courses are designed to give you a better understanding of the financial technology space. This will help you build a great and successful career in the field of financial technology.

What is Financial Technology?

The delivery of financial services with the integration of technology is called financial technology or fintech. The industry is growing pretty rapidly, and all the traditional financial institutions are jumping on the bandwagon to integrate all of their processes with technology.

The industry is growing rapidly, and all the major banks are now becoming fintech companies. With the evolution of fintech, several payment banks have come into the picture to make financial services easy for businesses. 

A fintech company uses technologies like artificial intelligence, machine learning, etc., to make financial services more efficient. Fintech also uses massive consumer data to understand the customers better and serve them with personalized service.

How does fintech work?

Technology has now become an essential part of the financial world. Ever since the instruments like credit cards were introduced, technology was coming into the picture in finance. Different fintech principles drive various kinds of projects. Companies are now using advanced technologies like blockchain, AI-ML, etc., to deliver financial services to their customers.

Companies are also constantly building a fintech infrastructure to support this growth. If you want to be a part of this growth, you can enroll yourself in a fintech certification course. The course will help you in understanding the intricacies of the topic.

The inclusions of the reimagined financial technology courses

The fintech space has brought about some transformational changes in how the finance industry works. A course on fintech will cover everything going on in the world of financial technology. You will understand how big data can be used in the field of insurance and finance.

You will also study various regulations that drive the fintech space. The modules will cover the essentials of financial technology. You will be taught everything about digital banking and the payments system. You will also get hands-on experience in programming and the use of Python in Fintech.

The courses will also cover the importance of different financial markets and institutions that pioneer financial technology. You will also learn how the onset of financial technology has impacted the securities and the investment markets.

The courses will help you analyze all the effects of fintech in the space of finance and also the economy. Along with this, you will also get to understand the application of big data and machine learning in the world of fintech. You can also make a career in blockchain technologies if you get a fair understanding of how fintech works.

Conclusion

We at Imarticus are known for providing the best fintech courses in India. The two main courses that focus on fintech are a professional certificate in fintech and a Master of Business Administration (MBA) specialization in fintech. These courses have been designed to provide holistic knowledge of how financial technology works.

These courses cover everything that is there to study in fintech. Once you complete any of these courses, you will get a degree and a certification from Imarticus itself. You can use this to upskill yourself and get a job in this highly competitive domain of fintech.

Everything in fintech and cloud computing you need to know

Cloud computing and analysis are the buzzwords these days. Businesses have seen its appeal and are moving to this side pretty fast. Another sector that has readily adapted to the changes made by cloud computing is fintech. It helps to store and process data quickly and more easily. Not just this, using and analyzing data has also become easier due to its in-memory computing. 

Notably, fintech is a sector that has amazing job opportunities for people who are looking to stabilize their careers properly. The jobs can be demanding and there is little leeway to err. But, they are high-paying and as long as you have good training, you will ace your career in no time. This is why it is an excellent time to do a fintech training course for students all around. 

Lots of institutions provide a good course with fintech certification in India. And, Imarticus Learnings is one among them that you should definitely check out. The Imarticus cloud computing course along with fintech training courses will give you the required boost needed for career growth. Here, we are going to talk about how cloud computing is reinventing the fintech sector and how it affects everyone wanting to land a job in the domain later on. Please go through the whole article to learn more.

Impact of Cloud Computing in Fintech

Cloud computing uses remote servers on the internet to store, manage and process data instead of using a local one. Lots of cloud services (storage, networking, database, and servers) are used during this process. There are numerous benefits of cloud computing, and finance companies, as well as banks, are taking full advantage of it. It helps with the interoperability, 24×7 upkeep, and secure storage all without any extra investment. It also helps finance companies to lessen their compliance and operational costs. As the process is pretty fast, it makes it easier to process and cater to the customers’ demands.

Benefits of Cloud Computing

As we have already stated, there are numerous benefits of cloud computing in the fintech sector. Here is a detailed list of the major factors behind its increasing popularity:

 

  • Faster data processing: As fintech is a sector that has to deal with a vast amount of data regularly, the impact of cloud computing here is the most effective. The process gets securer and also helps businesses to approach lending, frauds, and even payments in a better way.

 

 

  • Lower operational cost: On-site data storage is an expensive process. Thanks to cloud computing, businesses now can store data more safely without any extra cost.

 

  • Automated analysis: With advanced ML, data science, and AI, nowadays analyzing, fraud detection, credit scoring, and other banking processes get done smoothly and without the risk of human error.

 

 

  • It also helps businesses maintain continuity for longer terms without the threats of hacking. And, along with business continuity comes higher levels of business efficiency, resulting in better client satisfaction. 

 

Fintech training courses can help you land your dream job in a short time. Imarticus Learnings is one of the leading institutions offering a solid cloud computing course and fintech training course. So, do check them out and gear up for an excellent journey ahead.

The Fintech Bubble: Principles of investing in Fintech

Since its emergence, fintech has been one of the growing industries worldwide. People immediately preferred fintech services over financial services offered by traditional banks. Many fintech start-ups came in recent years and, some of them even became successful. The market cap of fintech is continuously increasing due to more and more customers preferring digital transactions.

Traditional banks are arranging fintech training courses for their employees to undergo digital transformation. If you are looking to invest in a fintech start-up or start your fintech firm, you should have a basic understanding of the fintech bubble. Read on to know about some principles for investing in the fintech industry.

Did you notice the fintech bubble exploded?

Gone are the days when only a handful of fintech companies were there in the market. At present, many fintech firms are competing with each other. In 2015, there were more than 350 fintech start-ups that caught headlines. However, the number of fintech start-ups decreased as the fintech bubble exploded.

Many fintech firms had already established themselves at the top and it got hard for newcomers. However, this does not mean that fintech training courses are of no use.

Even if the fintech bubble exploded, the global market cap of the fintech industry is continuously increasing. The predicted CAGR (Compound Annual Growth Rate) for the fintech industry is also high. The only thing that is challenging in the fintech industry is the increased competition. At present, you will have to compete with many fintech giants to build your market share.

The top fintech firms have already gained the trust of customers and, it is hard to displace their market. However, with the right business strategies and reliable services, you can still become a fintech giant even after starting late.

Principles for investing in the fintech industry

Some of the principles for those looking to invest in the fintech industry are as follows:

  • If you are buying shares of any fintech company, look for those that are continuously innovating. There is no compulsion that you should buy shares of a fintech giant. A fintech company that is constantly innovating itself is moving in the right direction.

  • If you are investing in a fintech start-up, look for the technology stack used by the fintech platform. Invest in a fintech platform that uses blockchain for making digital transactions secure and fast. A financial technology course can help you understand the technologies used for creating a fintech platform.

  • Invest in a fintech platform that offers many financial services to customers. Besides facilitating customers with digital transactions, a fintech platform can also provide P2P lending, gold/stock trading, and many other services. Third-party integrations also make a fintech platform more popular than others.

  • Due diligence is required before investing in the fintech industry. If you are starting your fintech firm, perform due diligence to know the right time to start. You should consider market disruptions, trends, and financial reports before investing in the fintech industry or starting your fintech firm. A financial technology course can help you understand the driving features of a fintech platform.

How to learn financial technology?

You should obtain a fintech certificate online to become an expert in financial technology. We at Imarticus Learning ensure industry-oriented FinTech courses that can help in knowing the industry practices. Besides investors or entrepreneurs, our fintech courses are beneficial for young enthusiasts looking to build their careers.

Our fintech courses will make you work on several hands-on projects and case studies. Job aspirants will also receive placement support to kickstart their careers in the fintech industry. Obtain your fintech certificate online with Imarticus right away!