Story Of Digital Banking

Tags: Banking

Digital banking innovations AI-ML, Blockchain, Bigdata Analytics, IOT, Open banking, AR-VR, Fintechs

Last updated 2022-01-10 | 4.2

- Basic awareness level course.
- Global Digital Banking innovations
- with latest case studies of 2019
- 2020 and 2021.
- Representing case studies from 15 different countries such as USA
- UK
- Australia
- Germany
- Canada
- China
- Singapore
- India
- Mexico
- Spain
- Poland and many more

What you'll learn

Basic awareness level course.
Global Digital Banking innovations
with latest case studies of 2019
2020 and 2021.
Representing case studies from 15 different countries such as USA
UK
Australia
Germany
Canada
China
Singapore
India
Mexico
Spain
Poland and many more
30 different case studies presented over multiple banking functions. Open Banking revolution presented with 8 different latest videos.

* Requirements

* There is no specific banking knowledge needed to attend this course.

Description

(This is a basic awareness level course.  Latest new videos updated on the subject of Global Open Banking with 9 different small videos on this topic. )

What exactly is this "A Course in Innovations of Digital Banking - a global view"

Answer is simple: - 
This course is an basic awareness level "street-smart quick view" of the latest happenings in new-generation world of banking from example of 15 different countries at a base-camp level. This course contains case studies about ongoing innovations in technology areas such as Artificial Intellegence, Machine Learning, Robotics, Blockchain, Bigdata Analytics, IOT, AR-VR, Open banking , Fintechs etc.

We would like the subscriber to seek continous knowledge on the Innovations of banking world for his or her life time, at no additional cost.

We created this course in 2018, where our focus was to just highlight glimpse of happenings in the digital banking world. However post initial success of this course, since 2019, we have been adding various new innovation themes; as if this course is a true digital center of innovation for the subscriber.  Since year in 2019 we have added many videos every year. Therefore after first 5 video lectures (which looks like previous generation videos now, as they are too basic coverage), we have restructured the entire theme making it more contemporary with several examples.

The coverage of this course include examples, illustrations and case studies from banks, financial institutions, fintech companies, third-party providers from countries such as USA, UK, Canada, Australia, Japan, Germany, Scotland, Czech Republic, Mexico, Brazil, China, Spain, India, New Zealand, Italy etc.

Part I of the Course (5 section involving Base story creation): -

Part I covers the defintion of the Digital Banking Transfomation with a view to moving towards digital era in the Internet and Mobile space. This also covers comprehensive back-end automation needed for any new level of innovations.    

Part II of the Course (7 segments involving Global Innovation Case studies and use cases): - 

Part II gives very sharp global case studies in various innovation areas such as: - Artificial Intellegence (AI), Machine Learning (ML), Deep Learning (DL), Chatbots, Blockchain, Big-data Analytics, Internet of Things (IOT), Open Banking, Fintechs, AR (Augumented Reality) / Virtual Reality (VR), Internet Banking, Mobile Banking, social media Banking, Mobile ATM, advance Payment systems,  future Banking Illustration, Onboarding experience Illustration etc.

And who can get benefited?

- Those job aspirants who want to enter job market esp in Banking segment and want to impress the interviewer assuming tough competition of candidates.
- Students of Commerce, Banking, Finance, management and economics to maintain practical view of the Banking world .
- Employees of a bank to sharpen their skills with knowledge of world's leading  banks and make best presentation in their office and work on real-life projects.
- Employees of any industry working in Banking and financials segment (e.g. Employees of IT companies working with BFS customers) 
- School Students for helping on their assignment and project, in case they choose to present for industry example  .  
- Research students who want to have practical view of how industry is using latest science and technology in banking world.
- Students of digital marketing, who want to know the practical usage of initiatives done by Banks in various country. 

Who this course is for:

  • Any employee of a bank, any employee of IT company working BFS sector, anyone working on banking transaction for his organization, any Digital innovation learner, any aspiring interview candidate who is looking for a new job in banking sector, Any undergraduate, graduate or post-graduate student, or simply people who are interested to learn digital banking or digital tchnology innovations, any school students or college students who would like to undertake projects or have interest in studying new-generation Banking innovations can also take this course too.

Course content

13 sections • 29 lectures

Introduction Preview 02:12

Digital banking is not only about mobile apps  and innovations, but involves holistic approach to include comprehensive view of all front-office, middle office and also lot of back-end transformation projects to enable bank as digital. In this course you can learn  following areas:

  • Moving from Traditional Banking to New-gen Banking,
  • Proliferation of Internet Banking, Mobile Banking and  “direct Banking” concept
  • Use of Social media in Banking and arrival of Fintech Firms 
  • Innovative technologies dominating future Banking Landscape
  • Illustrative “CIO Wishlist” to complement or enable comprehensive digital Bank

Your Quick few minutes before you transit to next section Preview 04:04

This vide lecture guides the subscribers with we keep our contents updated from time to time. This will give you a birds eye-view about how we enriched the new global case studies in this world technology innovation for Banking sector. 

Moving from Traditional Banking to New-gen Banking Preview 07:41

Example of various banks and banking concepts related to following areas

  • Culture of working in previous Traditional Banks in brief 
  • Parameters for need of  Moving to digital channels.
  • Threat of non-banks and Fitechs to Banks
  • Changing Baton to new-generation and changing requirements


Proliferation of Internet Banking, Mobile Banking and “direct Banking” concept Preview 06:50

  • Online  Banking in desktop environment
  • Moving to comprehensive services in online world
  • Improvement in customer or user  experience
  • Mobile Banking
  • Changing Banking Channel architecture due to Mobile Banking
  • Concept of "Direct Banking"
  • Mobile and smart-phone only Banks 
  • New smart apps 

Use of Social media in Banking and arrival of Fintech Firms Preview 09:29

  • History of Social media in banking
  • Few illustrations and concepts of Banks using social media such as Facebook, Twitter, You tube, social based educative web-real-estate 
  • Illustrations of  Fintech companies giving run for money

Innovative technologies IOT, AI, ML, Blockchain,, Big data etc Preview 09:49

Banking Innovation concepts, Prototypes and examples such as 

  • Artificial Intelligence,
  • Machine Learning
  • Cognitive science 
  • Use of Robots and Chat-bots
  • Internet of things (IOT) in Baking 
  • Block-chain 
  • Big data
  • Voice Bio Matrix

Illustrative “CIO Wishlist” to complement or enable comprehensive digital Bank Preview 10:29

Various illustrative back-end projects and initiatives complementing physical Set-up, to enable bank as comprehensive digital bank. 

  • Branch as relationship centers
  • ATM
  • Legacy Transformation projects
  • Multi-channel integration
  • Payment system integration
  • Document Imaging and OCR
  • External integration
  • CRM

Multiple choice questions- Identify correct statement or fact

Overview Brief - of 2019 Case studies Video Preview 01:43

This is an overview video of 2019 Digital Banking Update video in next section, where subscribers shall get access to new innovation themes used  by multiple global banks.

Digital Banking 2019 Case Studies Preview 22:07

You can choose to go through this video either at the start of  this course or at the end , as per your own choice. This video has 2019 update on various happenings in Digital Banking area, across the globe. By 2019, many  banks have adopted various innovative technologies such as Artificial Intelligence, Machine Learning, Deep Learning, Block-chain, Big Data, IOT, Chat bots, Internet and mobile banking, bio-matrix etc. This video will guide you about the global initiatives of multiple banks across USA, UK, Canada, China, Australia, Singapore, Spain. Therefore you will have latest knowledge about digital banking  success stories or implementation stories across the world. 

Quiz for 2019 Case studies Video

Quiz for 2019 Case studies Video

Overview Brief - of 2020 Case studies Video Preview 02:01

This is an introduction or promo video for the next lecture based on global 2020 innovation themes across the different continents of this planet. This promo video gives glimpse of whats coming in the next video of this section, where innovations by 10 different banks and fintech companies across the globe are demonstrated.

Digital Banking 2020 Case Studies Preview 10:29

This 2020 update video describes 10 different inititives taken by various banks and financial institutions across the globe in various areas such as Artificial Intellegence, Machine Learning, Predictive analytics, AR / VR, Open banking / API,  Back-end and front-end automation in business banking, Mobile cash, virtual money transfer in cashless economy, ready Fintech banking framework etc. 

Blockchain Special Case Studies 2020 Preview 09:59

This 2020 video has the meaning of Blockchain and few specific case studies in the Banking and finance world.

Quiz for Case study Video 2020

Quiz for Case study Video 2020

Illustrative future banking experiences video of LISA and TED by NEWGEN Preview 03:32

LISA and TED'S experience -

Multiple technolgies supported by banking landscape such as-  IOT, smart mobile Mobile, GPS, Integllent alerts, biomatrix at bank, automated wall support,   Auto fund assessment, auto LC creation, approval and payment, social media- big data analytics, Intelllegent vendor search, spending pattern studied, free airline miles offers, new digital marketing experience etc.

Illustrative Automated Customer Onboarding experience from Synechron Inc Preview 02:28

Illustrative sample Automated Customer Onboarding experience from Synechron Inc with the use of  technologies such as AI / Machine learning, OCR scanning documentation, Driving license data captured, Auto KYC, No data entry, Digital signature, Onboarding status to customers, Predictive technologies to assist onboarding, 360 degree banker's view, Banker's dashboard, Auto-polulation of documentation based on tax records and Bank statements, Auto-STP to product processors etc

New visual and virtual experience in Banking using AR and VR technologies Preview 09:53

Students shall learn as to how banks and financial institutions are using AR and VR technologies in various areas such as e.g. creating a Virtual Branch, new Online Banking experience, Stock or commodity Trading Segment, Credit card outstanding view and property view and valuation in Mortgage lending business   

Quiz for New visual, virtual experience in Banking using AR and VR technologies

Quiz for New visual, virtual experience in Banking using AR and VR technologies

Segment 0 - Initial Brief on this 2021 section about the Global Open Banking Preview 02:26

This is the initial brief for this complete series of Global Digital Banking 2021 video  on Open Banking. This segment talks about the importance of open platform in business world with example of Uber open APIs and then it connects with the need of open platform in the Banking world

VIDEO SEGMENT A - WHAT IS OPEN BANKING Preview 02:12

This "Segment A" lecture gives very brief idea on the details of open banking with a simple use case as an example. 

VIDEO SEGMENT B- HOW WAS THIS STRUCTURED OPEN BANKING INITIATED ON OUR PLANET. Preview 02:55

This Segment B talks about, how this structured and well-defined initiative of Open Bankng Initited by European Parliament in 2015.  This segment also gives the history of Open Platforms, APIs usage in the global industry since last 25 years.

VIDEO SEGMENT C- FEATURES, FUNCTIONALITIES AND OPPORTUNITIES OF OPEN BANKING Preview 12:45

This Segment C talks about the Features, functionalities and possible opportunities of open banking for any bank, financial institutions, fintech world or any third party institutions. 

VIDEO SEGMENT D- OPINIONS OF EXPERTS ABOUT OPEN BANKING Preview 02:40

This Segment D gives the views of various banking and finance industry experts about the open banking evolution in the global arena. 

VIDEO SEGMENT E - LIMITATIONS OR PROBLEMES FACED IN OPEN BANKING EARLY 2021 VIEW Preview 04:10

This Segment E describes various limitations or problems or criticism faced in the open banking implementation and adoption, as of early 2021.

VIDEO SEGMENT F - MATURITY OF MANY GLOBAL BANKS WITH EXAMPLES Preview 01:04

This Segment F describes about the maturity of the multiple global banks across many countries with quadrants defining functionality Vs the customer experience.

VIDEO SEGMENT G - CASE STUDIES AND USE CASES Preview 03:57

This segment G talks about the interesting case studies and use cases of the Open banking initiatives. In fact this lecture gives a good view of efforts by many fintech companies and banks.

VIDEO SEGMENT H - STATUS OF VARIOUS COUNTRIES AND OUR CONCLUSION ON THIS TOPIC Preview 04:01

This Segment H gives details about the status of various countries in adopting this open banking either through internal regulations or via market forces.  As this is the concluding video, we have also given our views on this topic. Finally, we have done a recap of all the topics covered in this Global Digital Banking - 2021 Open Banking Section.

Online Payment Industry - Some useful learning Preview 11:24

Details on online payment processing lifecycle, Various players in the online payment industry, Online payment lifecycle from E-commerce Merchant's view, Payment Gateway, Role of Payment processors.