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Tag: fintech courses

Blockchain and FinTech: Career Opportunity or Threat?

Posted on by Imarticus Learning

The industry of financial services is one that has expanded at an exponential rate over the past couple of years and by the looks of it, it doesn’t look like its growth is going to slow down any time soon. With the establishment and growth of mobile payment, cryptocurrencies as well as online banking, a question that is largely being asked is whether digital systems such as these pose a threat to us while we go about our daily businesses.

There is an element of uncertainty to any revolutionary idea and FinTech is no different. FinTech has been finding a place in industries and organizations belonging to a variety of sectors, reaching almost all areas thus inspiring further change as well as innovation within it.

However, it is important to be careful and take measures to diminish the potential for this technology to be utilised as a tool for malpractice.

The inadequate performance of banks is among the several reasons contributing to the growth and popularity of FinTech. Banks seem to be having difficulty in gaining their cost of capital and thus are looking for newer business models as an aid. In order to remain competitive, banks are looking for various strategies that will help them evolve.

Fintech Career

Banks need to slowly start coming to terms with FinTech technology as well as its potential to start operating over a large number of sectors, thus not being limited to just financial services. An issue that is being posed at present is the development and use of blockchain technology.

The technology meets all the vital requirements for durable media, thus guaranteeing integrity as well as the confidentiality of the various documents sent to the client. This increases its appeal for potential use by banks. Customer empowerment is another key factor in the development of FinTech.

Advantages of FinTech

There are several advantages that FinTech provides its users with. FinTech improves efficiency, is faster and provides an improved experience in general for its clients as well as end-users. People do not have to be at the mercy of banks in dealing with various international payments as well as transactions.

Fintech CareerFinTech provides its users with an ability to perform all their important financial operations through their smart-phones or computers and these are processed in a matter of seconds.

Risks Posed By FinTech

Even though FinTech is advantageous in a large number of ways, like any other technology, FinTech also poses a few risks in its use. The first concern when talking about FinTech is the various risks posed by third-party services like cloud vendors. There is a level of operational risk posed by a third-party governance system.

Procyclicality is a possible risk which could come out of a number of sources and lead to various systematic risks. This becomes very important particularly when there is a high number or concentration in a platform or a market segment.

Another thing that may pose as a concern is various cross-border legal issues and various other regulatory issues which would need to be taken into account as well. When it comes to computation of big data and algorithm complexity, the lack of clarity makes regulatory disclosures all the more challenging.

Cyber risk is the most obvious threat that people worry about when it comes to any technology. The more we move towards digitalizing our world, the more we need to ensure that everything is up to date and mitigate security risks.

A career in FinTech right now is the smartest choice to make. FinTech courses would help in equipping with information and details required to succeed in this field. It is important to learn blockchain before stepping foot into the world of FinTech.

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!

How Blockchain Can Help To Aviation Industry’s Services?

Posted on by Imarticus Learning

The modern airline industry has advanced quite a lot in the past few years, and yet there are some drawbacks in the industry that need to be fixed before it can realize its true potential. One such area of optimization and improvement in the airline industry is data collection.

Today the airline industry collects data on its planes through the use of 40 or more systems, and each of these are stored in different locations, owing to which there is no central database through which the entire flight system can be managed at the same time. This process of data collection not only leads to mismanagement but also a huge cost incurred due to the maintenance of multiple systems, sometimes by competitors in the same industry.

A Decentralized Management System 

The use of blockchain technology in the airline industry can prove to be beneficial and helpful across many different sectors. For example, at present, when a plane is serviced or repaired, multiple systems capture the state of the new components being installed, but often this data is not accurate.

Blockchain CareerOn the other hand, if a digital ledger is created through blockchain training, it can take a snapshot each time a component is replaced or repaired, along with the credentials of the manufacturer, assembler, and technician. Through this snapshot, a real-time clone of the component can be created, which can then be monitored to understand the overall condition of the system.

And the application of blockchain doesn’t stop here. Following the above-mentioned example, the same principle can be applied to each and every component of the airplane, thus facilitating the overall monitoring of the entire system at all points in time.

Implemented at a large scale, the application of this system can help in:

  • Significantly reducing the overall cost of maintaining airplanes and also reduce the amount of downtime due to unplanned maintenance.
  • It can significantly increase the value of planes when being sold in the secondhand market, as a clear real-time snapshot of the entire system can be shared with the buyer immediately.
  • Increasing the productivity of workers, both in maintenance as well as in manufacturing, as the overall system will work in a much more controlled, efficient, and timely manner.

Areas of Improvement

Although the larger impact of blockchain implementation on the airline industry is yet to be estimated, there are three main areas where the immediate benefits can be witnessed.

Maintenance

  • Efficiency: With the implementation of blockchain technology, the current time spent by professionals on routine maintenance and inspection will be drastically reduced.Blockchain Career
  • Defeating Duplicacy: A common issue with the airline’s spare parts industry is the fact that often buyers are duped via duplicate parts. With the implementation of blockchain, buyers can immediately compare their products to a ledger and thus confirm authenticity.

Finance

  • Increased Value in Reselling: Due to the absence of a real-time maintenance record, the price of airplanes in the secondary market is often less as the actual condition of the plane and its components cannot be correctly estimated. With blockchain technology and the creation of a real-time ledger, this issue can be immediately addressed.

Workforce

Every year, the airline industry employs hundreds and thousands of professionals around the world, and while there is a system to maintain them, a system of verification and identification is absent. With the implementation of blockchain technology, a ledger of personnel can also be included, which will assist in better monitoring and overall management.

Conclusion

The right implementation of blockchain technology can create many benefits for the global airline industry and thus if you want a blockchain career in the airlines industry now is the time to start.

Ethereum Vs. Ethereum Classic: Differences You Should Know About!

Posted on by Imarticus Learning

If you have been following the developments in cryptocurrency or planning to enrol for an Ethereum course, there is a very less chance that you have not heard about the Ethereum Vs. Ethereum Classic discourse. The hard fork that led to the creation of a new chain was a result of a huge attack on the Decentralized Autonomous Organization (DAO), a venture capital fund that was created to decentralize the cryptocurrency transactions and to automate the functions. The DAO was developed on the Ethereum platform.

This smart contract automates the cryptocurrency transactions based on a set of pre-determined conditions. Everything was working smoothly until the notorious attack on DAO happened in 2016, stealing $50 million, leaving the traders in absolute shock. Though the incident happened because of a fault in the structure of DAO, it sparked a lot of debates and eventually, resulted in a hard fork. Thus, the Ethereum was split into two branches. While the new branch retained the name Ethereum, the old one took up a new name, Ethereum Classic.

Now that you have an overview of what is what, let us look into some fundamental differences between Ethereum and Ethereum Classic.

Difference Between Ethereum and Ethereum Classic

The proposal for a hard fork sparked an ideological difference, as many people believed that the new chain challenged the fundamental idea of the Ethereum being immutable. Both Ethereum and Ethereum Classic share some functional similarities. However, there are some fundamental differences that set them apart. There are marked differences in some of the main features, but the more striking ones appear on the philosophical and moral aspects. Lets us look at the differences one by one.

Differences in Philosophy

One of the founding ideas of blockchain was that it should be immutable. This is because the supporters believe that if a blockchain allows people to make changes according to their wish, that could lead to fraud. However, the new branch, Ethereum, does not advocate that. The Ethereum community members believed that a hard fork is necessary to serve justice.  Ethereum devalued the stolen tokens and refunded those who had invested in those Ethers.

Differences in Value

Ethereum values almost 15 times than the Ethereum Classic. This is because Ethereum successfully garnered the support of many leading names in the crypto community. Also, it receives regular updates. Ethereum Classic has a lesser value compared to Ethereum, but recently, it managed to attract the backing of some prominent names.

Enterprise Ethereum Alliance (EEA) is a support group formed by more than 200 market leaders such as Microsoft, Wipro, Intel, Accenture, JP Morgan, Thomson Reuters, Credit Suisse along with many start-ups and subject matter experts. They are all bound by a common factor; all of them believe in the potential of blockchain.

Differences in Potential and Features

The growth potential of Ethereum Classic is debatable. On the contrary, Ethereum is looking at a promising future. Looking at its rapid growth, experts are postulating that Ethereum could become the first cryptocurrency to reach the $10,000 mark after Bitcoin. Ethereum enjoys a higher hash rate than Ethereum Classic. As mentioned earlier, Ethereum keeps updating on a regular basis, but Ethereum Classic cannot access those updates.

There is a surge in the carer opportunities related to Blockchain. Needless to say, the technology industry has undergone tremendous change after the introduction of blockchain. Many fortune-500 companies are coming forward to espouse blockchain to support their growth. This underlines the career potential of blockchain and Ethereum, which is largely untapped. Check out the Ethereum courses offered by Imarticus if you are looking for a good Ethereum training in Fintech.

How Blockchain is Changing Banking Industry?

Posted on by Imarticus Learning

Understanding Blockchain

In simplest, blockchain can be understood as a digital ledger that keeps a record of transactions of high economic significance and it cannot be manipulated or corrupted.

So how’s that possible? Well, the construct of blockchain is such that any data is store on thousands of serves and everybody who has access to that blockchain can find out about any changes made to the document. Firstly, it doesn’t allow changes on a later date and secondly, it keeps track of all the activities carried out on that digital ledger.

Blockchain trainingBlockchain courses in banking uses a distributed ledger system that is highly decentralized and shows all information and updates in real-time to all the users that have access to a particular block.

Each block in the blockchain carries the number of transactions and a new record is formed when new transactions are recorded.

One of the most prominent and oldest uses of the blockchain application was evident in Bitcoin that is a cryptocurrency using blockchain technology to facilitate transactions. Since then, there have been many new applications of blockchain technology.

 Blockchain in Banking

The blockchain technology is still in its nascent stage and there is much to be discovered about this technology. Bitcoin introduced the blockchain technology to the world but its tremendous potential led to new applications of this technology and opened new avenues for growth using blockchain.

Businesses in multiple industries are using the blockchain technology to reach new markets and boost profitability. One of the industries that have drastically transformed with the advent of this powerful technology is the banking sector.

Let’s delve deeper into how blockchain is helping the banking industry to overcome the challenges.

  1. Quicker Transactions

In the contemporary digital era, customers are used to faster services that don’t take more than a few minutes to materialize.

Blockchain Training in BankingNow one of the major challenges faced by the traditional banking systems is that it takes more than the necessary time to settle financial transactions carried out between two parties. The average time taken earlier was between 1to 3 days.

This processing time will not be entertained by customers in the present. Blockchain is a highly decentralized technology that eliminates mediators to verify and process the transactions. Banks can effectively use blockchain to reduce their processing time and enable faster transactions.

  1. Fraud Detection & Enhanced Security

The traditional banking system is full of loop-holes that are used by cybercriminals to leak vital information, hack bank accounts and carry out fraudulent transactions.

blockchain Training in BankingIdentity theft is also a common problem in the modern digital age. Banks need better protection against these cybercriminals to detect fraud and eliminate the chances of data leakage.

Blockchain solves this problem to a great extent as it uses cryptography and decentralized system to record financial data.

This minimizes the probability of data leakage and manipulation to a great extent. This makes blockchain indispensable for the banking system when it comes to securing financial transactions and vital data.

  1. Better Data Quality

Data quality improvement is certainly one of the most important benefits of using blockchain technology in banking. Traditionally the banking related data was stored by banks in multiple locations with different parties having access to each.

Blockchain Training in BankingThis allows easy data manipulation without any repercussions but given the blockchain highly decentralized structure it is almost impossible to manipulate data without being caught.

Systematic storage of data without any user-bias makes it more authentic and helps banks to better target customers and increase their profitability. It also instils more accountability in the whole banking process.

  1. Cost minimization

Yet another important benefit of blockchain that has been changing the banking industry drastically is its cost minimization benefit. The traditional banking system involves a lot of intermediaries to process and facilitate financial transactions.

Blockchain Training in Banking

Blockchain helps to remove all these unnecessary financial intermediaries and reduces the cost drastically which resulted due to increase involvement of middlemen. Smart Contracts are being used by banks to reduce administrative charges and enforcing contracts.

A smart contract automatically executes and enforces legal actions as per the terms and conditions of the contract.

  1. Better Financial Inclusion

Financial inclusion has been a major challenge, especially in developing countries where there is a high population living below the poverty line. These people fail to open a bank account or avail other financial services due to high fee and associated costs. Blockchain technology eliminates all irrelevant mediators and helps to drastically reduce the cost associated with carrying out financial transactions.

This will help more people to avail banking-related facilities and help bring more financial inclusion. In addition to this, it also helps small players in the industry to compete against the big banks and gain a fair share of the market. Blockchain in the digital age will surely boost financial inclusion.

Banking has always been a preferred career option for the majority of people who want to build a long-term successful career with rewarding perks. A career in banking today requires more than just traditional banking skills.

One can opt for the Imarticus banking course to obtain knowledge and skills relevant in the contemporary banking sector.

It will help to boost your job prospects and give you an edge over the competition. Imarticus banking training also guarantees job assurance with the most reputed players in the banking industry.

Keen to Know What Transitions a Fintech Aspirant to a Fintech Expert? Check This Out!

Posted on by Imarticus Learning

Financial services have experienced a major paradigm shift due to the introduction of fintech. Digital banks are replacing traditional ways of accessing financial services. The current fintech market in India is more than 1,900 billion and will grow with an impressive CAGR in the coming years.

There are a lot of job opportunities in the fintech sector and you can build a successful career in fintech by choosing the right career path. Read on to know more about the transitions required to become a fintech expert.

 Get the Right Education

A bachelor’s degree in mathematics or computer is the best to get into the fintech industry. Many fintech aspirants also have degrees in business, accounting, economics, etc. Getting a degree will not teach you about the working of the fintech industry but it will help you in developing an analytical & statistical mind.

Many fintech aspirants also prefer to get a master’s degree for opting for senior job roles in the fintech industry. One should also try to be updated with the modern-day technologies used in the fintech industry. AI (Artificial Intelligence), ML (Machine Learning), deep learning, etc. are used widely to improve fintech solutions.

A technical degree with Fintech Course as a specialization will also help you in getting into the fintech industry. Along with getting a degree, you can also opt for internships, sponsored/individual projects, workshops, etc. in fintech for boosting your knowledge.

Fintech TrainingYou can target any particular job role in the fintech industry based on your skillset. There are many types of job roles in the fintech industry like a compliance expert, cybersecurity expert, data scientist, financial analyst, etc.

Acquire Necessary Skills

You will require several technical & non-technical skills to become a fintech expert which is as follows:

  • You should have good problem-solving skills to create better ways of providing financial services to people with the aid of technology.
  • You should have good analytical skills to draw conclusions and to analyze various solutions.
  • Good programming skills are required to become a fintech expert. Programming languages like C#, C++, Java, Python, SQL, etc. are widely used in the fintech industry. You should also be aware of the databases used in the fintech industry.
  • You also should have good financial skills to become an expert. You should be able to read & analyze financial statements & reports for creating better financial services.
  • You should know about the applications/tools used in the fintech industry know about the practices involved in the fintech industry. You should also be familiar with the latest technologies like AI, blockchain, etc. used in the fintech industry.
  • You will also have to possess some soft skills like collaborative skills, communication skills, adaptability, etc. to thrive in the fintech sector.

 Get the Right Certification Course

Besides getting a degree in the related field, you will need to get a certification in fintech from a reliable source to know about the working methodology of the fintech sector. Imarticus Learning is a reliable source that provides you an online Professional Certification in FinTech course. This course by Imarticus Learning is associated with the SP Jain School of Global Management. You will get to learn via an industry-first approach and will get to study real-life case studies.

This course touches on many aspects/processes involved in the fintech industry like payments & lending, API, RPA (Robotic Process Automation), cryptocurrency management, blockchain, etc. You can choose from the Core Modules (for broad coverage) & PRO Modules (for in-depth coverage) of the aforementioned course.

Imarticus also provides several other courses like Pro Degree in Financial Analysis & PG Program in Finance and Accounts to know more about the financial services/industry. The Project: Paradigm Shift provided by the fintech course will help you in creating/transforming business ideas.

Conclusion

Personal capabilities are the main factor for upskilling in any industry. You will only end up working smartly if you follow the right career path. You will get to work on various projects by opting for the fintech course provided by Imarticus Learning.

It provides an excellent practical environment to implement the things learned in the course. Expert faculties which are associated with reputed firms/institutions will be teaching you if you opt for Imarticus courses. Start your fintech course now!

 

Want to Start a Fintech Career? Here’s Your Ultimate Guide!

Posted on by Imarticus Learning

In this day and age, everything is technology-based. Our lives now depend on it on such a level that we’re using technology on a daily basis to do even the smallest of chores. We’re using smart cooking technologies to make breakfast in the morning and using smart lights (working on voice commands) before going to sleep.

Hence, it’s very natural that the finance industry has turned to technology and advancement too. We’ll see how the Fintech course is taking over the financial services industry by storm.

Fintech Certification CourseWhat is Fintech?

The word Fintech means ‘financial technology’. Fintech applies to any technology that helps in the advancement or automation and use of services in the finance industry.

It ranges from customers using net banking services or internet money transfer systems to handling crypto-currencies for personal users or big companies or using certain software to operate complicated tasks for big banks or organizations.

The word Fintech was first mainly applied for back-end technological jobs in banks and prominent financial organizations. Since that time, the meaning of the term has certainly broadened much more. It now includes customer-based usage of technology in the financial area too. Now, even blockchain, artificial intelligence, and data sciences have been introduced along with the technologies that already exist.

Why Choose Fintech?

Human lives have become faster. People are opting for technological options that don’t require them to go to banks in person or go ask for that financial advice anymore. Everyone is looking for options that they can use ‘on the go’. That is why, every day, companies are trying to find new ways to make our lives easier by innovating more and more apps in the financial area.

The industry has come up with crypto-currencies, which don’t even require any third party to make transactions, and this feat of advancement is not going to stop here. It is disrupting the traditional finance industry too as can be seen from the survey.

Big tech firms like Amazon, Facebook, and Google are trying to make leaps in the Fintech industry. In 2019, it reached $111,240.5 million growing at 7.9% CAGR, and is expected to reach $158,014.3 million by the year 2023 at 9.2% CAGR. Hence, anyone looking for a career in finance should definitely try their hands at the Fintech course to have a glowing career in this ever-growing industry.

Fintech Jobs

For a person who is deciding on a Fintech career, there are plenty of lucrative jobs in the market. Some of these jobs are:-

Developers: Fintech depends on the apps and developers are the main people in the industry as they look out for all the features of these products at all times. They make sure that the products always work properly.

Data Scientists: As everything works on the internet in Fintech, there are tons of data generated. Data scientists work through them and derive information and secure them.

UI/UX Designers: As Fintech has become customer-based, it’s important for the apps to be user-friendly and attractive. That is the job of UI/UX designers. They make the apps easier to use.

Cybersecurity Specialist: Fintech companies deal with personal data from their customers, which have to be secured from hacking. So, the importance of cybersecurity specialists is essential for them.

Cloud Management: Most internet-based products, nowadays, are cloud-based and Fintech companies are not exceptions. Cloud managers oversee everything related to cloud management, including cybersecurity over a certain cloud.

Imarticus Course on Fintech

Imarticus Learning along with S P Jain School of Global Management has come up with a perfect Fintech course for all the aspiring students. The course provides a hands-on learning experience in important technologies required for Fintech, such as AI, API, Blockchain, Machine Learning, and Cloud Computing. They are also taught to put their theoretical learning into real-life scenarios to make them ready for jobs in the real world in the future.

 

Conclusion

Fintech is not the future where one can shine – it’s already here. It’s already a part of our everyday lives. So, to become a part of it, Imarticus can certainly make people ready for that dream job of theirs in the Fintech career.

What if you would like to switch your career towards Blockchain?

Posted on by Imarticus Learning

There has been an incredible advancement in the evolution of Blockchain technology over the past couple of years. In various sectors in society, from healthcare, education, logistics, industrial supply chains and more, Blockchain has been adopted and implemented in industries.

Due to its use cases and positive reviews, Blockchain-based pilot projects have been part and parcel of the global scenario and possibly the dawn of a new technological revolution. If you are looking to pursue a Blockchain career, there could possibly be no better time than this.

What is Blockchain technology?

Blockchain is a data recording database that is both encoded and dispersed with working similar to computerized records of transactions, contracts or even money. Blockchain technology is mostly useful to protect the transfer of confidential documents like contracts, money, property and more without any third party like a government or a bank interfering in the same.

Once information is stored and encrypted inside a block, it is not possible to change it or tamper with it. The most important and highly useful feature of Blockchain is that it can be accessed across multiple computers.

How to start a career in Blockchain

A fairly new technological segmentation itself, Blockchain careers might not be your run-of-the-mill jobs. In today’s day, technical skills make for a much stronger ground than a candidate’s educational background. Although you can start off as a novice, it will be an added advantage if you have or a similar professional field.

It is not absolutely essential to have a formal education and you can easily start by signing up for a professional Blockchain course. A course in this field can turn out to be highly useful for you if your goal is to master topics in the cryptocurrency space.

Most professional courses teach you the working of the Blockchain platforms along with a solid understanding of the basics, essential vocabulary, key concepts, along with important tools like docker, truffle and more. The main goal of any professional course is to help you understand the A-Z of Blockchain technology and how to implement it in the real world.

Most importantly, a certificate Blockchain course will also teach you how to prepare your own sample Blockchain application, or how to build an actual Blockchain use case later on in the near future.

Most courses on Blockchain technology cover the essential ideas of cryptography and how it is related to Blockchain, and in case you’ve already worked as a developer, engineer or tester, you have an added advantage. Additionally, the course may teach you more about required programming languages like Go, Solidity, or Simplicity, that you may need to develop a Blockchain application.

Blockchain career options

With a bright and evolving future, Blockchain is playing a crucial role in everyday lives. Careers in Blockchain have been and will change the professional world in terms of technology, and before you completely seal the deal, here are a couple of career options you can pursue in Blockchain once you’ve gained professional knowledge in this field.

  • Blockchain Developer
  • Blockchain Quality Engineer
  • Blockchain Designer
  • Blockchain Legal Consultant
  • Blockchain Project Manager

Conclusion

Careers in Blockchain technology are making uproars in the technical world in terms of scope and advancement with top companies looking to hire professionals with an in-depth understanding and working knowledge in this arena.

Cryptocurrency has already changed the face of the world economy in terms of security and the bigger picture looks good. So, think about where your interest lies, conduct basic research about the possibilities and challenges you may face. Once you’ve made up your mind, go for it!

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.

What are the profitable and developing career paths in the fintech industry?

Posted on by Imarticus Learning

Fintechs are start-ups offering financial services and banking products in business competition with the banking and financial institutions.  Many of them operate globally and account for sizeable portions of the industry services in finance, banking, and insurance sectors.

With Fintech industries becoming hugely popular the numbers of career paths in Fintech industry that open up are huge, especially for finance and computer science background aspirants.

Appropriate skills required.
The emerging technology of today which helped revolutionize the fintech sector is of blockchain technology. To be recruited the appropriate job skills will be required. We list below such skills to develop in order to make a lucrative start of your career in the fintech sector.

  • Java: This is popular with investments, banking, and financial sectors. There is a huge dearth of skilled programmers and team members, and for obvious reasons, the payouts can be very good.
  • C#: The analytics and risk team, offshore developers, C# programmers will be needed to build tools for RWA calculations used in the financial and banking sectors.
  •  Murex: Most financial sector jobs need broad-based skills that include language proficiency, technical skills and familiarity with Murex to be on strategy teams. The analytics development and integrations with Murex will also be required of Quants.
  • Python: This is the favorite of the fintech, banking, insurance and nearly all sectors with money transactions.
  • Finance/ Business analyst: Banks are redoing their technology strategy and implementing new projects based on blockchain technology and user experience. Security, audits, back office reporting, predictive analysis, and compliance regulations are increasing creating a demand for those who can upgrade, tweak and implement transitions to the latest technology.

Developing career paths.

1. Blockchain Developer
The need for blockchain developers and experts is growing exponentially. Enterprise developers, Ethereum network-based payment solutions, smart contracts, and distributed developments will spur the demand for developers and analysts.
2.  Apps Developer
The markets of the Fintech sector has seen scaling upwards market growth in mobile and digital payment solutions, personal finance solutions and mobile app development. This has pushed up the demand for young Fintech app developers.
3. Financial and Data Analysts
Increasing numbers of startups and the fascinating growth of technology in the financial sector means unstoppable demand for financial and data analysts.
4. Product Manager
Such managers will be in high demand in the encryption, security, online identity, and cryptography areas. Knowledge of Scrum, Agile and such evolving team performance tweakers will become essential.
5. Compliance Aces
Compliance experts, compliance analysts, and compliance officers for financial companies will be crucial to ensure regulatorily, and compliance targets are met.
6. Cybersecurity and Risk Analysts
Risk management, compliance, and regulatory experts will be sorely needed.
7. Analysts for Quantitative analysis
The ‘Quants’ drive complex big financial models based on data-driven emerging technology to make those financial, banking, hedge fund, and securities trade successful, fast, secure and risk-free. Cloud computing, quantum computing, AI, AR, and predictive analysis are good algorithms for your career.
8. Culture Evangelists.
Retention of skilled candidates becomes a daunting task with the increasing supply-demand gap. The HR department, event managers, and culture advisors will be in demand.
9. Manager-Business Development 
These managers are crucial to the growth of startups and Fintech organizations.
10. Data Specialist
Data scientists, data analytics managers, financial data analysts are required in large numbers with the ever-increasing amounts of data.
Do a fintech course in Banglore to start your career off on the right note.