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Tag: Fintech online training

Lets Learn about Consumer Behavior Mapping Techniques In FinTech And Digital Banking

Posted on by Imarticus Learning

Introduction

With the internet and focus on digitization, the fintech (financial technology) industry is also evolving. One of the massive changes that have emerged in this industry is the use of digital transaction portals. The entire BFSI sector has transformed, integrating modern cutting-edge technology with Digital banking solutions to meet the evolving needs of customers. A prime observation noticed among modern customers is that they are increasingly moving towards transactional mobility. This demand has compelled the BFSI industry to form an all-round interaction with the customer and provide banking services using the power of Financial Technology.

Need for Consumer Behavior Mapping

Due to mobile phones being accessible all around the world, consumers have more access to information and diverse services. This naturally means that there is more competition among financial institutions as they try to improve their customer base.

In the current digital world, a customer can choose from a diverse variety of financial services, and since there is no limit on providers, they can also mix and match their financial service providers. Also, there can be difficulty in identifying whether a customer is demanding a financial service online or not since many customers do not actively choose a financial platform based on their need but on a need demanded by another service provider.

It is clear that the current customer base is more technologically educated and information-savvy. Hence, it is important that innovative ways are used to understand the customer thoughts, the trends in the market and understanding the reasons behind a product decision. Analyzing financial behavior and tying it with a range of demographics can help in understanding trends in customer behavior. While big data analysis can be a great way to understand this trend, traditional methods like interviews, online surveys, offline studies can help too. 

Fintech and the changing financial scenario 

In 2020, the world almost stood still with the COVID-19 pandemic. As most physical forms of transactions came to a halt, the fintech market emerged strongly. By automating financial services and improving on digital customer experience, banks and financial institutions were able to interact with customers and provide them the necessary services even during a COVID-impacted scenario.

Indian banks started integrating Blockchain, Cloud Computing, RPA, Data Science and Analytics, AI, and Machine Learning to understand customer requirements and upgrade their services to provide the best experience to them. Implementing advanced financial technology in several banking areas can help build and retain a strong customer base.

After all, Fintech relies a lot on customers and how they interact with Banking services. As future customers become more tech-savvy, fintech will continue to evolve and its role will be stronger in the financial systems of our country and the world as a whole.

EndNote

As Fintech becomes a part of our lives, BFSI industries should start adapting to the changing scenario and understand ways to map customer behavior. Mr. Mujib Mundewadi has been kind enough to offer a 2-hour long Masterclass on the topic.

He has had around 25 years of experience in the banking sector and has worked with investment negotiation, financial structuring, cross-border taxation solutions, and finance strategy too. MBA aspirants, BFSI professionals, Finance Management and New Age Banking aspirants, Fintech aspirants, and consumer Behavior Enthusiasts can attend this Masterclass.

Let’s involve and invest in such a valuable lesson on fintech and customer behavior mapping. Register Now.

SP Jain Fintech Certification Your Career Needs!

Posted on by Imarticus Learning

The modern world is revolutionized by technology and much of its services are taking the digital route. Financial systems have also gone through a similar makeover. And, technology and finance have integrated to form fintech. Notably, fintech disrupts traditional financial structures and brings in the integration of technology into the financial structure through software or a digital ecosystem. 

Currently, India has one of the highest adoption rates. The value of digital payments in India was $65 billion in 2019 and it is expected to grow at a CAGR of 20 percent by 2023. So, without much further ado, let’s get into the important and interesting field of fintech and how a Fintech Course is just what you need to give a boost to your career. 

Fintech certification Course

Current uses of fintech

Currently, fintech is in high demand in the job market. Fintech is integrated with several other technologies like artificial intelligence, data analysis, blockchain, and robotic process automation. These technologies can help to identify fraud, measure credit scores, streamline workflows, and secure cryptocurrency transactions and storage.

As the world is moving towards digitalization, applications of fintech are increasing and entering into areas like crowdfunding platforms (Kickstarter), regulatory technology, insure-tech, and mobile payment platforms. 

Benefits of fintech career

There are numerous benefits of pursuing a fintech career: 

Finance Technology – The Future:  With the rising tide in this sector, a fintech course is the present and will remain as the future of the industry. With the world changing in every aspect and the invention of new technologies, fintech will start evolving more and more.

So, planning a career based on the future can be the right move with the minimal risk of failure. As per a 2017 report, 95 percent of financial services were looking for a partnership with fintech. And, India also has the highest ROI in investments in the fintech industry (going up to 29 percent, which is higher than the global average of 20 percent). 

The abundance of jobs: Fintech is one such sector in the job market that has a wide number of job opportunities. Apart from having a stable job, one gets to navigate the numerous sections of this niche. A fintech career can help you get jobs in several roles.

You can opt to become a fintech innovation consultant. Under the role of a fintech innovation consultant, you can take up several areas to work on. You can work as a marketing consultant or a strategy consultant which will help you promote or integrate startups with fintech solutions. 

You can also take up techno-functional analyst roles to analyze existing problems within a structure where important financial data is being transferred to the finance team. Fintech innovators can also act as consultants to help manage risk and develop innovative solutions to seamlessly integrate fintech and startup managements.

Besides, you can take up the role of a product manager who would use innovative concepts like integrating DevOps and Scrum into the system and set the direction for startups to optimize their costs and increase productivity.

Another role of any fintech specialist could be UI/UX designing. Since it is important for a website to be intuitive and optimized for any customer engaging with the fintech ecosystem, a proper UI/UX design can help build that relationship and promote a healthy fintech ecosystem to work with. 

Job security due to a variety of interdisciplinary subjects: One of the most important things essential in a job is the security it gives. All the career choices in the fintech sector have high job security with exceptional perks and benefits.

This is because the role of a fintech specialist involves an understanding of AI and ML systems, blockchain, and data analysis. All these specializations are booming in the current tech world. So, fintech specialists can be quite flexible with their job options. 

Fintech course by Imarticus

Imarticus Learning in collaboration with SP Jain School Of Global Management has come up with an excellent course specially customized and tailored for students who wish to make a career in fintech.

SP Jain Fintech Certification CourseThis sophisticated yet simple Fintech course gives students a substantial grasp from the very basic roots to the advanced features of fintech. Specialized subjects like cloud computing, blockchain, and artificial intelligence (AI), are taught to students so that in the future they can implement them in real-life applications. 

With a great future ahead, fintech is turning out to be a lucrative career option. So, why not take a chance to grow in this brilliant field with cutting-edge technology and shine in life. Wait no more, become a part of Imarticus, and be ready for the future. 

Where to Find Your Next Affordable Fintech Course?

Posted on by Imarticus Learning

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

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

Careers in Fintech

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

Some of these careers include:

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

Courses in Fintech

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

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

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

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

Imarticus Learning – Fintech Courses

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

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

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

Fintech Pro Degree Program

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

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

Fintech Certificate Course

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

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

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

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

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

The fee for the Fintech certificate course is:

Core: INR 2,00,000

Pro: INR 3,00,000

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

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

Core: INR 180,000

Pro: INR 270,000

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

Perks of Pursuing Fintech Programs with Imarticus Learning

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

How The Fintech is Transforming Everyday Life?

Posted on by Imarticus Learning

What is Fintech?

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

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

Fintech career

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

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

Impact of Fintech on everyday life

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

Easy banking solutions

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

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

Blockchain & Cryptocurrency

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

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

Affordable investment advisors

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

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

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

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

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

Fintech Career

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

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

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.

Blockchain Project Ideas for Beginner or Student in 2020!

Posted on by Imarticus Learning

What is the Blockchain Technology?

Blockchain is a technology that supports online transactions/information sharing. It can be referred to as a diary or a spreadsheet that contains the record of transactions. Each block directs to its previous block.

It is a decentralized technology with no central controlling unit. Everyone can access the information but cannot manipulate it due to extreme security in blockchain.

Every user shares equal authority and can only read the information. Each transaction generates a hash code that uplifts the network security.

 

Blockchain is widely used in digital transactions and cryptocurrency transfers in present times. It is also used for other things which include record maintenance.

Let us see some blockchain project ideas for beginner/student in 2020 in this article.

Identification of copied brands

Every successful brand has an imposter available in the market. These fake suppliers use the name of the brand and sell their goods/commodities. This leads to confusion and distrust among consumers.

Every original manufacturer has a barcode imprinted on its product label. This barcode is unique and can be scanned by anyone to check the originality of the product.
This information can be connected to blockchain technology.

One can develop an application for smartphones that could do the aforementioned work. Previous works are done in this field but still, a lot of fake brands are available in the market. There is a lot of scopes to increase accuracy in this field. It can be a brilliant project idea.

Web hosting

You can host through the web using blockchain where the authority is decentralized. If you are building a centralized server then the maintenance cost will go high and it can encounter traffic issues from time to time. One can distribute the services all over the web and can link it back as and when required using the blockchain registry. This will reduce the traffic and maintenance cost.

Supply Chain Management (SCM)

SCM contains all the processes of a raw material being converted to finished goods. It handles the supply side of any product/service and monitors the flow/storage of goods/services. with the usage of blockchain, we can easily detect the chronology of ownership of the product from being a raw material until the end consumer.

The transparent and traceable nature of blockchain will help in such tasks. The licensing of products/services can be done easily using blockchain. The cost will be cut down and security will increase. This project can bring a revolution in SCM.

Insurance Sector

Sometimes a lot of time is taken to process the documents before allowing the insurance. This can be done through blockchain and the documents and reports can be accessed quickly by the insurers which will ultimately decrease the time of insured money which is reaching its destination. The traceability of blockchain will help in this process. People can understand the cost risks easily and it will also help insurers in cutting down the cost.

E-voting

A lot of E-voting campaigns have been carried out already. People still don’t trust E-voting as security concerns are there. With the use of blockchain technology, we can increase security. We can also make the information transparent to the required authorities who can keep an eye on malicious activities.

It can be a far-fetched thought but if applied properly can give us a fair & secure voting system. It can cut down the cost of various polling booths that are physically made and monitored during an election.

Conclusion

Blockchain ensures the highest number of reaches through its traceable and transparent nature. The security is also managed by the hash functions generated after each block. The level of peer to peer sharing is quite high in the blockchain.

There are many blockchain online courses available on the internet to help you out. This article was all about some blockchain projects/ideas for students/beginners in 2020 which can bring a revolution in respected fields. I hope it helps!

What Is Fintech in Banking?

Posted on by Imarticus Learning

Understanding Fintech in General

Fintech can be explained as the use of cutting edge technology to provide solutions in the financial domain to increase customer satisfaction and bring more convenience to the final users.

This evolution within the financial industry aims to introduce new tech-savvy financial products and services most of which helps to automate repetitive processes that earlier required human intervention.

The digital world is fast-paced and the use of the internet has transformed every industry. To cater to the needs of an aggressive customer base, the evolution within the financial domain was indispensable. The collective approach towards problem-solving in the financial services domain using technology has produced a spin-off that has been coined as Fin-tech.

Fintech in the Banking domain

Fintech is totally on the verge of disrupting the consumer banking industry. The disruption is inevitable given the simplicity of services in the traditional form of banking which can now be rendered very conveniently through the use of technology.

If you look closely the technological advancements have also changed the financial procedures and the way these institutions function.

Let’s look contextually into some of the major aspects of banking that the Fintech has redefined.

Credit Services 

Fintech has expanded the horizons when it comes to providing loans. Some of the prominent Fintech companies have taken upon themselves to bring more transparency and ease in the borrowing process by eradicating unnecessary documentation and other loopholes. They aim to simplify the process of obtaining financial aids for businesses and individuals.

Payment Services

Not much long ago, payment transfers and related services was a challenge for the customer. From long queues to limited banking hours and whatnot, it was a painful experience. Today a service or a product is not just limited to providing a solution but providing a memorable experience for the customer.

Keeping the customer experience in mind the Fintech companies have revolutionized the payment services segment totally. Payment using smartphone applications and the internet is the norm today, thanks to the harbingers of the Fintech revolution.

Wealth Management Services

Fintech training has redefined the way people are saving and investing their hard-earned money.

There are companies like Robinhood whose mission is to reduce the income inequality that prevails in society by providing commission-free trading and investing platform.

Today people want what’s best for them and not a general best seller, realizing this gap Fintech companies are catering to customized investment solutions for people looking to invest their money.

How is it changing the banking domain?

Let’s see how the banking sector has been transformed drastically with the advent of Fintech companies in the context of digital & mobile banking services.

Digital Banking

One of the best things about the digital space is that it is not constrained by geographies. This feature alone has helped many banks to expand their customer base in multiple territories without having to invest in building a brick and mortar outlet. Other than this the services are available for the 21st-century consumers who don’t sleep, meaning 24*7 has been the norm.

Mobile Banking

With the proliferation of e-commerce and food-tech companies, the consumers needed a more convenient method to do the transaction. Realizing this need the Fintech companies have designed mobile banking solutions that just require your smartphone and bank details to start a transaction. Problem solved!

Conclusion

Fintech has totally changed the banking industry for good. Mobile banking and digital banking services have mended the follies of traditional banking services. Focusing more on the customer experience aspect the Fintech companies are boosting the customer satisfaction level to new heights making them more loyal and committed to the service providers.

Can You Have a Career in Fintech without Coding Knowledge?

Posted on by Imarticus Learning

Technology has changed the way things are done, in almost every field conceivable to man. Be it healthcare or warfare, the advent of technology has had a significant impact on the proceedings. To no surprise, the financial world has also benefitted hugely from these advances, and the field of Fintech emerged in the past few decades.

However, many banking professionals are still apprehensive about getting into Fintech because of some misconceptions they have. You might think that the addition of tech into the financial world means that everyone must understand how to operate the tech aspect of it, and thus must know to code in order to survive.

However, that is not true – you can still have a career in Fintech despite having relatively less knowledge on how the code is written.

Can You Have a Fintech Career Despite not Knowing Coding?

The short answer is that yes, you can not only have a career but also be successful in the field without knowing how to write code extensively. Coding is usually used when organizations need to implement new software or make some changes in the way things are run currently.

To make these changes, it is always easy for the organization to hire a computer programmer, rather than insisting that it needs to be done by the Fintech professional himself. In fact, most banks and other large Fintech organizations have dedicated teams of coders who are always on-site in order to make such changes.

That does not render obsolete the other capable professionals working in the organization, so coding is not a necessity to work in Fintech.

Then what are the skills required to get into Fintech?

Since the field mainly deals with the financial world, you will definitely need to have a good understanding of how finances work and function in order to be successful at it. Even if you do not know how to code, you will also definitely need to be comfortable with technology. While there are many jobs that focus more on the business side of things, knowledge of technology is definitely going to help you get to where you want to.

You will also need to have a number of soft skills, as the finance world is an extremely soft-skill and relationship-oriented one. Communication skills are a must – you will find yourself having to coordinate and communicate with multiple teams and people, ranging from tech experts to customers on a daily basis. Therefore, your communication skills, both written and oral must definitely be of high quality.

Fintech organizations also hire based on the problem-solving skills of the person. A huge requirement of the job is that the person must be able to solve a lot of problems that appear on a daily basis, to ensure that the organization is running seamlessly without any interruptions. You will have to optimize constantly, in order to make things function quicker and more efficiently in order to get a head start on the competition.

If you are looking to get into Fintech, there are a lot of Fintech courses that can help you dip your toes in these deep waters. The Fintech online courses offered by Imarticus Learning is a great place to start at.