Digital banking payments and other Fintech payments

This course helps to understand about various nuances in fintech and digital banking

Fintech refers to the use of advanced technology to provide financial services to consumers and business — from buying and selling cryptocurrency, to authenticating electronic payments. Fintech has made significant inroads into many financial service sectors, including payments, lending, investment, insurance and real estate

What you’ll learn

  • Digital payments, and fintech payments.
  • Card Basics like card processing fees ,virtual cards,commercial cards.
  • Basics of banking like SWIFT,LVPS,MICR,USSD,Two factor Authentication(2 FA).ISO 20022.
  • credit card terminologies like plan ,current balance ,open to buy, delinquency, billing cycle, batch processing etc.
  • Miscellaneous like LEI, Recurring payments,Push and Pull transactions.

Course Content

  • Introduction –> 1 lecture • 2min.
  • Cards –> 5 lectures • 29min.
  • Recurring Payments –> 1 lecture • 10min.
  • ON US transactions and OFF US transactions –> 1 lecture • 4min.
  • MICR –> 2 lectures • 2min.
  • 3.Two factor Authentication-2FA –> 2 lectures • 5min.
  • ISO 20022 –> 1 lecture • 1min.
  • SWIFT –> 2 lectures • 3min.
  • LEI –> 2 lectures • 4min.
  • Prepaid Payment Instruments(PPI) –> 1 lecture • 7min.
  • Miscellaneous –> 2 lectures • 7min.

Digital banking payments and other Fintech payments

Requirements

  • Basic interest to know about digital banking.

Fintech refers to the use of advanced technology to provide financial services to consumers and business — from buying and selling cryptocurrency, to authenticating electronic payments. Fintech has made significant inroads into many financial service sectors, including payments, lending, investment, insurance and real estate

The payment market will continue to grow propelled by several new trends. One of them is that what used to require an archaic checkout experience is now being embedded as an instant payment feature into everything from food delivery and ride-hailing apps to entertainment, travel, wellness, gaming, and education apps to the point that consumers often don’t notice the payment at all.

For many fintech companies, the opportunity lies in being able to hone in on a key area of the market and take the friction out of the payment relationships within.

Digital Banking is the automation of traditional banking services. Digital banking enables a bank’s customers to access banking products and services via an electronic/online platform. Digital banking means to digitize all of the banking operations and substitute the bank’s physical presence with an everlasting online presence, eliminating a consumer’s need to visit a branch.

If an individual has access to a stable internet connection and an internet-enabled smart device, digital banking has a lot to offer.

Please go through the course thoroughly before purchasing

The contents of the course are :

1.MICR
2.LEI

3.LVPS
4.RTGS

5.SWIFT

6.SWIFT GPI

7.Card processing fees

8.Basic card terminologies

9.Virtual cards

10.Commercial cards

11.2 Factor authentication

13.Prepaid Instruments

14.Recurring payments

15.Push transaction

16.Pull transaction

17.ISO 20022