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How Fintech Is Reshaping Investment Banking?

Posted on by Imarticus Learning

Technology is revolutionising the world of investment banking. Fintech, or financial technology, is no longer just a buzzword. It’s the force behind new finance, rapid and smart banking, and easier. In fact, fintech is at the heart itself of how investment banks these days are changing—be it risk models run with the help of AI or transactions on blockchain. Anyone looking to get his toe in the waters of finance must be aware of this revolution.

Whether you are a professional or finance graduate, you are driven to position yourself better with the way fintech is changing the investment banking sector in a bid to secure your future working career better. Imarticus’ Certified Investment Banking Operations Professional CIBOP certification course is particularly meant to do just that—position you better with new finance through a robust industry-based course.

Fintech

What Is Fintech?

Fintech is the application of sophisticated high-tech technology in the financial sector. There’s electronic payment, blockchain, and robo-advisors; there’s algorithmic trading and artificial intelligence analytics. Within the broad fintech umbrella, there is nothing. For investment banks, fintech has completely transformed the manner in which trades are executed, risk is executed, and customer services are provided.

By 2024, the fintech market will reach more than $310 billion, casting its giant shadow over the financial mainstream services, particularly investment banking.

The Rise of Technology in Investment Banking

Investment banking is traditionally spread sheet and man-dependent but is slowly adapting to technologies like:

  • Blockchain for real-time settlement
  • Cloud Computing for business scalability
  • Big Data for client analysis
  • Robotic Process Automation (RPA) for operations

This fintech transformation is changing processes, eliminating inefficiencies, and creating new jobs that didn’t even exist a decade ago.

Fact: 90% of investment banks today have fintech solutions installed within operations or will very soon, according to one PwC report.

AI in Investment Banking: Disruption or Revolution?

Artificial Intelligence is likely to be the most powerful banking driver of our era. From algorithmic trading, predictive analysis, and fraud prevention to revolutionizing the face of decision-making.

AI in banking is expected to contribute $1 trillion in added value globally by 2030.

Examples of these include autonomous regulatory oversight, natural language processing of chatbots, and smart contracts. AI isn’t slowing down or taking the jobs—it’s redefining them. Those working today must be machine learning model familiar, data analysis, and decision tree technology-influenced.

Career Opportunities in Digital Banking

The. intersection of finance and fintech has opened up new career paths that combine technical and financial knowledge. Most in-demand fintech career positions today are:

  • Investment Banking Associate (with digital tool expertise)
  • Wealth Management Analyst (with AI platforms)
  • Regulatory Reporting Analyst (with data compliance)
  • Risk Management Consultant (with predictive technology implementation)
  • Client Onboarding Associate (with automated KYC platforms)

Fintech careers are not only making relevance, but permanence.

Key Skills Required for Fintech Careers

Money and technology require a double-skilled approach. Most important skills are:

  • Data Analysis with Excel, SQL, or Python
  • Blockchain and Cryptocurrency knowledge
  • AI/Machine Learning concepts
  • Risk Assessment tools
  • Compliance and Ethical Banking software

Decision-making, flexibility, and subject-specific communication are equally important soft skills too.

Resume for Investment Banking Roles in a Tech-Driven Era

If looking for investment banking careers in the current digital-age era, your resume must be technology-aware.

Tips:

  • Highlight data tools: Excel, Tableau, SQL
  • Call out technology-based projects: AML simulations, Trade Lifecycle, etc.
  • Certifications such as the CIBOP to support learning in areas of the profession.

A resume tailored towards problem-solving in real-world situations actually makes an impression.

Interview Tips: Ace Your Fintech Finance Job Interview

Interviewing at an investment bank these days and writing an investment banking interview question, you won’t only be queried on balance sheets and EBITDA. Be ready to explain:

  • How AI can automate
  • The impact of RPA on middle-office functions
  • Algorithmic modeling to mitigate risk

Top Finance Job Interview Tips:

  • Be a solutions thinker, not a process thinker.
  • Your digital banking solutions answer.
  • Emphasise fintech disruption awareness—e.g., neobanking and DeFi.

Why CIBOP by Imarticus Is Future-ready?

Certified Investment Banking Operations Professional (CIBOP™) course is at the top in the highly competitive education industry. Here’s why:

  • Job Guarantee: 100% job guarantee for finance graduates with good marks
  • Placement Rate: 85% in high-quality banks
  • Salary Increases: 60% average salary hike
  • Role Readiness: Prepared for 12+ roles in digital finance
  • Real-World Projects: Anti-money laundering, ethical banking, compliance simulation

You don’t learn. You do.

More than 1200 batches successfully completed and 50,000+ trained students.

FAQs

Q1: What is the role of fintech in modern investment banking?

A: Fintech enhances the efficiency of the process, enables decision-making based on artificial intelligence, and creates new employment opportunities through automation of standard banking processes.

Q2: Which jobs are available after a fintech investment banking course?

A: Job opportunities offered are Investment Banking Associate, Risk Management Consultant, KYC Analyst, Trade Surveillance Specialist, etc.

Q3: What makes CIBOP different from other certifications?

A: It offers 100% job guarantee, live project experience, and hands-on exposure—along with industry-approved certificates.

Q4: Can non-tech finance graduates enter this field?

A: Yes. Fintech-foundation finance courses such as CIBOP are for beginners and start from the core levels.

Q5: How should I prepare for a fintech-based finance interview?

A: Place emphasis on tech, fintech knowledge, and ability to talk about use cases like AI in trade or RPA in settlement.

Conclusion

Fintech is the future of investment banking—and that future is already here. It’s changing what banks do, how they do it, and whom they hire. In order to stay in business, next-gen professionals must embrace the intersection of finance and technology.

Imarticus Learning’s CIBOP™ program is the ideal place to make that jump. With 7 interview assurances, hand-in-hand exercises, and 1000+ hiring partners, it’s not a course—it’s a career starting point.

It’s time to shake up your resume, skill set, and career path with fintech in finance.

Facing the real challenge while an examination? Check this interesting format of SP Jain’s Fintech program.

Posted on by Imarticus Learning

Are you looking for a job in the Indian Fintech industry? Fintech exams for recruitment or certification can be tough and you need to have the required skills to crack it. There are many online certification courses on the internet but many of them do not provide an in-depth learning curriculum.


The SP Jain’s Fintech program provide by Imarticus Learning will provide you industry-oriented learning. It will help you in building a successful career in the fintech industry. Read on to know more about the interesting format of SP Jain’s fintech program.

Fintech Career

 Course Overview

 

The Professional Certification in Fintech is provided by Imarticus & SP Jain School of Global Management. Along with in-depth coverage of fintech aspects, this course will also provide you experimental learning. This course comes in two formats i.e. CORE Modules & PRO Modules.


The CORE Modules will cover various tools & technologies used in the fintech sector. The PRO Modules include the topics covered in CORE Modules plus extra learning. Let us see the detailed curriculum of both modules.

 

CORE Modules

Fintech Career

 

The topics covered in the CORE Modules are as follows:

 

• Introduction to BFSI & Fintech – You will go through various case studies to understand the modern banking landscape. You will also get to work on a group project under this module.

 

• Cloud Computing & API Economy – Recruiters in the fintech industry look for candidates who are experts in modern-day technologies like cloud computing, big data analysis, etc. You will learn about APIs, open APIs & connected businesses. You will learn about API management in the fintech industry.

 

• Data Transformation and RPA – RPA (Robotic Process Automation) is used to automate many processes in the fintech industry. This course will help you in learning about process mining & optimization. It will also cover various aspects of business process reengineering.

 

• Blockchain & Beyond – This topic in CORE Modules will cover the usage of blockchain in the current fintech industry. You will also learn about various tools & applications used to provide fintech services to consumers.

 

PRO Modules

Fintech Course

 

The topics covered in PRO Modules (140 hours) are:

 

• Payments – Consumer & Wholesale – You will get to know about modern-day payment practices. This module will also help you in understanding various innovations in the payments & lending market led by the government/private sector.

 

• Use of Technologies in Payments & New Business Model – You will get to know about programmable payment systems. This module will cover various aspects like the use of AI/ML bots, cryptocurrency management, hybrid payment products, IoT in fintech, etc.

 

• Lending – Consumer and Wholesale – This sub-module covers various aspects of the fintech industry like social media-based profiling, comparison tools, regulatory frameworks, SME/MSME lending. You will get to know about the innovations in the lending/loan industry.

 

• Use of Technologies in Lending & New Business Models – This sub-module will focus on the use of data science & machine learning for cross-selling. It will also teach you about synthetic lending products using AI/ML & DeFi lending.

 Benefits of the SP Jain’s Fintech Program

• You can get your hands on the Project: Paradigm shift under this course. It will help you in working on a visionary fintech business idea/project.

 

• Your final examination will be open-book and you will have to make business decisions in this simulated test as a CXO. Upon the completion of the course, you will be handed the fintech certificate.

Fintech Career

• You will also get to be a part of the Singapore Immersion Program and can meet fintech professionals from more than 140 different countries.

 

• You will be a part of the Perpetual Learning Program (PLP) giving you lifetime access to webinars from various industry experts.

 

• You will also gain access to the SP Jain’s laboratories along with becoming an alumnus of the SP Jain School of Global Management.

 

In a Nutshell

 

The in-depth course curriculum of SP Jain’s fintech course will help you in learning the practices in the fintech industry. You will also learn about the role of modern-day technologies in fintech. You can download the course brochure from the Imarticus website.

You will be able to know the operations involved in digital banks. Start your fintech course now!

What Are Some Fintech Companies?

Posted on by Imarticus Learning

The Basics of Fintech

At the very core of any technological evolution is a determination to provide something better than what already prevails in the market. Can you think of any industry that is not influenced by technology? I am wondering it’s very hard to think of one. Fintech is the short form of Financial Technology, meaning the use of technology in the financial domain to provide better finance-related services over tthe traditional methods.  

The Fintech industry comprises companies and start-ups that are focused on providing solutions to various problems that exist in the industry. The bottom line of using cutting-edge technology in the financial domain is to provide more efficient services that could work in conjunction with our fast-paced world, ultimately increasing customer satisfaction. Let’s dig more into the players in the Fintech industry who are revolutionizing how people use banking and financial services.

Players in the Fintech Industry

Some of the key players in the Fintech domain are mentioned below.

Ant Financial 

One of the major global players in the Fintech industry is based in China. Established in October 2014, Ant Financial Services Group is on a mission to bring inclusive financial services worldwide. It is also the official operator of Alipay, the digital payment portal by the Alibaba group for its e-commerce platform.

Xero

Xero is one of the fastest-growing software as a service (SAAS) provider worldwide that already has more than 2 million subscribers. Founded in the year 2016 in New Zealand, it aims to provide accounting solutions for small and medium business enterprises through its cutting edge software technology. Xero has also backed the title for the World’s Most Innovative Growth Company in 2014 & 2015 by Forbes.

Avant

Founded in the year 2012, Avant is one of the key players in the Fintech domain. Originally registered as AvantCredit, Avant is a Chicago based Fintech firm that provides online credit solutions for customers. On a mission to eradicate the obstacles in the borrowing process and minimize the cost of borrowing for individuals, Avant brings more transparency to the whole system through its revolutionary technology. 

Tala

Tala is a game-changer in the Fintech domain for providing micro-loans through its smartphone application. Founded in the year 2011, Tala has a customer base like no other, it provides credit facilities to people in the remotest parts of the world. On a mission to expand financial access and choices to billions of underserved people worldwide, Tala is using technology for the best! 

PayPal

One of the most prominent players in the industry, PayPal was the harbinger of the Fintech revolution. With a customer base of more than 277 million active users, PayPal believes in empowering individuals and businesses to connect and prosper in the globalised economy through its digital financial services platform. It adds value by enabling individuals and merchants to indulge in monetary transactions in multiple currencies worldwide.

Stripe

Stripe is a US-based Fintech company that was founded in the year 2009. It uses its software technology to provide payment solutions for individuals and business owners that help to receive and make payments online. Stripe has built a customer base in the e-commerce domain by catering to the payment solution needs of the online business owners.

Robinhood

Robinhood is a US-based Fintech firm that provides investment solutions through its mobile and web applications. It was founded on the core principle of increasing participation of people in the finance industry through commission-free access to investing. Robinhood is a fast-growing company that already has a customer base of more than 6 million active users, a major percentage of which belongs to the millennial population.

 

Skills and Tools Which Are Required in Fintech Industry

Posted on by Imarticus Learning

FinTech which stands for Financial Technology is a rapidly growing but highly expansive field. FinTech’s areas of interest are many such as Net Banking, Cryptocurrency, Insurance, Trade, Application Design, and Online wallets. Since this interdisciplinary field is so widespread, it entails professionals from a wide variety of disciplines within its folds. A software designer and an accountant both can work in the field of financial technology, as this field caters to a large set of skills.

Some of the most sought after skills and tools in FinTech Course

● Cybersecurity expertise: One of the main threats that the FinTech industry faces is malware infections and hackers. If a financial technology system is infected and its data gets breached then, the corporation can face penalties; hence people who can secure the computer systems from virus invasion and prevent a breach of privacy are of great value in FinTech.

● Machine learning and Artificial Intelligence: FinTech works heavily with artificial intelligence. This field needs people who have apt statistical knowledge and instincts. One needs continuous analysis and study of data in FinTech. A candidate who knows how to use the machine learning to add, edit, remove, and study statistics will always be a useful addition in the FinTech industry. A person is needed to be proficient in Hive, SQL, and Pig. They are also expected to know how to work with toolkits like Weka, Python, NumPy, and MatLab.

● Soft Skills: The nature of FinTech industry is highly collaborative. A person is required to work closely with people who come from different backgrounds. This makes it necessary for a worker to have soft skills like teamwork, the ability to work in a group and be amicable. This industry also requires people to be highly open to ideas, edits, and suggestions so a person who is not receptive to feedback will not be a good fit for this industry. People with soft skills help in team-building and communicating ideas. They are useful in managing human resources and resolving conflicts that might arise in different groups due to the dense presence of workers from different disciplines.

What are the challenges and questions of the FinTech industry?

Like all industries in the world, FinTech also has its share of problems and challenges. FinTech is a relatively new industry; hence its challenges are still being explored. But over the years, government regulations and breach of data are the two main challenges faced by FinTech companies.These restrictions and lack of government support prevent these innovative companies from establishing themselves due to legal and bureaucratic hurdles. These problems are particularly harmful to start-ups than established companies.

Another major challenge that surrounds FinTech is that of hacking and breach of privacy. In the world of Big Data, information is gold, and hence hackers and cybercriminals are always on a lookout for profitable data. The breach of security by hackers or malware infection in FinTech brands does not just ruin the credibility of the company but it also leads to fines and penalties.
Some of the strictest penalties for FinTech corporations are made by the European Union (EU). All FinTech companies that are practicing in the European Union are mandated to adhere to the GDPR guidelines that deal with privacy and data protection. Any FinTech company that fails to protect the data of its users can face up to 20 million euros in fines or give up 4 per cent of their annual turnover in penalty. To prevent any intrusion by hackers, FinTech institutions end up splurging a copious sum of money into developing firewalls and other security systems such as anti-viruses. Not just money but time is also spent in ensuring that the information base is secure from all kinds of Trojans, malware, and snooping.

Conclusion

Contrary to popular belief, FinTech is not completely run by engineers or bankers only. Even people who are not particularly tech-savvy can work here in a highly collaborative space. In this cabalistic and digitalized world, by taking a Fintech Course you will be able to understand the immersion of financial technology which is in almost all kinds of fields and disciplines around the urban world.

Let FinTech Help Jumpstart the Economy

Posted on by Imarticus Learning

The year 2020 opened with a global crisis. The COVID-19 pandemic is reshaping the business and development sectors. The impact of this on the world economy is calculated to be worse than the 2008 crisis. However, there are fundamental differences between the two cases. The epicentre of the economic crisis in 2008 was big banks, whereas this time around the impact is more on the Fintech. However, they can come a long way in helping economies to recover from this crisis. If you look deeper into the segment, there are some advantages in the way they work. Most of them are typically online platforms, so they can continue to function in the remote-work environment, and most of them can process a large amount of data.

How Can Fintech Help?

Fintech could leverage artificial intelligence and machine learning to collect and analyse data to perform predictive analysis. This will help the firms to re-design the products and services to suit the changing economic landscape across the world.

Most of the fintech companies are trying to rise to the challenging situation posed by the COVID-19 pandemic outbreak. Many fintech companies are relaxing their terms and conditions and amending their service norms to help their clients deal with the crisis. Fintech across the globe – from India to Russia, U.K. the U.S etc. are using their data insights and talents to extend generosity.

Let us look at some examples. The London-based fintech Aire has come forward to act thoughtfully – they have offered free access for three months to their credit insight service. They have considered that the lenders are stretching beyond limits and are struggling to put up a real-time picture of their customers.

India’s leading fintech in cryptocurrency, CoinDX has successfully raised 3 million dollars in Series A Funding. The company can use this to launch new products and support market research and development. They are actively pursuing their vision of leading India into a 5 trillion-dollar economy. Being India’s largest exchange, they are shouldering the responsibility to lead India’s crypto adoption.
Another fintech, Digital Onboarding, extended free unlimited usage to empower their customers and help them understand how to use their digital services and access money online, without having to visit their branches.

The COVID-19 crisis has pushed organizations to re-think the conventional concepts of payments and money and try to broaden and innovate the scope of re-thinking the way business is being done. This crisis is not considered as a shock that pushes the gig economy further to new levels. Instead, many fintech like to see this as an opportunity to think about continuing the business with limited resources, shifting to co-working spaces, for instance. To acquire better fintech capabilities, many organizations are encouraging their employees to enrol in good online fintech courses.

It prompts the way work has been done. They are trying to continue their work seamlessly from remote spaces using existing tools like video conferencing and project management tools. Some organizations are considering combining virtual reality and artificial intelligence to convey information more effectively than it is done through face-to-face meetings. The COVID-19 crisis has kick-started the convergence of physical and digital working and this could prompt a significant reduction in the need for big office spaces.

Conclusion

Fintech companies are leading the way to re-look and re-imagine the way business is done today. With many organizations are following the path, there will be a substantial increase in the number of businesses leveraging technology to facilitate remote working options. Businesses are surely going to benefit from this cultural shift. Fintech companies are going to jump start a transition that is going to have a ripple effect on other economic sectors.

Fintech: Prepare for the 21st Century Financial Career

Posted on by Imarticus Learning

Careers in the Fintech Industry

We all know how lucrative it is to build a career in the financial services industry; investment bankers and financial analyst’s jobs are one of the most sought after career options. The evolution within the financial industry has been on an unprecedented level, this has led to the proliferation of new and exciting opportunities in the domain. The amalgamation of finance and technology has given birth to the Fintech industry that holds rewarding employment opportunities in its realm.
The requirement of the new industry is different from its predecessor in the form of skills required to perform the job. People from both the spheres of commerce and technology have something in it for them and a combination of both is an added advantage. Let’s take a look into some of the promising career opportunities that the Fintech industry has to offer.

Data Scientist

In this digital era powered by the internet, data runs the whole game. Data is the fuel that technology uses to produce an effective output. From contextual banking and personalisation of financial services to efficient digital payment platforms, everything requires data and tons of it. The skills of a data scientist who can churn data to provide meaningful insights are in high demand by the Fintech firms. The remuneration is highly rewarding given the paucity of data scientists in the contemporary.

Product Manager

The role of a product manager entails developing strategic partnerships with banks and other financial institutions to provide solutions with numerous applications. The product manager is also responsible for the adoption of the technology developed by Fintech firms. It is a managerial role and has multiple dimensions, from managing accounting accuracy to supervising compliance with the law; a product manager has a lot going on.

Product Engineer

The name is very suggestive of the role played by the person performing in the capacity of a product engineer. The Fintech companies leverage technology to provide solutions for financial services, what they offer to the final consumer is developed with the help of a product engineer. The product engineer should have robust technical knowledge and understands the requirements of the business to create a solution that will help the targeted users.

Social Media & Content

Content has a huge role to play when it comes to the digital space. Your website is just like your salesperson who is catering to the needs of your customer continuously on a 24*7 basis. The content and social media team are responsible for managing the presence of the brand and increasing the visibility of the firm, engaging with users and promoting the products and services offered.

Careers Avenues in Fintech

Now that you are aware of some of the roles that the Fintech industry has to offer, you can deduce the skills required to do the job. The Fintech industry has grown multiple folds since the past decade; naturally, the next thing you must be wondering about is where you fit in this diverse world of Fintech. Some of the most promising career avenues in the Fintech domain are; Fintech start-ups, Accelerators, Education institutions, financial institutions that are revamping. Start-ups in the Fintech domain are more rewarding since most of them are catering to the 21st century needs, whereas old financial institutions have more of an adaptive approach to stay afloat in the game.

Conclusion

Fintech has totally revamped the finance and banking sectors. It has already grown multiple folds in the last decade and is still in its nascent stage. There are far more rewarding career opportunities in the Fintech sector compared to the traditional banking and finance sector.

 

Why Do You Want To Join Fintech?

Posted on by Imarticus Learning

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

Posted on by Imarticus Learning

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.

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

Posted on by Imarticus Learning

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.

Is Working from Home Fintech’s ‘New Normal’?

Posted on by Imarticus Learning

Many organizations had not even imagined about running a business with their employees working remotely from the convenience of their homes. Work from home was considered as a privilege to selected profiles at unavoidable circumstances.

Yet, it was looked down as a less productive arrangement as the employers presumed many household distractions that could hamper the productivity of the employee. However, there is a tectonic shift in these concepts after the COVID-19 hit the world.

Many weeks into the remote working arrangement, companies have started to realize that they can maintain productivity with their employees working from home. The perception that employees would relax at home while working from home rather than concentrating on their work has completely changed. This could bring a major shift in the structure and design of fintech courses in the future.

Benefits of Working Remotely

The most noticeable benefit is that the remote working arrangement is that companies can access talents from different geographical regions. Companies have started thinking that they don’t want to restrict their talent pool to any specific geographical area. This could be highly motivating to those who are planning to enrol in a fintech course.

Many companies have felt that their employees are working dedicatedly even while working remotely. The fact that even many weeks into the lockdown, there isn’t any drop in productivity. This has led to many companies now willing to test this model going forward, even after the lockdown. This arrangement has shown to improve the morale and motivation of the employees.

Tools Required for Remote Working

Companies have started using digital tools to create a virtual work environment. The teams are staying connected with tools like Zoom and Slack for video meetings and communications respectively. Many companies have enabled SSL VPN to ensure a secure network. Other popular tools are Hangout, Microsoft Teams, Trello and Google Docs.

Challenges of Remote Working

The data protection is the biggest challenges faced by organizations. They are not encouraging employees to store data locally. Small fintech might find it still feasible to provide work from home facilities to their employees; big organizations with hundreds of employees or more are still working out their ways to cope with this new arrangement. They are looking at cloud-based solutions to ensure a seamless transition of office model to work from home arrangement. If remote working becomes a new normal, this could be an area of focus for fintech courses.

Dealing with cyber fraud and malicious acts remain a serious concern for many fintech and banks. This has led to many fintech companies considering investing in reliable cybersecurity tools.

Many companies have introduced working with calendar system to ensure transparency and to know how their employees are spending their days and what are they working on at a given point in time. This will also help companies to monitor how long an employee takes to finish an assigned task. This has helped increase productivity. Daily, weekly, and monthly updates are also helpful to monitor the team output.

In some ways, remote working is benefiting the fintech. Many banks have now come forward to join hands with fintech companies to partner with them at different stages of the customer journey. They are actively looking to shift their non-branch-based functions to remote workplaces.

Along with employees, fintech companies must take care of the needs and convenience of their customers as well. Many fintech companies have created lighter versions of their tech services so that their customers can use them on lower bandwidth.

Conclusion

Fintech companies can implement seamless working from home arrangements with effective communication and with collaboration tools. Many companies have already found a workaround to facilitate remote working for a longer period. Many have said that they would consider moving a higher percentage of their workforce to remote working post-lockdown. However, it is too early to comment if work from home will be the new norm. However, many companies are planning to keep this as a possibility, even though it greatly depends upon the government rules.