Why Do You Want To Join Fintech?

What is Fintech?

The word Fintech is an amalgamation of Finance and Technology and that’s what the Fintech industry is all about. Fintech can be seen as the evolution of the traditional banking and finance industry. It’s more about solving the challenges faced by the traditional banking and finance segment using cutting-edge technology.

The technological evolution in the financial services industry aims to automate and improve the services provided by banks and financial institutions. Fintech technology can help big businesses to manage their finances easily and curb any anomalies that exist in the system.

Fintech has been a boon for the consumer of banking and financial services as it has improved customer satisfaction and worked on the pain points of consumers. It integrates technology to offer financial services in an optimized way. It has made businesses more customers oriented and has reduced the daily hassles of the consumers.

Originally Fintech operations were limited to the backend of reputed financial organizations, over the years the scope of Fintech has broadened and now it includes other industries such as retail banking, crowdfunding platforms, NPOs, digital wallets, etc. Fintech also entails the formation and use of blockchain-based cryptocurrencies like Bitcoin.

The financial activity that uses Fintech in today’s digital era is enormous. From simple smartphone transactions to raising funds for businesses and managing investments, a whole lot is under the purview of Fintech.

Why should you choose Fintech?

Now that we have understood the meaning and scope of the Fintech industry, let’s delve deeper into understanding why you should choose a career in Fintech and how it will be beneficial for you in the long run. Fintech is among those industries that will reshape our lives in the coming decades. The Fintech industry relies heavily on the use of data and data science.

The scope of employment in the field of data science is enormous and is growing by the day. The Fintech industry is still in its nascent stage of development and has tremendous potential for exponential growth. Just think about the involvement of Fintech in our daily lives. From online shopping to education fee payments, Fintech brings a lot of convenience to customers. Let’s take a look at some of the key job roles that will continue to grow with the rise of the Fintech segment.

Why study Financial Technology?

As financial technologies emerge unceasingly, traditional financial industries are witnessing a dramatic change. The old-fashioned business skills are no longer satisfying enough to meet the new needs of the market. International financial centres are transforming, adapting themselves using the Fintech approaches, and of course, recruiting more and more Fintech related talents around the globe.

Blockchain developer

Blockchain is at the centre of crypto-currency technologies like Bitcoin that comes under the purview of Fintech. This is just one application of the revolutionary blockchain technology which will continue to grow in the coming years. Almost all finance companies will incorporate blockchain in their operations and they will need professional blockchain developers to build and manage the technology. This growing interest in the application and use of blockchain technology will fuel the demand for blockchain developers by companies.

Risk and Compliance

With the growth of Fintech, the traditional players in the banking and finance industry are joining hands with the Fintech players to provide improved services to their customers. Fintech has proved to be a game-changer and so the traditional rules and regulations have also been revamped to overview the operations of companies in this segment. Companies are employing risk control specialists and financial managers to take care of the changing risk and compliance policies.

Cyber-security

As we progress further in the digital era, criminals have also adapted to the changing circumstances and are leveraging technology to commit cybercrimes. Identity theft is among the most common cybersecurity challenges faced by businesses. To tackle these cybercriminals there is a growing demand for cyber-security professionals who could prevent the leak and loss of data from hackers and cybercriminals.

 

Why work in Fintech?

Fintech offers job seekers the chance to work in a highly collaborative and innovative environment. The Fintech industry offers not only an outlet for those seeking a creative challenge but also provides the opportunity for tremendous career growth and professional progression.

The world of Fintech is a great place to work while also growing your skill sets and building a sustainable career. 

The Fintech sector is fast-growing and constantly recruiting. Fintech companies look for a wide range of profiles, so chances are, whatever your speciality you’ll find something for you within the industry. Promotion opportunities are common in this ever-expanding environment, and certain companies offer very attractive employment packages to attract talent. 

A Fintech experience gives you the cutting edge over the competition in the eyes of a recruiter. If your dynamism, autonomy, curiosity, and confidence in facing big challenges are all tested during your visit within a fintech, you can only capitalize on these traits for your future experiences. 

FinTech Ecosystem in India – Trends, Top Startups, Jobs, Challenges, and Opportunities

Introduction

Fintech services in India are witnessing growth in recent years. India is one of the top five markets in the fintech sector. The Fintech sector in India received a finding of about $270 million in 2016 and it has grown a lot since then.

Fintech courses and jobsThe technology innovation in India and the surge in usage of smartphones has helped in the growth of fintech services. The recent coronavirus outbreak has also made people shift towards online modes of transferring money. Let us see the trends and opportunities in the fintech sector in India.

Trends in Fintech in India

The top trends in fintech that one should look for in India are:

  • Platform as a Service (PaaS) is helping fintech companies to provide more services to their clients. With the help of PaaS, fintech firms can provide payment processing services, credit risk management services. It also helps in resource management & team collaboration.
  • The usage of new-age technologies like machine learning, artificial intelligence, robotic process automation is also trending. These technologies are helping in generating automation & helping in processes like online credit report generation, customer support services, etc.
  • The usage of Blockchain as a Service (BaaS) in fintech services is also witnessing a growth.
  • The shift of traditional financial institutions towards fintech is also booming in India. A lot of traditional banks have come up with their own mobile applications to compete with the fintech giants.

Top Start-ups in the Fintech Sector in India

Some of the top fintech start-ups in India are as follows:

  • MobiKwik
  • BankBazaar
  • One97 Communications
  • Phonepe
  • Policy Bazaar
  • Capital Float
  • CCAvenue

Jobs in the Fintech Sector in India

Fintech is a combination of banking services & technology. IT experts in data analysis, blockchain, machine learning will be in huge demand in India as they will be required in building smart algorithms that can automate the financial processes and can save time & money of any particular fintech firm.

Job opportunities will also be available for mobile application developers, UI/UX designers, etc. There are many fintech start-ups/firms in India and thus more jobs will open in the banking & IT sector.

Challenges & Opportunities in the Fintech Sector 

There are a lot of challenges faces by fintech companies. They have to make sure that their online transaction platform is secure. They have to secure the sensitive information of their users at any cost. They have to also cope up with the rules and regulations laid by the government.

The lack of deep-technology experts in India has also created hiring problems for fintech firms. The recent coronavirus outbreak has also impacted the working culture of the employees in the fintech sector. The monitoring of staff is also done remotely via online mediums.

There are a lot of opportunities in India in the fintech sector. The government of India also promotes the use of digital transfer mediums. The government of India is also providing financial aid to start-ups up to 1 crore if your idea is worth it. There is a huge user base in India because there is a lot of population and almost everyone is having access to smartphones. In recent years India saw demonetisation being imposed by the government which has fueled the use of fintech services.

Conclusion

Fintech services are challenging the traditional banking services up to a great extent in India. If you are thinking of building a Fintech Career, then perhaps this is the right time to step in this sector.

Career in FintechYou can learn more about this industry via various Fintech courses available on the internet.

This was all about the fintech trends, challenges & opportunities in India.

What Is Fintech All About and How to Make a Successful Career?

Technology has empowered professionals more than ever, and the transformation is changing the paradigms of many industries. The finance sector has witnessed a different transition undergoing significant changes and is now commonly addressed as the Fintech sector.

What Is Fintech?

FinTech, a mix of “financial” and “technology,” is a relatively new term for any emerging technology that supports consumers or companies to deliver financial services in a new & faster way than conventional methods.

The best FinTech courses in India have empowered consumers to take charge of their financial lives, leading to greater financial literacy. Leveraging advanced technology is tearing down the old silos and helping consumers advance in their financial situation.

Scope of Fintech in India

India is the top fastest-growing Fintech market on the globe. With over 2,100 Fintech start-ups in India, over 67% have been set up in the last five years. India’s Fintech market is currently valued at $31bn and is expected to grow to $84 bn by 2025, at a CAGR of 22%.

The Indian Fintech market has a wide range of subsegments, including Lending, Payments, Wealth Technology (WealthTech), Personal Finance Management, Insurance Technology (InsurTech), Regulation Technology (RegTech), etc. This calls for an immense scope for professionals to develop careers that bring them a fortune.

Top Fintech Careers for Aspirants to Try their Luck?

Cybersecurity

The Fintech world operates with a backing on digital and cloud-based technologies. While this improves internal processes & customer service, the increased vulnerability to malicious cyber threats adds uncertainty.

Cybercrime is on the rise & isn’t stopping anytime soon. This poses a demand for talented cybersecurity professionals to develop security measures to keep track of malicious threats. Using intelligent encryptions, they can protect data and systems.

Blockchain developer

Another boarding fintech profession on demand is blockchain development, which benefits the industry in its ways. It provides secure methods for record management and keeps things private. The recent peak in cryptocurrency & blockchain has fuelled up demand for professionals.

Quantitative analyst

These scientists are the brains behind complex trading programs. Quant analysts guide investment banks, securities firms, and hedge funds to make informed decisions about the market, pricing, and financial risks.

With the fintech sector evolving, more specialists are needed to build strategies & interpret big data to maximize profit & minimize risk. The rise of fintech startups, ML & AI, has intensified the demand for quantitative analysts. These experts create future algorithms to help companies reach their financial goals using maths, data science, finance, and application development.

Artificial intelligence

Financial organizations flourish on informed decision-making, be it extending credit to consumers or evaluating risks. AI/ML helps businesses in making fast and critical decisions with data and insight.

Across the industry, companies rely on technology for transformation through AML pattern detection, chatbots, fraud prevention, risk management, network security & investment predictions. Human experts like machine learning engineers, data scientists, developers, and researchers are needed to manage, develop, and oversee AI/ML to have improved efficiency.

Advance in Fintech Career with Imarticus Learning

Technological advancement has brought around Fintech courses in India. This ranges from blockchain & crowdfunding to peer-to-peer lending and Robo-wealth-managers. Among the popular demand is blockchain at the top of must-learn lists of the millennials.

Imarticus Learning offers fintech certification programs for FinTech enthusiasts. The program prepares students to be professional, well-versed in fintech, with an enhanced knowledge of Blockchain.

Imarticus Learning offers the best fintech courses in India, covering subjects like Financial Accounting, Cloud Computing, Trade finance, Blockchain, and cryptocurrency. Industry experts design the courses for better business insights, communication skills, domain expertise, and management skills.

The network and placement assistance are the top features of these courses.

For more details, you can contact us through the Live Chat Support system or can even visit one of our training centers based in – Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

The 5 Most In-Demand Skills In The FinTech Industry!

If there is one field that is growing at a rapid pace and which also has a lot of scope for students in India, it is fintech. Short for financial technology, it has revolutionized the way we manage our finances in a short span. Whether it is small-scale investments or corporate finance, fintech has managed to provide better solutions like mobile banking, wallets, UPI, and other IT-driven financial services.

This is the same reason why a fintech career is one of the most sought-after paths for aspiring students today. But with that aspiration comes the question of specialization. What skills to master? And what fintech courses to take?

Fintech online certification course in IndiaHere’s help in the form of a starter guide about the 5 most in-demand skills in the industry.

1.      Strong Understanding of Programming Languages

Knowing the basics of coding and having a working knowledge of at least one major programming language is essential to even enter the world of fintech.

And when you do enter, just knowing a language is not enough. A fintech career requires you to innovate in that language and come up with solutions to modern problems. This is only possible if you know the language (or languages) inside out.

Fintech certification courseSome of the most common languages used in fintech are JavaScript, Python, and SQL. You can learn more about them through easily available fintech courses online.

2.      Mathematical and Analytical Skills

You have to be very sharp with numbers.

Some people have a natural way with numbers and that is expected in any student who wants to make it big in the fintech industry. In addition to accountancy and bookkeeping skills, you also need to be strong with charts and graphs and mathematical analysis. Tech tools involved in fintech are extremely useful and knowing how to use them even more critical.

3.      Blockchain Skills

An intermediate-level expert in blockchain has a better chance of nailing a fintech job interview than a financial expert. Why?

Because fintech companies are looking for talent who have a bend with technology. Since blockchain is considered the next big thing in online security and privacy, experts in the subject are in demand.

This makes blockchain a hot skill and something that you should study on the side as you prepare for your fintech career.

4.      Cybersecurity Skills

Another in-demand skill for your fintech career is related to cybersecurity. This is obvious because security is one of the most crucial aspects of fintech. A company creates a mobile wallet app, and one of the most important things it needs to ensure is the safety of its users’ private information.

With the constant threat from hackers looming, companies need to make sure that their products are secured with top-notch technology. This is where your cybersecurity skills come into play.

Knowing existing security standards such as the FIDO alliance, two-step verification, strong authentication, and other related concepts then becomes paramount.

5.      Machine Learning and Deep Learning

Last on the list is machine learning, which is one of the most in-demand tech skills in general. The world is still trying to make communication between computers and humans free-flowing, and having one more expert getting involved in it is a welcome move.

If you are a finance student, it would be good to expose yourself to such tech concepts as you try to build a fintech career in India.

The recent change in the high school education framework of India further makes fintech an appealing path. This is because students can now take two more years to decide on their interests and start focusing on specific employable skills from early on. Start now and enroll in a fintech course today.

The Vast Scope of Cryptocurrencies Beyond Bitcoin

Cryptocurrency is becoming a global phenomenon, although there is vast unexplored potential. There are thousands of cryptocurrencies that exist, but most of us only know about Bitcoin. 

While Bitcoin has out-performed many other cryptos, but others are safer to invest and learn from. This post gives you an idea of how cryptocurrency is more than Bitcoin and changing the landscape of Fintech and other industries.

Crypto and Bitcoin:

Cryptocurrencies have existed since the 1980s, but most people learned about them after the advent of Bitcoin. Founded in 2008, Bitcoin has taken us on a roller coaster ride of epic proportions and created many “new rich” since its inception.

While only a few know where Bitcoin in the future, some experts believe that Bitcoin may acquire value in the coming years, but it’s doomed to fail. This prediction calls for learning related to Bitcoin, the other types of cryptocurrency, and how they revolutionize various industries.

Some Ways Blockchain is Revolutionizing FinTech

Blockchain technology is best known as technology fortifying cryptocurrency. Bitcoin, Ethereum, and other 4000 cryptocurrencies operate via blockchain, making it one of the most vital innovations in finance. Here are four ways blockchain is revolutionizing fintech.

Creation of digital ledger 

Through time-stamping every transaction and chronological recording, blockchain digitally logs the life cycle of money as it flows. This is important to the banking and accounting industries, as it improves the efficiency of record-keeping, reduces the amount of time and costs involved in manual ledger-keeping.

Protection against fraud

Being decentralized, no one has control of blockchain and can’t be altered. This means a blockchain can log a complete, unchangeable financial record of every transaction, offering huge protection from fraud. Blockchain provides more accountability and eliminates chances of scams.

Removal of third parties

Due to heightened security errors, third parties are impossible in a blockchain because of a decentralized network. Transactions on a blockchain are automatically validated, and you get rid of every layer and pay for what matters.

Democratize money management

The most strategic use of blockchain in fintech has been cryptocurrencies, which allow holding money without a bank. The digital wallets have a private key needed to send and spend crypto and a public address to receive payments. No bank is holding the money!

Blockchain, Cryptocurrencies, and MBA programs

The cryptocurrency craze has brought around many Fintech courses, ranging from blockchain and crowdfunding to peer-to-peer lending and Robo-wealth-managers. Among the popular demand is, of course, blockchain at the top of must-learn lists.

Fintech courseIf you’re a FinTech enthusiast, you don’t want to be caught napping while competitors gain an edge through up-skilling. To be a professional, well-versed in fintech, you need to look for banking and finance courses after graduation, courses related to Trade finance or Financial Accounting that enhance your knowledge of Blockchain. 

MBA online education and online courses in blockchain tech and cryptocurrencies can boost your knowledge on the subject.

Imarticus offers MBA online education with course frameworks with in-depth learning on subjects like Financial Accounting, Trade finance, Blockchain, and cryptocurrency. Industry experts design the programs to gain better business insights, communication skills, domain expertise, and management skills.

If you’re looking for a banking and finance course after graduation, with an aim to land in the Fintech industry, Imarticus has excellent offers. To learn more about Financial Accounting, Trade finance, and Blockchain courses, go through their course catalog today!

Related Aticle:

https://imarticus.org/want-to-start-a-fintech-career-heres-your-ultimate-guide/

Where to Find Your Next Affordable Fintech Course?

Fintech (Financial Technologies) is rapidly transforming a plethora of industries today. From wealth management to mobile banking, investment apps, blockchain & cryptocurrency, Fintech innovations are improving various spheres of the financial sector by introducing new methods and automating the traditional ones.

By integrating artificial intelligence and data science, fintech companies make financial services fast, secure, and efficient. The innovations are expanding to numerous territories of businesses, resulting in a wide expansion of this industry.

Careers in Fintech

As the industry is swiftly evolving, so are its career opportunities. Fintech offers a range of exciting job roles to people with a knack for finance and technologies. People with creative abilities and planning and research skills are a great fit for a valuable career in the fintech industry.

Some of these careers include:

  • Product Manager
  • UI/UX and Graphic Designer
  • Data Scientist
  • Cloud Management
  • Product Engineer
  • Business Analyst
  • Blockchain Developer
  • Compliance Expert
  • Cybersecurity Analyst, etc.

Courses in Fintech

To pursue a career in Fintech, one needs to have in-depth knowledge about this industry. For this, you can do a Fintech course.

Fintech coursesThere are many Fintech courses in India offered by different institutes. These courses will teach you the basics of Fintech and the current trends and practices in the financial service industry which will increase your chances of getting a job in this industry.

Though these courses are important, a lot of them can fall too heavy on your pocket, creating hurdles in your path to becoming a Fintech professional.

If you are looking for an affordable Fintech course that offers you comprehensive guidance on all the concepts and practices of Fintech, then Imarticus is the right choice for you.

Imarticus Learning – Fintech Courses

Imarticus Learning is a leading technology-led educational institution offering pro degrees and certificate courses in a variety of industries. For Fintech, Imarticus offers two programs namely-

  1. Fintech pro degree in collaboration with Rise Mumbai
  2. Fintech certificate course in association with SP Jain School

The programs dive deep into the concepts of Fintech and provide students clarity on several areas such as analytics and machine learning, robotic process automation, blockchain, design thinking and experiential learning, etc.

Fintech Pro Degree Program

The Fintech pro degree program is a 125-hour online program that follows an industry-centric curriculum thoroughly. Some of the modules of the Fintech pro degree are:

  • Batch Launch
  • Introduction to Fintech
  • Fintech for Managing Capital: Allocation of Capital and Insurance
  • Fintech for Managing Capital: Access to Capital
  • Fintech for Managing Capital: Management of Capital

Fintech Certificate Course

The Fintech courses Online is available in two modes- Core and Pro. The core program will be of 100 hours duration and the pro program will be of 140 hours.

The core program will cover a broad spectrum of Fintech concepts with group mentorship. Some of the modules of this program include:

  • Introduction to BSFI & Fintech
  • Digital Transformation & PRA
  • Cloud Computing & API Economy
  • Blockchain & Beyond

The pro program is focused on providing extensive knowledge with individual mentorship. Some modules of the pro program are as follows:

  • Payments – Consumer & Wholesale
  • Use of Technologies in Payments & New Business Model
  • Lending – Consumer & Wholesale
  • Use of Technologies in Lending & New Business Model

The fee for the Fintech certificate course is:

Core: INR 2,00,000

Pro: INR 3,00,000

For better affordability, Imarticus Learning offers students three different options to pay the fee which includes;

  1. Full payment with a 10% discount, that is,

Core: INR 180,000

Pro: INR 270,000

  1. Interest-free education loan with EMI starting from as low as INR 16,667 per month.
  2. Payment of fee in two installments.

Perks of Pursuing Fintech Programs with Imarticus Learning

Imarticus Learning offers students unique Fintech pedagogy, industry partnerships, access to their Fintech community along with the certificate/degree of the course on completion. Join today to secure your successful Fintech career!

How The Fintech is Transforming Everyday Life?

What is Fintech?

The Finance industry has undergone some massive transformations to improve the delivery of financial products and services to customers. The evolution within the financial services industry has been nothing less than phenomenal. One of the most impactful developments in this segment is the Fintech sector that has totally revolutionized the banking and finance industry.

Fintech is the amalgamation of finance and technology that helps to overcome all the challenges of the traditional banking sector. Fintech is among the most rapidly growing industry and the Best Fintech Course in India is in huge demand in the contemporary.

Fintech career

The Fintech industry is all about leveraging cutting-edge technology to solve traditional banking problems and help with financial inclusion. It is generally used by businesses to manage their day-to-day financial operations and processes.

It initially denoted the use of technology on the backend of financial institutions but slowly developed into a new segment altogether that is more effective in providing financial solutions to businesses and individuals. From retail banking to fundraising and investment management it includes all major aspects of banking and financial services.

Impact of Fintech on everyday life

Now that we have a fair idea as to what the Fintech segment is all about, let’s delve deeper into how Fintech is transforming everyday life.

Easy banking solutions

Gone are the days where people used to take a day off to conduct their banking-related activities. Long queues are a thing of the past and now one can easily avail all the banking features from the comfort of their home using their smartphones. Fintech has simplified banking and changes the way we operate altogether.

From making online payments for e-commerce purchases to availing loans with just a few clicks, Fintech has simplified our lives by transforming the banking segment. Personal banking-related services have been much more efficient and convenient to avail. You can even check your financial data at any time of the day.

Blockchain & Cryptocurrency

Cryptocurrency will shape the future of the finance and banking industry. The core technology at the heart of cryptocurrency is blockchain. Blockchain first became evident to the world when Bitcoin was introduced. Blockchain has other significant uses in the finance industry related to security and other purposes.

A cryptocurrency is a form of digital money that uses cryptography to secure transactions. Digital currency makes the transfer of wealth far easier between two parties. The highly decentralized nature of blockchain makes it almost impossible for users to cheat the system and carry out any fraudulent transactions.

Affordable investment advisors

The Fintech industry uses cutting-edge technology to overcome traditional financial challenges. Traditionally the investment advisory services were limited to high net worth individuals and businesses. A major reason for this was the high-fee structure of investment advisors.

The growth in the Fintech sector has made Robo-advisors more accessible and affordable to provide advisory related services by using sophisticated algorithms. Robo-advisors have shown significant improvement and perform equally well. In the coming future, more companies will deploy Robo-advisors to provide investment guidance to customers on a large scale.

Fintech is among the most rapidly growing industries as the demand for Fintech products and services is on the rise. Fintech provides a better way to do financial transactions and also does it economically saving time and money both for the customers.

Fintech careers are among the most sought-after career options in the contemporary and the demand for Fintech professionals will continue to grow in the near future.

One can opt for a Fintech course from reputed institutions like Imarticus Learning and gain practical knowledge and skills to excel at the job.

Fintech Career

Imarticus Learning also provides a job assurance to the candidates with the top players in the industry.

How and Where To Find a Fintech Career in COVID -19?

Introduction 

 

The fintech sector is witnessing a lot of upward mobility. They have completely disrupted the traditional banking services and are providing banking services right on the fingertip of customers. The recent Covid-19 pandemic has taken its toll on almost all the sectors. But, in the fintech sector, technologies are helping in automating the financial processes.

 

The employees can work remotely and can provide financial service to clients via online medium. There are a lot of start-ups that have launched themselves recently, they require IT & banking experts who could work with them. Let us see how one can find a fintech job amidst the Covid-19 scenario.


Where to find Fintech Jobs?

 

You can look for fintech jobs on LinkedIn which is a great platform. A lot of firms put their job requirements on this platform and people can apply themselves for any particular job role in the fintech industry.

 

There are a lot of job opportunities in the fintech sector, and you should keep searching on corporate social media sites. There is no need to be an expert in financial knowledge, there are a lot of other job roles in the fintech sector which need IT-experts. Fintech has adopted a lot of new technologies like machine learning, artificial intelligence, etc. They need deep-technology experts who can make better algorithms.

 

Tips for Finding a Job amidst Coivd-19 Scenario

 

• Keep yourself connected to the market. You can apply for jobs via LinkedIn, mail and you should keep doing it. Let people know your skills beforehand.

 

• Keep your business profile & C.V maintained. You can display your acquired skills on your profile so that people could reach out to you with a little bit of prerequisite. 

 

• There are various job roles in fintech, make sure to analyze your skills and apply for that job role. It will help you in getting the job easily. Make sure you keep yourself updated with various job roles in fintech like Customer Support Executive, Software Developer, Financial Analyst, Data Scientist, Business Analyst, etc.


What to do?

 

• If you have a bachelor’s degree in finance, accounting, or economics, then it is best for you to go in the fintech sector. There is no compulsion of getting a degree to enter the fintech industry.

 

Fintech online courseOne can know more about the fintech sector via online Fintech courses available on the internet. Many prominent courses/certifications also come with hiring chances.


Make sure you have some education/certification before entering in the fintech industry, it will help in your upskilling.

 

• A job seeker in the fintech industry should analyze one’s skill set. Make sure that you have skills like analytical skills, programming skills, etc. One can also learn about machine learning, blockchain, deep learning, etc.

 

There are also jobs for cybersecurity in the fintech sector. The more skills you have, the more valuable you will be as an employee.

 

Trends in the Fintech Sector

 

One should be aware of the trends in the fintech industry if you are seeking for a job. This will help you in learning new technologies and be updated about the industry. Some of the latest trends in the fintech industry are:

 

• Platform as a Service (PaaS) is being adopted by many fintech firms.

 

• Usage of artificial intelligence, machine learning in automating processes like credit report generation, customer support, etc. It helps in cost optimization. 

 

Conclusion 

This is the right time to start building your Fintech Career. A lot of new companies and old giants are witnessing major growth. The fintech industry is predicted to grow at a massive annual growth rate of 24.8% until 2022. This was all about how one can find a job in the fintech industry.

What is a Blockchain Course?

Blockchain technology is being used in many fields like finance, cryptocurrency transactions, online shopping payment, etc. Blockchain supports the digital transfer of information from a peer to another peer with users having access to read the information but not copy or amend it. A blockchain is made up of blocks and each block directs to the address of the previous block. This decentralized technology is providing fast results with increased security. A blockchain course will help you in understanding the concepts of blockchain and how to use it. A blockchain course via trusted sources like Imarticus Learning will make prepare you for all relevant roles available.

Skills Taught in a Blockchain Course

Some of the most prominent things that you can learn about blockchain & its applications via the blockchain course of Imarticus Learning are as follows:

  • You will be taught about the meaning of blockchain and its related concepts. The fundamentals & applications of blockchain technology will be discussed in a Blockchain Course.
  • Usage of blockchain in cryptocurrency transactions can be learned via a Blockchain Course. You can understand how prominent cryptocurrencies like Ethereum, Bitcoin, etc. use blockchain to provide secure services. You will grasp better with real-world blockchain scenarios.
  • You will get to know about the Hyperledger fabric in the blockchain which is a framework used to develop blockchain-based services, products, and applications.
  • The Fintech Pro-Degree & Blockchain Training offered via Imarticus Learning will also help you in understanding complex blockchain frameworks like Multi-chain blockchain.
  • You will learn about the security measures in blockchain and how asymmetric cryptography is used to make blockchain transactions secure. You will also get to know about the hash functions which are generated for each block in a blockchain network and hence increasing its security. The pair of public & private keys used for cryptography in blockchain can be understood via a course.

Why Choose Imarticus Learning Blockchain Course?

There is no restriction of any background study in the field of finance/blockchain to enrol you in Imarticus Learning courses. The Fintech Pro-Degree will consist of two batches. The first batch will focus on blockchain basic concepts and its applications while the second batch will focus on understanding cryptocurrency & financial processes using blockchain. Both the batches comprise of 60 hours of study in two months each. Imarticus learning courses are affordable and have successfully trained over 35,000 trainees. Industry experts will be there on Imarticus Learning courses to assist you and make you industry-ready.

Benefits of Blockchain

Let us explore some of the major benefits of blockchain which makes it indispensable for organizations and also a necessary skill to hone with the Blockchain course. It is a decentralized technology with no central controlling source. This increases the security as the information passes through million checkpoints and one has to falsify information at all checkpoints to alter it.

  1. The implementation of blockchain may be challenging in starting but it will save a lot of money & human resource in long run. Blockchain has helped many retail firms in cost optimization by doing financial transactions over the blockchain.
  2. You can learn blockchain technology via online courses and can increase transparency & traceability in your business.
  3. Blockchain technology once implied doesn’t require any portal charges to make transactions. This helps in creating payment portals that are secure and don’t levy any charges on its users.

Conclusion

Blockchain is quickly being adopted by many firms/companies across the globe. According to surveys by LinkedIn, blockchain is the second most required hard skill by the firms in their employees. Imarticus Learning blockchain course will make you industry ready and you will also get placement support. Imarticus Learning is collaborated with the top firms in the blockchain industry & will provide you with expert faculty members. Grab your Blockchain Course now!

Blockchain Technology in Financial Market 2020 | Covid-19 Impact Analysis and Industry Forecast Report Till 2026

Blockchain is a new-age technology that works on peer-to-peer topology. Information can be stored throughout the network on different servers. Anyone can access the information in real-time but they cannot change/modify it. The security measures are enhanced in Blockchain technology.

It works as a digital ledger where the information is duplicated throughout the server. Blockchain technology has revolutionized the way the financial market used to work. One can easily record financial transactions using Blockchain technology. Read on to know more about Blockchain technology in the financial planning and analyst course market and the impact of the recent Covid-19 outbreak on the financial market.

How Blockchain Has Changed The, Financial Market?

Blockchain is changing the working culture of the finance industry in the following ways:

  • A huge amount of transactions is carried out daily in the finance market. Blockchain is making these processes faster and more accurate.
  • Security and transparency are increased due to Blockchain. You may see the transactions of some other firm but you may not be able to alter it. The hackers also find a hard time hacking Blockchain technology.
  • Cross-border transactions are being made faster via Blockchain. Earlier, cross-border transactions traversed through various banks, and the process was very slow. Blockchain also helps in cost optimization in the finance market.
  • Digital identity verification using Blockchain has helped fintech players to provide hassle-free financial services to their users. It also has reduced fraud in the market. Blockchain is enabled with cryptographic security.
  • Blockchain is a decentralized technology that helps in creating contracts between two parties. It also makes sure that the financial rules and regulations are also met. Participants can make transactions using Blockchain technology without the presence of a central authority. Everyone has access to information but can only read it.

Covid-19 Impact on the Financial Market

The impact of Covid-19 on the financial market is as follows:

  • The firms which had taken debt for their business are now facing more vulnerability towards the insolvency crisis because of abruption in financial services due to the Covid-19 outbreak. They have to do cost optimization by reducing their employees and services.
  • The stock prices have fallen due to this pandemic. There is a lot of market volatility in terms of equity and there is confusion among the stakeholders. Stock markets worldwide are witnessing a downfall.
  • The movement of employees from firms to their homes because of the ‘Work from Home’ culture has made it difficult to monitor and analyze the performance of employees. The companies are doing their best to cope up with the changes.
  • Bond and the debt market are also witnessing many changes due to this global pandemic. Many firms are facing disruptions in their financial systems and if the market volatility is not solved quickly, chances of the next recession are also there.

Finance Industry Forecasts

The finance industry has adapted to the changes very well. A lot of financial services have shifted to an online medium. The fintech giants have done their bit in maintaining stability in the financial industry.

The CAGR (Compound Annual Growth Rate) from 2019 to 2025 of the global finance market is predicted to be around 7.89% with the Asia Pacific as the highest growing market. The need for financial services in healthcare, retail, etc. will help in the growth of the finance industry until 2026.

The financial market is facing a lot of problems due to the Covid-19 outbreak but the new-age technologies like Blockchain, data analysis, artificial intelligence, etc. have helped in adapting to the ‘Work from Home’ culture and have also generated automation in the financial services. You can learn more about Blockchain technology by enrolling in various Blockchain courses available on the internet.