Digital Banking Unleashed: From Vision to Reality

Description

Creating a digital bank can be a complex and time-consuming process, but it all begins with a solid vision and a robust technological infrastructure. In this comprehensive course, you will learn the essential steps involved in building a digital bank, from developing a vision to being ready to apply for regulatory approval.

We start by discussing FinTech and Digital Banking, exploring the differences between traditional banking and contemporary counterparts, such as FinTech and digital banking. We will then guide you through the process of brainstorming and creating a vision for a fictional digital bank, including exploring its technological and business architecture.

We will delve into key topics such as customer interactions with digital banks, the future of banking in the metaverse, and the General Data Protection Regulations (GDPR) that are becoming a standard for banking worldwide. We will also examine bank governance and risk management in the digital age and conduct a comprehensive examination of a digital bank's technology platform.

Throughout the course, you will gain a deep understanding of the critical components of building a digital bank, including technology requirements, customer touchpoints, and regulatory compliance. While there are no specific prerequisites for this course, a basic understanding of contemporary banking concepts is advisable.

I designed this course for students of banking, banking practitioners, professionals involved in managing the transition from traditional to digital banking, or anyone interested in constructing a digital bank from scratch. Upon completion of this course, it will equip you with the knowledge to apply for regulatory approval, which I intend to cover in more detail in a subsequent course.

Don't miss this opportunity to lay the groundwork for your digital bank and embark on the exciting journey of creating a successful digital banking venture. Enroll now and get ready to build your digital bank from vision to regulatory approval!

Course Highlights:

• Understanding FinTech and Digital Banking

• Creating a Vision for a Digital Bank

• Customer Interactions and the Future of Banking

• General Data Protection Regulations (GDPR) in Banking

• Bank Governance and Risk Management in the Digital Age

• Comprehensive Examination of a Digital Bank's Technology Platform

• Equipping Yourself for Regulatory Approval

• Suitable for Banking Students, Practitioners, and Digital Banking Enthusiasts

• A Basic Understanding of Banking is Recommended.

What You Will Learn!

• Differentiating between FinTech and Digital Banking: Gain a clear understanding of the distinctions between FinTech and Digital Banking.
• Transition to Digital Banking: Explore challenges & opportunities in evolving from legacy banking to digital, with real-world examples.
• Digital Bank Creation: Step-by-step walkthrough of the thought process to conceptualizing, planning & executing a new digital bank
• Explore Innovative New Banking Models: e.g., Metaverse Banking. Discover emerging models driven by technology, discussing opportunities, challenges & risks in t
• Understanding Digital Bank Customer Experience: Explore the importance of user-centric design, and omnichannel experiences in digital banking
• Mission Control: Manage Risks & Security in Digital Banking. Explore cybersecurity, compliance & best practices for securing digital banking ops, data & transac
• Promote Financial Inclusion: Explore strategies for inclusive digital banking, reaching underserved populations, addressing barriers, and fostering financial li

Who Should Attend!

• Students of banking as well as traditional bankers, anyone tasked with managing the transition from traditional to digital banking, or anyone interested in constructing a digital bank from the ground up will find this course useful.

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