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Tag: fintech courses in India

Career Paths for Cryptocurrency Enthusiasts

Posted on by Imarticus Learning

Cryptocurrency investments have increased over the past few years. Nowadays, people want to learn about cryptocurrency and invest even more. Cryptocurrency is based on machine learning and algorithms that software developers maintain and develop. There are multiple entrepreneurship and career opportunities revolving around this ever-growing industry.

What is the Best Career Path for Cryptocurrency Enthusiasts?

Cryptocurrency enthusiasts can opt for various careers and even change streams. After completing a cryptocurrency course, aspirants can find jobs in the following fields.

  1. Financial Analysis

Financial analysts analyze current and historical data based on cryptocurrencies. The insights generated from these analyses help people understand where they should invest. Financial analysts also provide investment strategies to clients. They also evaluate risks and assess the economical, social and political climate to find out the correct value of cryptocurrencies. To become a financial analyst, candidates need to have a professional certification in FinTech or an MBA with specialization in FinTech or new-age finance.

  1. Security Engineering

Cryptocurrency companies need to protect all assets from third-party attacks. Therefore, they spend significant resources on ensuring the use of the best security measures available. Security engineers can develop the necessary systems that will protect the company’s as well as the clients’ data and all digital assets. Candidates who have a degree in computer science are usually eligible and some companies might ask for certain specializations.

  1. Crypto Content Creation/Writing

Potential investors need to understand what cryptocurrency is and how beneficial it can be. Only then will they invest in it. Crypto content creators or writers provide detailed information related to cryptocurrency platforms, trends, use, Blockchain technology.

To become a crypto content creator or writer, candidates need to have a complete understanding of what cryptocurrency is. They should know their topics well and create unique content. The delivery of the content should be apt as well. The target audience needs to stay interested in the content. The content is responsible for investors finding the idea of investing in cryptocurrency more lucrative.

  1. Software Development

For cryptocurrency to stay relevant, software developers are essential. Software developers develop algorithms and use machine learning to create interactive interfaces. They also improve the security aspects of cryptocurrency platforms. In developing easily accessible platforms and interfaces, cryptocurrency companies are able to connect better with their potential clients and find more investors. To become a software developer and work with cryptocurrencies, aspirants need to have a master’s degree in a related field. They should also have adequate knowledge about natural language processing and data structures.

  1. Business Development

Even though cryptocurrency has seen growth in recent times, companies that deal with cryptocurrency and Blockchain still need to be developed. These companies require business developers who understand the condition and value of cryptocurrencies across industries. They should also be able to create channels for cryptocurrency use in sectors like healthcare, tourism, and retail, among others. Business developers working with cryptocurrency companies assess the market conditions and set up partnerships that are beneficial in the long run.

How Can a FinTech Course Help Cryptocurrency Enthusiasts?

The advancement of cryptocurrency is centered around the financial sector and how it is perceived by investors. Therefore a FinTech course can definitely help. Imarticus Learning has FinTech courses where students can learn the use of current technologies like Cloud Computing and Blockchain.

Professional certification in FinTech from Imarticus Learning can help a student understand the industry and learn how cryptocurrency is relevant to the implementation of FinTech.

best Fintech certification courses in IndiaThe program is in partnership with industry giants and this allows students to create essential contacts. Students will also get FinTech community access and work on 6 real-world projects. They can base these projects on cryptocurrency and develop a holistic approach towards the subject.

Nowadays, FinTech has a huge scope and since people are responding well to cryptocurrency, it is also a great career opportunity. Students who have an interest in finance and are enthusiastic about crypto can choose Imarticus Learning’s course to further their careers.

Artificial Intelligence in Fintech: Understanding Robo-advisors Adoption Among Customers

Posted on by Imarticus Learning

The influence of Artificial Intelligence (AI) and its application in various industries have brought about a positive outlook on how operations are done in many sectors. In direct contrast to traditional methods, AI is making processes more smooth, beneficial to businesses by reducing overhead costs on labor and human error.

AI in financial technology (Fintech) has also seen vast applications and not just in banking and financial management but also in catering to the advisory portion of it. With AI in the mix, Fintech companies can now offer customers 24/7 support along with and reduce operational fees levied for their services.

Fintech Courses in India

Fintech isn’t just for financial institutions but also for businesses that employ financial services as part of their operations. Thus, despite the field of operations, fintech is useful in all businesses to make the process automated and smooth. Thus, many fintech startups are seeing rapid growth in the field.

Fintech courses in India have seen great exposure as the applications of this course don’t just stop at giving businesses backend solutions but also make customer-facing services smoother. Wealth management, better banking and investment management services, and more, this field has financial technology courses that give students a chance to get into great positions in the field.

Some of the courses that rank high in India include:

  • Data Science Analysis
  • Data Science Visualization
  • Artificial Intelligence in Fintech
  • Machine Learning in Fintech
  • Wealthtech
  • Robo-advisors and their applications
  • Cyber Security and more

Adoption of Robo-Advisors Among Customers

The scope of this financial technology course studies the application and adoption of Robo-advisors in the banking and investment sector. Businesses including financial institutions save a lot of costs involved in manpower and support by adopting Robo-advisors in their business to deal with customer-facing queries.

With this course, you understand the challenges involved in AI in financial services, the history of Robo-advisors and customer feedback on them, and measures involved in the successful implementation of Robo-advisors for business.

As with any new innovation, customers and even businesses are slow to adapt and test the use case of Robo-advisors. However, the course is aimed at understanding user behavior and how to overcome traditional beliefs involved in its implementation.

Careers in Fintech

There is no doubt that fintech has brought about a huge change in financial services. It is not just about the digitalization of banking and investment services but also includes cryptocurrencies, blockchain management, and more.

The prospects of a career in fintech have high demand. Fintech is the upcoming innovation that has led many financial products and their management smoother and more profitable for businesses. Entry into one of the fintech companies requires a course or a degree in financial technology and the knowledge of AI, machine learning, and its applications.

As a fintech student, you can push your career path as a data analyst, blockchain developer, cybersecurity specialist, mobile app development, and other positions. Many organizations are looking forward to hiring candidates with the right skills to help them develop the necessary IT infrastructure or monitor and analyze data secured by AI functions.

Working in a fintech company has a lot of benefits as AI in finance is a disruptive force taking over several operations in the financial sector. It can soon replace many traditional methods of banking, investment, and handling financial services. The growth in your career and the monetary benefits are worth pursuing a course in fintech.

What Is Fintech & How Has It Evolved In India?

Posted on by Imarticus Learning

With the urge to keep ahead of the competition and adapt on a constant basis, Finance specialists that can manage disruptive technology are in higher demand. Fintech occupations are arising to assist the sector in reaching new heights and bringing about organizational change.

What Is Fintech?

The words “financial” and “technology” are combined to form the term “fintech”, which refers to any company that employs technology to improve or automate financial services and operations. The word refers to a large and quickly expanding industry that caters to both consumers and companies.

Fintech offers a wide range of uses, from mobile banking and insurance to cryptocurrencies and investment apps.

The Evolving Fintech Landscape In India

The financial services business is undergoing a massive upheaval, fueled by cutting-edge technologies like artificial intelligence, cloud computing, mobile computing, and so on.

Many new Fintech firms have disrupted the traditional financial services market over the last decade by utilizing new technologies and providing tailored, value-added, and on-time services to customers. Candidates with the necessary skill sets and awareness of how emerging technologies might be implemented in the financial services business are in high demand.

Explore A Career In Fintech

Individuals that understand how Fintech has transformed our knowledge of finance are needed in the financial services industry, both for back-end business solutions and customer-facing or front-end applications.

Artificial intelligence is being used by these banking services to handle low-energy financial assistance so that human capital can be used for more in-depth duties. Your knowledge of Fintech can help business owners comprehend what’s possible and how to succeed in this new era.

Your career requires the SP Jain FinTech courses online. The most outstanding and most comprehensive FinTech education available, designed to help you advance your career.

How To Start My Career In Fintech

Fintech course in IndiaTo work in this dynamic field, an ambitious Fintech expert can take several different paths. The Professional Certification In FinTech, developed by SP Jain School Of Global Management and Imarticus Learning, is Asia’s one of the best FinTech courses online.

Hands-on training from industry professionals, real-world case studies, projects utilizing technologies like Cloud Computing, and meaningful interactions with FinTech industry leaders and entrepreneurs are all part of this course.

The Professional Certification in FinTech is a first-of-its-kind and is one of the FinTech courses in India that will give you in-depth exposure to important FinTech domain aspects.

Highlights of the program:

  • Unique Fintech Pedagogy
  • industry-supported Program
  • Alumni Status of S P Jain
  • Access to the Fintech Community

What Makes the Imarticus Course Unique?

You get to work on a practical group project and a transparent case study-based examination that evaluates your FinTech knowledge and application in practical decision-making to ensure you’re ready for a full-time career in FinTech as part of your mandatory certification requirements.

  • Project: a paradigm shift
  • CXO level decision making

Take Away

The fintech sector is booming. This field is still being transformed by innovation, and it will continue to do so for the foreseeable future.

Fintech courses in India will assist you in gaining a better understanding of current technologies to obtain in-demand financial and technological skills.

How To Empower Your Applied FinTech Knowledge Like Never Before?

Posted on by Imarticus Learning

Introduction

Building a career in Fintech can be done if the efforts are integrated towards one direction. The Fintech industry uses finance and technology to bring about a financial revolution in the traditional ways. Financial Technology that is popularly known as Fintech has taken off pretty well in recent years.

Three core trends that have led to this disruption

Several factors have led to the emergence of Fintech globally. If you want to build a career in Fintech, you need to understand how these factors have contributed to the growth of Fintech. Some Fintech courses in India will give you an in-depth understanding of these three essential factors:

Equity in Investment BankingTechnology: If you are opt-in for Fintech courses online, you will know that the driving force of the concept is technology. With the help of technology, Fintech companies run several complex operations on different platforms.

Customers: Customers have become a driving force in the Fintech Industry. The expectations of a typical consumer have increased for banking services. With Fintech, consumers feel a lot more empowered and are harness.

Regulation: After the 2008 crisis, banks have become stricter on compliances. Therefore, several apps have into the picture that has made regulation easy and have given rise to several Fintech companies.

You can take up several Fintech courses online to understand how the Fintech industry has pivoted recently.

Application of Fintech

FinTech is known to have several applications. You can use your knowledge to improve several aspects of the economy. Some of these application areas are:

Providing better services: FinTech has brought about the necessary automation in banking services. Consumers now find it extremely easy to avail all kinds of monetary and banking services.

Better Branding: The integration of Fintech with other divisions of a brand has brought in a refreshing appeal to several brands. Large companies are now bringing Fintech to active use and are progressing at an exponential speed.

Cost-saving: With the integration of technology, the costs will eventually come down for companies. The activity which involved several men earlier can now be taken care of by a few people handling the technology.

You can take up several courses online to understand the applicability of the Fintech knowledge.

Future of Fintech

Fintech online courses in IndiaThe Fintech industry has been one of the most disruptive and transformative industries that the 21st century has seen. However, this is just the start. The industry has a long way to go. Fintech will find use in industries that are currently untouched.

More start-ups will evolve in the country to make several financial transactions easier. The application of Fintech can only bring about this change.

 Conclusion

With the growing popularity of the industry, now is the best time to upskill yourself. You can take up any course on Fintech under ‘Fintech courses India’ on the Imarticus website. The company offers courses on providing Fintech solutions and every other aspect of the fintech industry. The company allows you to pick a course where you can learn at your own pace.

Career Opportunities in Blockchain And Skills Required To Increase Job Prospects!

Posted on by Imarticus Learning

In today’s time, blockchain technology is one of the fastest-developing skill sets, with career opportunities in this domain growing at a breathtaking rate.

In fact, a whopping 30% of the finance companies are expected to incorporate blockchain technologies into their strategy by the end of 2020. With this, the demand for blockchain developers has skyrocketed. And it was reported that Blockchain was the fastest-growing skill, with about 3,500% year-over-year growth in 2018.

So, if you have great server-side programming skills with good analytical skills, then the Blockchain Developer’s job role is for you. However, it is important that you acquire skills that set you apart & make an employer want to entrust you with their investment. 

Blockchain coursesRead on to see how you can increase your job prospects in this fastest-growing industry. But before you see how to become a blockchain developer, let’s take a quick look at what blockchain training is & how does Blockchain work. 

What is blockchain technology & how it works

A blockchain is essentially a digital transactions ledger that is duplicated & distributed across the entire network of computer systems on the Blockchain. This system is difficult or impossible to change, hack, or cheat. Each block in the chain contains a certain number of transactions, and every time a new transaction occurs on this Blockchain, a record of that transaction gets added to every participant’s ledger.

The decentralized database on this Blockchain is managed by multiple participants is known as Distributed Ledger Technology (DLT). This implies that even if one block in one chain was changed, it would be immediately apparent that it had been tampered with. 

Blockchain Developer: The Job prospects

Blockchain development is one of the most marketable career paths today as people are eager to realize all the benefits of Blockchain. So, if you have great skills for server-side programming along with good analytical skills, then this job role is for you. 

Blockchain CoursesA blockchain developer course with the expertise helps companies explore Blockchain platforms that are high in-demand. For this job role, your need to have absolute attention to detail as it is a high-ranking position.

As a blockchain developer, you’ll need to understand the end-to-end systems of Blockchain application, how to set up nodes, proceed with Blockchain transactions & submit them, and trigger Smart Contract functions.

Responsibilities of a blockchain developer include:

  • Using programming languages such as C, C++, C#, Python, Go, Node.js, Java & JavaScript
  • Implementing UI/UX design concepts for defining the customer experience
  • Employing Ethereum & Hyperledger tools
  • Designing, building & launching the blockchain technology as per your business models & their requirements
  • Applying expertise in algorithms, data security, P2P networks & cryptography

Key skills required for a blockchain developer’s position

  • Knowledge of various aspects of cryptography
  • Familiarity with all the aspects of smart contracts
  • Extensive knowledge of data structures
  • Familiarity with blockchain architecture
  • Knowledge of all the aspects of web development

Increase your Job Prospect with a Certified Course

Understanding the potential of this rapidly evolving blockchain technology & the need for new-age careers, Imarticus offers certified various Fintech courses. If you want to increase your job prospect & further your career as a blockchain developer, getting a certified degree could be your best option.

An advanced degree with this specialization at Imarticus Learning will add credibility to your profile and position you as an efficient professional. Stay ahead of the curve in today’s technological world with a certified course at Imarticus and have a rewarding career!

How To Prepare For a Fintech Interview?

Posted on by Imarticus Learning

If you are wondering how to prepare for the FinTech job interview, don’t worry! Everyone is nervous when they have to attend interviews. Firstly, start with your revision and preparedness for the job.

One of the swiftest ways to be well-prepared, if you are a senior professional is to enroll for a Professional Fintech Certification or if you are just entering the world of management then enroll for MBA in Fintech

One of the swiftest ways to be well-prepared is to do a fintech course at Imarticus Learning. They include a curriculum that is well-designed and covers all topics needed while providing you additional training for soft skill development, resume writing, mock interviews, and assured placements. One can’t ask for more. Right?

Let’s peek into the broad areas required to conquer those butterflies in your stomach. Preparing answers under the following subheads will help give you a good start.

A. Questions on your background in technology.

Expect questions like 

  1. What technical experience do you have in the fintech industry?
    2. What is your favorite app and why?
    3. What are your negatives in the IT field?

These general questions are aimed at checking out your skillset, background, IT experience, and relevance of your experience to the scope of fintech in the recruiting organization. Your answers should be what is in your resume, straight forward, and highlight any specialization or work experience that is of value to the organization.

The weaknesses and knowledge gaps are meant to be justified and not lied about. Remember that when you claim to have the experience, they will definitely revert to it in subtle questions that follow.

B. What are your motivators and interests?

Here you can expect questions like

  1. What fintech technologies interest you and how would you apply them?
    2. How will you use the smartphone to improve your business?
    3. Explain how you can be the game-changer in our technology development and how it would improve our business.

The interviewer here is probing the financial knowledge and its linkages to your technical knowledge, experience, and interests. Link your answers to areas of interest to the recruiting company, your tech- passions and attempt to put a figure on the value added to sweeten the answer.

A good understanding of the technology used, business use of IT, and sound financial skills make you a desirable potential recruit. Be innovative and include some research for fresh ideas in the recruiting company’s areas of interest.

C. Your last job:

You will be probed with questions like: 

  1. What project were you recently working on?
    2.Which of your projects are you proud of and why?
    3. Tell us how you applied your knowledge to the project and what was your contribution to it?

This is not the time to wax eloquent about all your projects. This is your chance to show you can use your skills innovatively and bring fresh ideas to the table. The purpose of your work, its practical implementation value, your contributions, and how you enhanced project value is what they are looking for. Rather than technical jargon try to show you understand the purpose and end-user impacts.

D. Your fintech awareness:

It’s time for questions like:

  1. What’s do you think of the government’s policy on fintech?
    2. What would you do to improve our website or IT?
    3. How would you tackle the competition in the market for our product?

Recent developments and staying up to date is are what most employers desire of you. Stay abreast of the latest fintech developments, projects, and news. Don’t repeat facts and figures. Rather add value by giving your insights.

E. Your ability to solve problems innovatively:

The questions here are real tests and can be perplexing at times.

  1. Is 3,599 a prime number?
    2. What will you do if you were asked to overhaul our customer support division?
    3. What is your take on using Agile in our organization?

There will be some questions that may not actually seem relevant and are like brain-teasers. It is your approach and justification that matters. There may not even be the right answer to all questions asked. Don’t panic and think of a reasonable way to solve the question posed.

Conclusion:
A fintech career is literal jugglery of multiple domains within the scope of fintech like finance and technology, soft skills, intent, dedication, and a good personality. Especially for first-timers, the fintech interviews are stressful. Don’t worry about failure. But, do think of Plan-B in case that happens.

At Imarticus Learning, the methodology is to practically train you as a generalist on all the above tasks and includes resume-writing, personality development, and interview-training modules leading to assured placements.

Their Fintech courses are widely accepted in industry circles as a skill-endorsement and being job-ready. So, why wait? Enroll today.

What is Job Description to Work in Fintech and What Are The Skills Required?

Posted on by Imarticus Learning

One of the latest and fast-growing sectors is the fintech industry. Fintech means a combination of finance and technology. Ideally, this combination has set high standards in the field of employment as the need for upscale finance, and technological intelligence is undeniably high.

There is a place for people with different expertise in the field of finance and technology together, and the job description is as under: 

The core positions in fintech require people who have expertise in technology. Someone who is well-versed with Artificial Programming Interface has a better future in fintech. Developers of operating systems like Android and IOS have the opportunity to be app developers for fintech companies.

People who have enhanced their skills with User Interface also have jobs in fintech where they may need to develop a user-friendly and intuitive online banking experience for users. Such tasks are highly challenging and competitive in the fintech sector.

Customer support is also a need for the fintech sector, which requires people with good language proficiency and patience to handle thousands of customers per day. Online customer service can be made more compromisingly by joining as customer support to manage the chatbots online.

Product managers who can efficiently understand the need of the customers are essential skills for Fintech firms to stay disruptive.

Certain skills required in the Fintech sector
Fintech firms recruit people with skills such as Java. Without the knowledge of Java developers in investment banking will have no meaning. Java is the most preferred skill, J2EE is also needed for various tasks in a bank.

If you are interested in working in banking technology then learning Java is mandatory. Joining various Fintech Certification Courses will also help you enhance your skills and knowledge of the latest technology and financial disciplines.

One of the topmost desired skills is to be a business analyst. Banks are looking to implement new projects with new dimensions and strategies to reach out to more customers. Business analysts in the fintech sector can earn well if they have the future vision and understanding of tech projects. Business analysts should have different soft skills like the ability to see the disruption behind the potential investment of the firm and so on.

Being equipped with the knowledge of C sharp is quintessential for partnering with the developers in banking technology. Python is the latest skill that has made its mark in fintech. Python has become the mainstream for various projects in the financial sector of fintech.

Good communication is vital to stay in the fintech firms as you may have to show your communication skills both internally and externally. Having the skills of problem-solving during crises and the ability to build team spirits are characterized as the essential skills for every fintech job.

Conclusion

The Fintech sector has different career options and opportunities to explore. The flourishing fintech sector does not end opportunities for people in the banking sector. The members of fintech firms are usually agile and work as a cross-functional team instead of a traditional hierarchy of the business.

How To Get Certified in Blockchain Technology?

Posted on by Imarticus Learning

How To Get Certified in Blockchain Technology?

Emerging tech blockchain is the star today in many industries. Due to the high demand for professionals who know blockchain, it is a good idea to get trained and certified in blockchain. A few years ago, jobs in the financial market were limited to the traditional set-ups of the organisation. You could be a banker but not a technologist. Today, the digital revolution has created an abundance of jobs of different kinds across various industries.

Programmers who are trained in artificial intelligence, machine learning and blockchain technology are in high demand. This is strictly not restricted only to tech companies. Many organisations are investing to have their employees trained in fintech as they can prepare their workforce for the future.
Blockchain has applications across industries apart from banking and fintech. Healthcare industry uses blockchain to manage patient records, similarly retail uses blockchain for supply chain management. It has revolutionized many industries and is a game changer.
So, what is blockchain? The blockchain is simply a block of transactions that are assembled in a chain. Usually, every block is a transaction, and it is validated with a time-stamp. It is near impossible to tamper with this digital ledger. It also reduces human error and leaves the data immutable.
Here are a few things you should know if you are planning to get certified in blockchain technology.
Only engineers can certify
 Emerging tech is easy to learn, and you do not need to have a qualification in engineering to pursue a course in the same. While it takes focus and discipline to do a fintech certification course, it is not impossible if you do not have a traditional engineering background. Many learning institutions offer professional certification online for blockchain, AI and machine learning without any pre-requisites.
Jobs are restricted
 Due to digitisation, every organisation irrespective of the industry has adopted blockchain. As the application of the framework is simple, it has wide benefits across administrative, logistical spaces. The blockchain is a digital ledger that keeps track of all transactions and payments. Therefore, the traditional role of a ledger and bookkeeper has now moved to those who maintain this in a bank. Job opportunities are plenty and lucrative for those who are trained in blockchain.
Blockchain is illegal
Blockchain is neither free nor illegal. Technology is the backbone of digital transactions, and thereby there is a fear that it is not secure and illegal. However, most banks today are using blockchain to maintain a decentralized database of the ledger and for applications in customer management and database management. Getting certified in one of the biggest technology trends in the world is a good idea from an employability perspective.
Today many companies are quickly adopting emerging tech such as blockchain. This creates a vast amount of opportunity for those who are skilled in managing the technology to derive insights which help businesses make strategic decisions. An ascending career trajectory is guaranteed for those who are certified professionals.

Which Courses To Take If You Are Considering Fintech as a Career Option?

Posted on by Imarticus Learning

 

Which Courses To Take If You Are Considering Fintech as a Career Option?

Fintech is the morphing of Technology and Finance. The emergence of this sector has seen a revolution in the way financial transactions are being made. Blockchain technology which spurred the growth of the fintech industry is today adopted in almost every conceivable sphere of activity. Fintech combines the offering of financial solutions through the use of innovative technology like the blockchain, IoT, AI, and AR among many others.

Fintech is truly an innovation of a disruption in startups. It has brought to us Crowdfunding, Cryptocurrencies, New-age modern banks, Money Management Tools, and Lending Services Peer-To-Peer, amongst others. With such growth obviously the sector needs people who can help it grow. Demand has gone through the roof and supply is hard to find. Yes, this means payouts and salaries are high. No wonder everyone wants to join the fintech sector. 

Consider a career in Fintech
Certification in Fintech is an excellent idea as the industry is new and demand is high. The certification validates your skills and experiences to dive into the fintech world. For earning such certification, you will need to take up a good course like the Imarticus’ Fintech Pro degree. 

The Fintech courses offer a good grasp of basics, concepts, theoretical knowledge, practical skills and certifications that could help enhance your resume and career. They also offer boot camps, short term workshops, and knowledge valuable to enter the industry. Another advantage in such a course is of mentoring by certified and experienced industry aces that helps garner the latest best practices, techniques, skills, and practice on the latest trending technologies in the Fintech industry.

While certification helps you become an excellent communicator and work diligently to acquire the best analytical and business skills. You will need a basic degree in technology, finance or Management. Besides, technical skills in DevOps, IoT, Python, Machine Learning, Big Data, and Hadoop will definitely help.

Where the jobs are:
The Fintech industry badly needs personnel in
• Blockchain Technology
• Digital Payments
• Big Data handling
• Digital Wealth Management
• Analytics Solutions

Job roles available and in demand are for: 
• Project Managers
• Data management experts
• Sales
• HR
• Financial experts in various fields like equity funding, debt capital markets etc.

Non-transferable skills will need to be developed and aligned with the enterprise’s needs. You must have the following traits.
1. Interpersonal Communication skills
2. Ability to solve problems creatively.
3. Collaborative team skills
4. Ability to work with ambiguity, pressure, and demands from the startup environment.
5. Discipline and integrity since you will be working on financial transactions.
6. A good learner as there may be no SOPs.

Payouts: Definite standards in payouts are not present as of now. However, consider the fact that it is an emerging and rapidly developing sector. Demand for personnel drives larger payouts and growth of your career. According to reports on Glassdoor, the payments are very appreciative and second to very few.

Wrapping up:

The millennial babies will find excellent demand for them in the Fintech industries as digitized payments, services and technologies ensure an undying job market in the software, analytics, Machine Learning, Financial markets and services for the Fintech industry. Be prepared. Careers never happen by chance. They result from your choice!

Are Fintechs Really An Enabler For The Traditional Banks

Posted on by Imarticus Learning

Fintech or Financial Technology is the new branch of technology that aims to improve and automate the delivery of financial services. In the beginning, Fintech was employed for the back-end applications of the financial institutes. But, since then, the technology has taken a diversion towards the consumer-oriented services. Fintech is expected to change the face of the banking sector in the next two decades.
Whenever a new technology is introduced, a battle for the market domain is typical between the old guards and new entrants. The story is not different for Fintech. So many organisations are out there with an opinion that Fintech is going to make a negative impact on the traditional banking services. This article discusses how the Fintech is going to act as an enabler to the traditional banks rather than being a challenge.
The Technological Challenges: Past and Present
In the past, the financial institution has proven to be slow towards the innovation. Yet, showing great resilience towards the challenges in the past. More than 450 attackers such as digital currencies, networks, wallets etc. attempted to challenge the traditional institutes in earlier days. Fewer than 5 of them have survived to the date. Other than PayPal no one has really disrupted the banks.
But the time has changed. The modern markets and new generation banking customers are promoting the new age financial services. Various reports are suggesting that millennials are more faithful towards the Fintech companies than the traditional banks. The expectations of customers are on the rise, and it is favouring the Fintech companies. With the evolution of the digital economy, the rise is expected to continue.
In short, the transformative forces are seemingly unstoppable with the current social environments. The traditional banks need to elevate their digital experience to survive. However, a complete one-on-one competition between traditional banks and Fintech companies is not going to take place.
The Collaboration
The progress brought by the Fintech courses presents large opportunities for the traditional banking institutes. Rather than disrupting each other, a collaborative movement can benefit both banks and Fintech companies. Following are the few important ways how Fintech can be used to improve the banking services.

  • Reduced operational costs – The efficiency of staff and other elements can be increased through Fintech thereby reducing the operating cost.
  • Expansion – The limitations of the legacy systems can be overcome through the Fintech. This competitive advantage can be used to expand the organisation into foreign markets and new customer segments.
  • Revenue Growth – The Fintech can be used to scale the less capital-intensive business such as insurance and wealth management.

The Fintech also needs these collaborations to succeed. The regulatory challenges and difficulties with scaling the customer base are a great barrier for Fintech companies to overcome. Many researchers believe a “better together” policy is going to profit both players rather than a stealing business strategy.
Clearly, the young generation of banking customers is in need of a better digital experience. It has led the traditional banks to collaborate with these Fintech companies. With banking giants recognizing the potential of this new branch of technology, the demand for well-equipped experts is expected to reach new heights. You can prepare for this lucrative opportunity ahead through various Fintech courses available.