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Tag: fintech career

A New Era of Fintech With Customer Engagement!

Posted on by Imarticus Learning

The term fintech is an amalgamation of finance and technology. Thus, when financial institutions use technology to offer financial services, it reflects the fintech course of functionality. According to EY Global Fintech Adoption Index, India has the quickest growing fintech market with an 87% adoption rate. Other countries have an average of 64%, which is comparatively lower.

Recently, RBI shifted focus towards fintech industries by creating a special department that only caters to this. By 2026, the digital payment market is estimated to reach $10.7 trillion and make the economy cash-free. Policymakers are making online payments safer to build trust among customers.

How is India growing the fintech course?

The most trustable financial institutions are banks. Thus, when banks collaborate with growing fintech companies, customers are more likely to trust them too. Many growing companies in this niche approach banks to work hand in hand. If approved, they have a massive consumer base to expand their market. Moreover, when banks collaborate with such financial institutions, their joint expertise can make customers’ lives easier.

Secure digital payments

Due to strict guidelines set by the Reserve Bank of India (RBI), digitally running financial companies have to enable high security for payment processes.

Secure digital paymentsThe most crucial part is keeping customer data safe. Cyber threats are constant challenges, so strengthening payment gateways is a priority.

The companies must create awareness to educate their customers about making safe digital payments. They must give details on how to protect their information. Moreover, doing this can make them more reliable for their customers.

Tech providers use API-based systems to ensure complete security. They incorporate features like tokenization, risk-based authentication, and interceptors to maximize safety. These features safeguard customer’s personal information from cyber threats. As India is rapidly growing in terms of digital payments, such security measures need to work efficiently.

Increasing digital transactions for rural areas

Since the pandemic began, people became a lot more conscious about payments. More and more like to use payment wallets instead of carrying cash or cards, to limit touch. However, India’s rural areas still prefer dealing with cash instead of digital modes and depend on local banks for their regular financial requirements. Some of the crucial reasons behind these are:

  •       Lack of education and technical know-how
  •       Limited digital infrastructure
  •       Fewer merchants using digital methods to accept payments

In such a situation, fintech companies can play a significant role by associating with local banks.

Increasing digital transactions for rural areasThey can provide infrastructure for digital payments and increase awareness among rural consumers to build their trust.

The co-operative financial institutions can help merchants incorporate online payments in such places. They also need to widen possibilities by educating them about offline payment solutions like QR codes and PIN. Such features can work in areas with poor internet connectivity. Thus, these measures can help co-operative banks upgrade faster and offer complete security.

Modern banking improves experiences for end-users

Just how digitalization makes things easier and quicker, customers expect financial institutions to keep up with the pace. As a customer, you will want the fintech course to be personalized and hassle-free.

Fintech CoursesOn one hand, RBI makes sure that digital payments became more secure and keeps fraudsters away. On the other hand, finance companies strengthen their technology base to provide seamless solutions.

With artificial intelligence, machine learning, and Big Data, the companies understand their customers closely. They can serve them in real-time and offer instant solutions.

With robust API solutions and top-notch security, the financial institutions aim to provide a high success rate for online payments. Thus, these measures will enhance customer experience and make money management more effortless.

 

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

Posted on by Imarticus Learning

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.

How Fintech Moved Successfully from Normal to Pandemic New Normal?

Posted on by Imarticus Learning

Fintech was expected to earn great profits in the year 2020. Unexpectedly, due to global pandemic, a paradigm shift could be seen in the functioning of fintech all over the globe.

Although it hasn’t been an easy task for many companies to survive in these testing times, the brighter side shows that for some industries, this scenario has proven to be a bit beneficial.

Unlike other sectors or industries where daily operations used to take place manually, fintech is web-based and does not require any physical interaction. This has been the sole reason that has worked in the favour of fintech in such challenging times.

The successful shift of fintech during the new normal

There are specifically some sectors where fintech operations have accelerated. Some of the positives are discussed below:

  • Continual functioning of Banking Sector

Out of all the industries, banking has been the only one that functioned without any disruption. However tough the times were, banks functioned and transactions took place.

Banking and FinanceIt has widely been seen that people have very positively accepted fintech as their new normal. Unlike the usual times where people used to visit banks for even their balance inquiries, people nowadays have gained trust in the applications and portals under fintech.

Some companies worked without involving cash transactions and only accepted digital money. Usage of portals like PayPal gained popularity during the pandemic.

  • Ease in Regulations

This time has proven somewhat beneficial for fintech as there are many organizations which have adopted the policy of cashless transactions. Considering this, the government and the authorities may lower the regulations that are imposed on the fintech companies for their collaboration with these aspiring organizations.

By working hand in hand, directly or indirectly there is going to be a surge in the usage of fintech tools.

  • Retaining Cash

Considering the current scenario, people have nurtured the habit of keeping cash reserves with them. In such a situation, they tend to make use of fintech companies whether they are in favour of it or not.

banking and FinanceTo illustrate, earlier many amazon orders were booked with cash on delivery but people want to have their limited cash reserves with them and hence are paying online.

  • Dip in the number of lenders

Owing to coronavirus widespread, many money lending companies have restricted the lending capacity considering the current scenario of non-payment by the existing borrowers. They claim to restart lending activities with the uplifting of the coronavirus restrictions. In such a situation, fintech corporations are still operating widely in the market and people can borrow some money using fintech.

Not only the money, but fintech has also collaborated with various big and small companies for providing emergency and necessity items to the people. People, on the other hand, have accepted the involvement of fintech corporations in their day to day operations and they are satisfied by that to a great extent too.

Conclusion 

With a great demand for fintech in the present world, a stable and rewarding fintech career can be planned by gaining professional knowledge and fintech training through renowned institutions like Imarticus. One must always grab the opportunity as it comes your way.

What is Blockchain Course?

Posted on by Imarticus Learning

Blockchain is a growing chain of cryptographically linked blocks or records that are resistant to modification. It records every transaction and thus, it is an open, transparent ledger of transactions between two parties. The sequential list of all the transactions is permanent, with each block linked to the previous block with a hash, timestamp, and details of the transaction.

This feature makes blockchain highly resistant to manipulation and attack. This explains why cryptocurrencies like bitcoin use blockchain to record transactions.

How Is Cryptography, Blockchain And Hyperledger Technologies Related?

Simply explained, cryptography is securing a private message to ensure its confidentiality. Only the intended person can read a cryptographically secured data. As a third party won’t be able to find the keys to decode the message, no one other than the intended people would be able to understand the encrypted message. It involves encrypting and decrypting content using various methods and encryption keys.

How to Become a Blockchain Developer?

The primary responsibility of a blockchain develops optimizes blockchain protocols, and to develop build smart contracts. To become a blockchain developer, you need to enrol in a blockchain course.

This is because you need to be adept at certain technical skills to become a blockchain developer. One needs to master certain concepts like cryptographic hash and distributed ledger etc. self-learning could be tedious, so it is always better to take up some blockchain courses to give a boost to the learning process. co

To master the blockchain development process, you should have a good grasp of data structures. Many blockchain developers explore tweaking data structures and combine them with cryptography to develop fool-proof and secure systems. Most popular data structures are Petrecia and Merkle trees. Data structure and blockchain are two inseparable concepts, and learning blockchain, beyond any doubt, is incomplete without having learned data structure.

You might have already understood the importance of cryptography in blockchain development. Cryptographic methods are used to develop digital signatures.

It is also used to develop crypto contracts or smart contracts, which is a computer contract that involves and controls cryptocurrency transactions under certain controls. Smart contracts became popular post Ethereum release. Most of the businesses

Smart Contract Development

Smart contracts caught attention post Ethereum release. Businesses across the world are now keen to integrate smart contracts into their systems to benefit from the application of business logic. Hence, developers striving to get into the blockchain field should learn about smart contract development. For this, you need to get a good grasp on languages such as Chaincode, Viper, and Solidity.

Web-Development
Another important skill to master as a blockchain developer, web-development involves the development of front and as well as back end functions including building interactive graphic interfaces. Blockchain developer should also be able to handle API and requests.

Let’s now have a closer look at the types of blockchain developers.
To understand what responsibilities do a blockchain developer handle, you need to know the various functions associated with it. Contrary to what you believe, the career possibilities of a blockchain developer are not only about building blockchains. There are multiple job layers.

Backend Developers
Common job roles of a backend developer are:

• Designing and developing Application Programming Interface (API) to integrate blockchains.

• Designing software and handling everything from testing to deployment and render technical support.

Blockchain Project Managers
Project managers are responsible for blockchain-specific, yet wider job roles. They need to handle a wide spectrum of responsibilities ranging from:

• Developing decentralized applications and maintaining them.
• Blockchain project supervision
• Advising on ICO structure
• Understanding the requirements and designing apps that could cater to their business requirements.
• Training of team members if required.

Smart-Contract Engineers
To become a smart-contract engineer, you need to know languages such as Solidity, Go and Python.

• Developing smart contracts and regular auditing to find loopholes
• Ensure security
• Conduct business process testing

Blockchain course helps you learn the basics of blockchain and cryptography. Training helps you decide which aspect of the technology you wish to focus on. There are a variety of courses emphasizing on various aspects of blockchain development.

To decide on which blockchain course to enrol, you need to decide on your career goal, what would you like to specialize in. Having clarity on your job expectations help you zero down on the best course.

What Are Fintech Jobs?

Posted on by Imarticus Learning

These days one of the most popular names that we hear in the technology industry is fintech. But what exactly is fintech and what are the responsibilities of a fintech job?

In this short article, we will explain to you what exactly fintech means and the responsibilities of a job in fintech bears. Let’s get started.

What Is Fintech?

As the name suggests FinTech stands for Financial Technology and simply broken down it translates to the use of technology in financial applications. Advanced technology such as AI and machine learning, among many more, are used in order to better optimize and automate the use as well as delivery of financial services. A quick example of this can be startups like PayPal which has come up with a payment portal for businesses as well as consumers in order to make online payments more seamless and reduce the consumer’s dependence on hard cash.

A Brief History

Fintech as an industry came into the spotlight in the early 21st century but was mainly used for optimising and developing back end financial systems. Slowly but steadily the popularity and capability of the industry spread and today fintech is used in almost all aspects of financial transactions. These days fintech uses a more consumer-oriented perspective and includes multiple industries such as education, hospitality, media, entertainment, fundraising, retail banking and many more.

What Are Fintech Jobs?

In order to better understand the implications of a fintech job, we first need to understand the fact that all fintech companies have one common objective in mind and that is to threaten, challenge and finally disrupt the traditional financial challenges by incorporating technology and encompassing a more consumer-friendly objective.

Now that you have an idea on what a fintech company does, let us explore the various job roles that are available in the industry.

Software

One of the most in-demand sectors within the fintech industry is for software developers. The reason behind this being, in order to disrupt traditional systems, new software and hardware need to be created. Under the software category, one can choose multiple job roles such as,

1. Technology Architects
2. Product Managers
3. Risk Analysis
4. Relations Manager (Analyst)
5. Engineers both Front End as well as Backend
6. Business Analyst
7. Legal Counsel

Almost all fintech companies these days have continuous openings for such roles as the demand for this industry is continuously growing.

Skills to acquire

If you want to secure a job in the fintech industry, mentioned below are the most in demand skills that you need to acquire.

1. Programming languages such as Java, Python and C.
2. Java integrations such as JSON, .js, Node.js.
3. In-depth knowledge of NoSQL as well as SQL.
4. Rust, Go, Solidity and other such enterprise languages.
5. HyperLedger Fabric.

Along with these there are specialised skills such as expertise in blockchain development and ledgers. Under this, you need to be skilled in the programming languages mentioned above as well as have in depth knowledge on how blockchain development takes place.

If you want to increase your chances of securing a job you can also undertake fintech courses in other areas of skill development such as machine learning, artificial intelligence and many more. Along with this, it is always advisable to undergo formal training in fintech courses as it will help you understand the intimacies of the business better.

Conclusion

The job market in the fintech space is at an all-time high. Along with this, experts predict that the demand for highly skilled professionals will continue to grow in the near future as well.

Now that you know what fintech is and the responsibilities a job role in fintech comes with, get started on developing the skills you need to acquire. All the best.

Why Open Interconnectivity of Financial Services is The Future?

Posted on by Imarticus Learning

There are a lot of times when future predictions are made about every industry. So is the case of the Banking and Finance industry.   Banking and Finance industry has been growing consistently but is now experiencing a breakthrough. This breakthrough can be simply translated into two parts:

1. Globalization: Rapid transactions from one territory to another due to import/export of goods and services.

2. FinTechs: An amalgamation of the Finance industry with technology to yield better service and productivity.

This blog is about the second one- FinTechs. FinTechs are redefining the future of banking and finance by creating an ecosystem of faster services and safer transactions. There are a couple of FinTechs which either come as a SaaS or as APIs which can be integrated as and when required to render the right product mix.

To understand which product mix fits the market, there are various institutions which give FinTech courses and FinTech training justifying the demand for knowledge and implementation in the same.

Hence, FinTechs are not just hot topics. Their interconnectivity as API and SaaS comes in the picture while evaluating their scope. Talking about some common APIs in the banking and finance industry, the following are the most demanded ones:

1. 23% – Account and Data Aggregation
2. 16% -Enhanced Credit Scores
3. 16% – Intelligent Financial Management
4. 16% – New Payment Methods
5. 6% – Automated Affordability Analysis

Now talking about how to open interconnectivity of financial services is the future of banking and finance, here are a couple of pointers that will help you to understand the purpose of the integration process in a better way:

1. API Hierarchy: Banks need to constantly experiment with APIs that they want to develop in-house and the ones which they need to get from FinTechs. Such an integration aims to keep the core of the bank constant but at the same time introduce technology in a way that it is helpful to the end-users.

2. Choice and Value for Customers: Many of the private financial institutions strive to maximize value for the customer. Hence an open integration might help them increase their customer base while retaining their existing customers.

3. No Big Players Any More: There are only big players in the financial markets. However, after the coming of FinTechs and API ecosystem, a lot of business has been shifted with the small players breaking a monopoly sort of a structure in the industry.

4. Innovation: With open finance and banking opportunities, the industry can bear the fruits of innovative marketing mix which minimizes the cost and maximizes the value.

Multiple startups are trying to disrupt the whole space with cutting-edge technology and innovations. Hence, there is no doubt about the fact that such an integration of innovation and traditional values of the finance industry would yield better results for the economy as a whole.

Sounds interesting right? The working of markets makes it quite evident as to why the generation must take up FinTech courses and FinTech training if it foresees a future in this industry.

Imarticus Learning is one of the prime institutions delivering FinTech courses to the students. The experienced faculty, cutting-edge teaching methodologies and the right infrastructure at Imarticus Learning make it an obvious choice for students who see a career in Banking, Finance, and FinTechs.

As the icing on the cake, Imarticus Learning is famous for its intensive and immersive training which makes it possible for the student to take courses both online and offline. This makes the courses available to anyone, anywhere. So what are you waiting for? Enroll now!

What Are The Best Sources To Educate Yourself About Cryptocurrencies?

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What Are The Best Sources To Educate Yourself About Cryptocurrencies?

Blockchains are today’s buzz word and synonymous with cryptos that have affected literally every industry from banking, insurance, the real-estate sector, fintech, and startup sectors. Training is crucial as it helps you to learn the latest skills in technologies that will dominate the future. So, we shall quickly look at the top ten blockchain courses in no particular order of preference.
A bit on the blockchains:
Here is a graphic to quickly help you to understand what blockchains are about and how they sustain the interlinkages of a cryptocurrency transaction.
The best cryptocurrency courses:
1. The Steemit 2.0 Cryptocurrency Course: 
This is where you will learn what steemit is, buy and sell steem, how to use steemit, all about the cryptocurrency markets, and more. You start with the activating your Steemit account and then get paid to blog, acquire followers and launch your professional blogging career. You also learn the rudiments of blockchain courses, cryptocurrencies like the Bitcoin, Steem and how they run on blockchains besides other topics.
2. A 30-minute answer to buying 200 cryptocurrencies: 
This course does offer a 30-minute session where aspirants learn how to trade, sell, and buy-in over 200 cryptocurrencies, Altcoins and Bitcoins. Presently these are traded only through exchanges and platforms used exclusively only for cryptos. Some of the topics you learn here are getting started with Bitcoins, how the blockchain technology works, getting your own crypto wallet, investing, withdrawal and cashing in of cryptos.
3. Introductory course on Bitcoins and Cryptocurrency Trading:
Here you learn all about trading and investing in the Bitcoin, ICOs, and altcoins. The cryptocurrency markets are filled with investors who are unaware of the underlying blockchain technology and its advantages. This course sets those gaps right and teaches you on how to start buying, selling and trading in the ever-risky cryptocurrencies through hands-on practice.
4. Crypto trading for profit 101: 
In this, you will learn to use candlesticks, volume activity, and technical analysis while trading. You will also gain expertise in reading charts, all about day and swing trading transactions, trading in cryptos like the ripple, ethereum, bitcoin, and litecoin, exit and entry strategies among many other relevant topics.
5. An eBook course on Trading and Investing in Cryptos:
CryptoMeister teaches you to use the exchanges to sell, buy and trade in Altcoins, Bitcoins etc, how to Crypto Mine, the analysis and market research involved, investing in ICOs and more through an 8-chaptered video course and its e-book when you enroll for this series of cryptos and blockchain courses.
6. ICO Investing Course 2018:
2018 is all set to transform the ICOs and crypto markets. 2017’s closing seven months saw explosive highs of crypto prices and 2018 promises many new ones. This course will teach you how to build retirement funds and invest in ICOS and quality cryptos since from the many only a few are actually successful and worth investing in.
7. The 2018 Trading Course: 
This one is also about retirement funds and cryptocurrencies with one basic difference. It was started by a trader who had no initial training and understands the value of knowing how to invest and saving yourself money spent in experimenting with disastrous results.
8. The course on Cryptocurrencies and Wallets: 
How do you keep and store your cryptos away from hackers? The course will teach you with examples of Desktop, Paper, Hardware, and Mobile wallets. Learn all about the various types of wallets, their advantages, how to create them and how to send or receive money into your secure wallet.
9. The Fundamentals course on cryptocurrencies:
This video guide and course is meant to help you quickly assimilate knowledge required for crypto markets and its trading activities. You will learn a lot about topics like types of cryptos, how they work, the differences between a coin and a token, Ethereum tokens, and all about the wallets, Monero, Bitcoin, Litecoin, Dash, Ethereum and such cryptos.
10. Australian investment cryptocurrency fundamentals:
This course is about the basics of cryptos and their storing, selling, investing, trading or buying in the Australian crypto exchanges and market. They have comprehensively covered modules on the foundational blockchain technology along with all topics pertaining to cryptos in Australia.
Conclusion:
To trade in cryptocurrencies it is essential to do blockchain courses and understand the underpinnings of the crypto world. While training is best acquired at classroom courses of reputed institutions like Imarticus Learning there are also several routes as mentioned above. The course at Imarticus scores not only because they comprehensively teach you all about the cryptocurrency markets, but because they offer you soft-skills training to make you career-ready. So, hurry and enroll at Imarticus today!

What Are The Career Opportunity For FinTech In India In 2019?

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What Are The Career Opportunity For FinTech In India In 2019?

Fintech’s has the potential to transform disruptively each and every industry. Its main originators the crypto market and blockchain technology are active in the hiring process. For terrible market and economic conditions, career aspirants still love a career in Fintech because of its potential and the emerging governmental assistance and thrust for fintech industries.

The present fintech job market:

According to Glassdoor reports, the annual jump in recruitments for this field for August 17-18 was 300% and median salaries paid in India were above the national average salary by a considerable amount! Upwork states that for employers the most sought-after skill was blockchain technology. Even venture capitalists in 2018 have boosted their investments 280% in blockchain industries.

All these statistics are excellent for those who are interested in making their fintech career. Of course, finding the right stable job involves doing Fintech courses / Fintech training to develop your skills, researching jobs, training for interviews and much, much more. It is still worth it at the moment.

So, let us quickly look at what jobs are being the leaders for recruitments.

The top draw fintech areas:

The fintech industries have shown tremendous success in the following verticals.

  • Education and banking segment
  • Advisories
  • Startups and accelerators
  • Logistics, marketing and supply chains
  • Real Estate
  • Sports, insurance, and healthcare
  • Entertainment and media
  • Other verticals: Law, crowd-funding, retail, e-commerce, investment platforms, cryptos, and more fintech startups are also recruiting.

The best job roles:

According to Glassdoor reports, youngsters will find the top US fintech careers in job roles needing an agile approach, seamless role adaptability, ability to work with startup limitations in resources and excellent multi-tasking skills. Marketing and sales, mobile-only apps, content writers, UI/UX and graphic designers, cloud management experts, product engineers, etc are also popular in-demand job roles typical of the fintech industry.

1. Software Engineer: The payouts are in the range of90,000-145,000 USD and in the US Blockstack, Chronicled and Axuall is recruiting.

2. Technology Architect: Companies like Bank of America, Amazon/AWS and the State of Colorado are hiring with payouts ranging from 100,000-160,000USD

3. Product Manager: The salaries can run from85,000-130,000 USD at companies like JP Morgan Chase, Cynet Corp, and Mediaocean.

4. Risk Analyst: These can get paid salaries from 85,000-105,000 USD and can find recruitments in Bank of America, Electric Power Research Institute, Veem, and such companies.

5. Analyst Relations Manager: The job fetches a median salary of 50,000-125,000 USD at companies like IBM, R3 or Accenture.

6. Front End Engineer: These can get paid between 70,000-125,000USD at companies like Binance, Gem, and Ford Motor Co.

7. Legal Counsel: These jobs pay100,000-190,000 USD at recruiting companies like Consensys, Figure, and BitGo.

8. Business Analyst: The payouts here are80,000-105,000 USD at hiring firms like NuArca, Bittrex, and IBM.

The required skills:

The trending tools, languages and technological suites required for a Fintech career today are

  • C Suite languages like C and C#
  • Python suite languages
  • Java Suite languages including Java, JavaScript ES6, JSON, js and Javascript.
  • Simplicity, Serpent, Solidity, Go, Rust and such languages.
  • SQL and NoSQL
  • HyperLedger Fabric.

Among the soft attributes required you must include

  • Innovation and creative thinking: These attributes are important in every evolving field where standard practices and technologies may not always be available. Remember to simplify attitudes and think afresh.
  • Intent, dedication, and passion: Understanding the intent of technology helps achieve the results for a better experience for clients who have a passion for new technologies. These attributes are a must with dollops of dedication thrown in.
  • The will to learn and humility: Emerging technologies and companies may be unstable. The will to learn helps build humility and the ability to take things in your stride in spite of hurdles.
  • Team spirit and communication skills: These attributes are non-negotiable for lean teams who are cross-functional and use Agile practices.

Basically, one must believe in the job and contribute to the company’s growth using the jumble-box of attributes and all skill sets mentioned above.

Key Takeaways:

High demand for professionals with certifications from Fintech courses makes fintech an excellent career choice. The industry needs professional accountants, managers, analysts, developers, programmers and such to grow and realize its potential.

At Imarticus Learning, you can quickly and easily pick up the practical skills required. Coupled with assured placements and certification this promising technology can disrupt your career and land you a well-paying job with growth and good pay packages. Start your Imarticus course today!

What Kind of Jobs Should Young Business People Look For Blockchain Startups?

Posted on by Imarticus Learning

Blockchain technology is the emerging darling of 2018 with hopeful industries incorporating it willingly. It has the potential to transform disruptively and every industry. However, the cryptocurrency markets shed almost 79 percent of their capital and the field is dogged by regulations and legal hurdles as of now.

The present fintech job market:

For terrible market and economic conditions, youngsters still love the fintech career in the blockchain field because of its potential and the emerging thrust for fintech industries. The crypto market from where it originated seemingly has had no impact on the hiring process and scope for the blockchain segment.

According to Glassdoor reports, the annual jump in recruitments for this field for August 17-18 was 300% and median salaries paid in India were above the national average salary by a considerable amount! Upwork states that for employers the most sought-after skill was blockchain technology.

Even venture capitalists in 2018 have boosted their investments 280% in blockchain industries. All these statistics are excellent for those who are interested in making their fintech career. Of course, finding the right stable job involves doing a course to develop your skills, researching jobs and the job market, training for interviews and much, much more. It is still worth it at the moment.

So, let us quickly look at what jobs are being the leaders for recruitments.

The required skills:

The trending tools, languages and technological suites required for a fintech career today are: 

  • C Suite languages like C and C#
  • Python suite languages
  • Java Suite languages including Java, JavaScript ES6, JSON, js and Javascript.
  • Simplicity, Serpent, Solidity, Go, Rust and such languages.
  • SQL and NoSQL
  • HyperLedger Fabric

Among the soft attributes required you must include

  • Innovation and creative thinking: These attributes are important in every evolving field where standard practices and technologies may not always be available. Remember to simplify attitudes and think afresh.
  • Intent, dedication, and passion: Understanding the intent of technology helps achieve the results for a better experience for clients who have a passion for new technologies. These attributes are a must with dollops of dedication thrown in.
  • The will to learn and humility: Emerging technologies and companies may be unstable. The will to learn helps build humility and the ability to take things in your stride in spite of hurdles.
  • Team spirit and communication skills: These attributes are non-negotiable for lean teams who are cross-functional and use Agile practices.

Basically, one must believe in the job and contribute to the company’s growth using the jumble-box of attributes and all skill sets mentioned above.

The top draws:

According to Glassdoor reports, youngsters will find the top US Fintech career jobs in Blockchain firms are:

1. Software Engineer: The payouts are in the range of 90,000-145,000 USD and in the US Blockstack, Chronicled and Axuall is recruiting.

2. Technology Architect: Companies like Bank of America, Amazon/AWS and the State of Colorado are hiring with payouts ranging from 100,000-160,000 USD

3. Product Manager: The salaries can run from 85,000-130,000 USD at companies like JP Morgan Chase, Cynet Corp, and Mediaocean.

4. Risk Analyst: These can get paid salaries from 85,000-105,000 USD and can find recruitments in Bank of America, Electric Power Research Institute, Veem, and such companies.

5. Analyst Relations Manager: The job fetches a median salary of 50,000-125,000 USD at companies like IBM, R3 or Accenture.

6. Front End Engineer: These can get paid between 70,000-125,000USD at companies like Binance, Gem, and Ford Motor Co.

7. Legal Counsel: These jobs pay 100,000-190,000 USD at recruiting companies like Consensys, Figure, and BitGo.

8. Business Analyst: The payouts here are 80,000-105,000 USD at hiring firms like NuArca, Bittrex, and IBM.

9. Cryptocurrency Community Manager: The job has a median payout of 35,000-95,000 USD at companies like Zeus Protocol, Dolare and Crowdcreate.

Parting notes:

In spite of a bad start, the blockchain industries are hiring and investing in the capital of human nature. Training in blockchain technology and certifications are popular with reputed institutes like Imarticus Learning.

Whether you love coding or are just looking for jobs in the next big sector try doing a Fintech course on Blockchain technology to launch your fintech career. Put your best foot forward with them for a successful career. All the best!

Fintech Banks, All Set to Be Scrutinized Heavily by Relevant Regulators

Posted on by Imarticus Learning

Here’s when the fintech ventures tripled their global investments to 12.21billion USD. Clearly, since then the fintech industries have taken root in the revolution of digitization and blockchain technology. The early innovators accepted the challenges and the financial services industries took bold engaging steps to get them there.
Accenture reported their insights into the common themes needed for reimagining the fintech sector as openness, investment, and collaboration. Prophetic words and insights!
Cut to the present!
“Fintech banks all set to be scrutinized heavily by relevant regulators.” Is the latest shock to the growing fintech industries.
Fintech ruled the last half decade and emerged the most successful multi-billion dollar worth industry innovation in the financial world which can potentially disrupt and transform the way money is spent.
With the aim of developing faster-advanced systems for payment, the success of Fintech led to real-world banks totally powered by such innovations. Revolut, Monzo and such companies led the revolution’s success and the market was burgeoning with others who wanted to start such fintech banks and numerous applications targeted to make that possible. That’s when the ‘openness’ criterion apparently overstepped its boundaries and the regulators began taking a hard-stance in going slow with the green-light for such banks. Currently, their scrutiny is pretty stringent with the ultimate goal of ensuring fintech banks unscrupulous few do not cheat their customers.
Openness:
Transparency, customer trust, and openness are the core of the revolution where fintech innovation, digital technology and a lot of money is invested. Large organizations have the resources and knowledge capital to engage with such revolutionary technologically innovative solutions and change their culture and organizational structure to scale profitability very rapidly. They invest their assets, intellectual properties, and skilled resources to open up newer areas of services and products where customers are invested.
When the banks and financial services sectors grow explosively there are many who jump onto the bandwagon to unscrupulously make a profit at the expense of the customers. Scrutiny, regulation and heightened awareness is thus natural, essential and should be mandatorily undertaken. The PRA- Prudential Regulatory Authorities has rightly clamped down to take the necessary measures. The yearly approved proposals till Feb 2019 were just 4 compared to 12 licensed proposals in the previous year!
Investment:
Innovation, industrial growth and the promotion of financial systems never grow in isolation. Venture investing, capital markets and such are also invested in such fintech banks and industries. More than ever, the present trend is to focus on the immensely popular and profitable fintech innovations and even governments are not far behind in offering sops to the growing industry.
The decrease in the fintech banks approvals makes it very clear that the PRA means business. James Borley of PRA was quick to clarify that this was not a rap on the knuckles of an industry that is booming. Rather the stringent scrutiny measures are meant to ensure the dubious proposals stay out and transparency and openness encouraged while protecting the investors.
Collaboration:
The platform of fintech is a unique example of collaboration between two areas where traditionally there was none. Technology and finance both traditionally collaborated and shared process within their own areas. Fintech effectively opened up the rush for all industries to collaboratively partner in the quest for newer ideas, market opportunities, reduced costs, and increased value. With the PRA’s action collaboration will now have to be more effective, across diverse industries and outlooks to ensure value generation.
According to the PRA, they are encouraging increased inter-bank competition and will encourage the new bank players with a careful eye on scrutiny measures. The PRA challenges to approval can be easily gotten over with being prepared for ensuring the process does score on openness, transparency and investment protection.
Embracing scrutiny on all the above counts can create the foundation to disrupt their business models. By active participation, they do not need to sideline their core models for challenger non-core models where they could be relegated to the sidelines.
Concluding notes:
It is definitely going to be uphill to get fintech bank approvals from the PRA watchdogs. The very pace and rate of fintech disruption have meant that banks have altered their models to introduce new-age banking and a bouquet of services. Newer banks and services mean a boom in the need for trained professionals, training and better use of data analytics and customer insight.
If you are interested in a Fintech Career try the Imarticus Learning Academy who believes heightened scrutiny always makes better fintech banks.