Building A Digital Bank

Roadmap To Launching A Digital Bank

What you'll 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

Requirements

Basic knowledge what a bank is and how a bank operates is recommended

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 BankingCreating a Vision for a Digital BankCustomer Interactions and the Future of BankingGeneral Data Protection Regulations (GDPR) in BankingBank Governance and Risk Management in the Digital AgeComprehensive Examination of a Digital Bank's Technology PlatformEquipping Yourself for Regulatory ApprovalSuitable for Banking Students, Practitioners, and Digital Banking EnthusiastsA Basic Understanding of Banking is Recommended.

Overview

Section 1: Building a Digital Bank: Introduction to the course

Lecture 1 Get Ready to Dive into Digital Banking: A Warm Welcome to Our Course

Section 2: FinTech & Digital Banking: Fundamentals of Modern Financial Technology

Lecture 2 Unlocking the Future of Banking: An Introduction to FinTech and Digital Banking

Lecture 3 Demystifying Legacy Banks: Understanding Traditional Banking in the Digital Era

Lecture 4 Exploring FinTech: Definition, Innovations, and Impact on Banking and Finance

Lecture 5 Banking Reimagined: Decoding Digital Banks

Lecture 6 Embracing the Digital Revolution: A Vision for Modern Banking

Section 3: Digital Banking Touchpoints: Enhancing Customer Experience

Lecture 7 Banking without Boundaries: The Mobility First Revolution

Lecture 8 Transforming Banking: The Power of the Digital Branch

Lecture 9 Banking in the Digital Age: Mastering the Digital Chat App as a Touchpoint

Lecture 10 Empowering Customer Engagement: The Digital Banking Contact Center Experience

Lecture 11 Building Synergies: The Partner Ecosystem for Digital Banks

Lecture 12 The Future of Money: Exploring Digital Currency, Payments & CBDC

Lecture 13 Banking Meets Fashion: Embracing Wearable Technology for Digital Banking

Section 4: The Metaverse & Digital Banking: Future of Banking in Virtual Worlds

Lecture 14 Navigating the Metaverse: The Next Frontier for Banking

Section 5: General Data Protection Regulations (GDPR)

Lecture 15 Understanding GDPR: The General Data Protection Regulation Explained

Lecture 16 Mastering GDPR: Understanding the Principles of General Data Protection Reg.

Section 6: Governing Bank Operations in the Digital Age: Best Practices for Bank Governance

Lecture 17 Mission Control: Managing Risks & Security in the Digital Era

Lecture 18 Real-Time Analytics and AI: Unlocking the Power of Data-Driven Insights

Lecture 19 Open Banking and Platform Banking: Navigating the New Paradigm

Section 7: Digital Banking Technology Fundamentals

Lecture 20 The Power of Digital Banking Technology: Understanding the Key Components

Lecture 21 Essential Elements of Digital Banking Technology: Exploring the Tech Stack

Lecture 22 Digital Banking Technology Components: Building Blocks for Modern Finance

Lecture 23 Deploying Digital Banking Platforms: Key Pillars for Success

Lecture 24 Dataflow & Tech Stack in Digital Banking: Managing Data & Technology

Section 8: Conclusion

Lecture 25 Benefits of Digital Banking: Exploring its Characteristics

Lecture 26 Course Recap & Next Steps for Building Your Digital Bank

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.