Course Objectives
The main objective of this Fintech Course training program is to empower professionals with:
• detailed knowledge and understanding of the fundamental concepts of FinTech
• the required skillset and capabilities to not only introduce but also successfully manage technology and automation in the organisation
• the necessary confidence and knowledge to train other professionals on the basics of FinTech
• the confidence and ability to measure, track and enhance organisational efficiency and growth through the introduction of FinTech, in turn demonstrating talent and potential and inviting further opportunities for growth and progression
• the ability and knowledge to check and enhance existing processes, making them faster, more accurate and leaner
• the capabilities and knowledge to secure a competitive edge for one’s organisation in the FinTech market space
• the required perspective and foresight to pre-empt challenges, risks and hindrances and address these to prevent them from hampering the progress of the organisation from the technological point of view
• the capability to increase client satisfaction through better, faster and more secure services to them at the least cost possible
Course Outline
Principles of FinTech
• Ecological- and social impact-oriented
• Enhancing financial resilience
• People- and stakeholder-oriented
• Democratically governed
• Accessible and convenient
• Empowering and educative
Participants in a FinTech Ecosystem
• Governments
• Financial institutions
• Entrepreneurs
FinTech Opportunity Drivers
• Massive market
• Mobile
• Demographics
• Data
• Regulatory compliances
• Security
Key Sectors of FinTech Application
• Mobile banking
• Internet banking
• Blockchain
• Insurance
• Predictive analytics
• Crowdfunding
• Peer-to-peer lending
• Smart finance management
• Innovative payments
• Robo-advisors
Design Systems Supporting FinTech Ecosystem Development
• Business environment (access to markets)
• Government (regulatory support)
• Access to capital
• Financial expertise
Role of the Government in FinTech Ecosystems
• Regulator
• Policy setter
• Landowner
• Developer
• Operator
• Service provider
Benefits of FinTech
• Better payment systems
• Rate of approval
• Greater convenience
• Efficient advice
• Advanced security
Challenges of FinTech
• Regulations
• Cyber security
• Retaining the human touch
Best Practices for FinTech Compliance
• Digital-only enterprises
• Anti-money laundering (AML) scrutiny
• Keeping consumers in mind
• Know your customer
• Plan ahead
Applications of Artificial Intelligence to FinTech
• Digital financial coach/advisor
• Transaction search and visualisation
• Client risk profile
• Underwriting, pricing and credit risk assessment
• Automated claims processes
• Contract analyser
• Churn prediction
• Algorithmic training
• Augmented research tool
• Valuation models
Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
DATE:
1ST BATCH: 14th – 17th Jan, 2025
2ND BATCH: 9th – 11th June, 2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos