Certified Expert in Digital Finance

Frankfurt School of Finance & Management

Frankfurt School of Finance & Management

Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Read more about Digital Transformation

Digital transformation is the process of adopting and utilizing state-of-the-art technologies in order to boost business activity, improve safety, and...

Read more about Fintech

The modern world of finance is changing rapidly, and such terms as “artificial intelligence”, “blockchain” and “biometrics” are no longer referred to ...

Read more about Information Technology

Information technology is at the heart of any process connected to utilizing computers and communication systems. It is a quite broad term that is use...

Read more about Marketing

Marketing courses will plunge you into the vast field of marketing. In these courses, you will learn a variety of topics that cover each stage of runn...

Reviews

Comprehensive course analysis

Unbiased reviews from past participants
Global companies alumni of this course worked for
Positions of participants who took this course
Countries where most past participants are from
FREE
Individual needs analysis

Who should attend

Microfinance practictioners, MFI managers, consultants, donors, MNO's, Retail and SME banks, Fintechs, Regulators and supervisors.

About the course

Digital finance offers a transformational solution for financial inclusion. Powered by the mobile phone, new data and technological innovations, it has become affordable and convenient for unbanked customers to access and use formal banking services. While new technological developments and financial players bring tremendous opportunities, the emerging landscape is also becoming more complex and is putting increasing pressure on traditional providers to go digital.

In our new online course on Digital Finance you will learn about the emerging digital landscape as well as the new market participants and products that have disrupted the market. By taking the course, you will be enabled to successfully deploy digital technologies in your institution and leverage digital financial services (DFS) in your target markets.

What Do We Offer?

  • Seven units including video lectures, a PDF script laying the theoretical foundation, examples, practical exercises, online tests and case studies.
  • A discussion forum for course related issues as well as for exchange of opinions and experiences with peers, tutors and the FSDF e-Campus team.
  • Personalized support from your e-Campus.
  • The option to obtain a Frankfurt School Certificate after passing the final exam or a confirmation of course completion after completing the course.
  • An international network of institutions hosting our final exam all over the world.

Course Details

Course Objectives

On successful completion of this course, participants will have a thorough understanding of principal concepts and theories in Digital finance, i.e. they will be able to:

  • understand the underlying technologies behind Digital Finance
  • understand the current trends in Digital Finance from all over the globe
  • differentiate between the different products available in digital finance
  • understand the regulatory landscape for digital finance services
  • build a customer centric product

Suggestions & Recommendations

This course gives you the flexibility to decide on the timing and pace of your learning experience. However we will provide you with recommendations for you to take as much as possible from this course.

Your schedule: We will provide you a course schedule including voluntary and mandatory deadlines. The course schedule serves as a guideline for your personal learning schedule and will help you complete the programme within the given time frame.

Exercises: Even though the exercises in the script are not mandatory we strongly advise that you use them as an opportunity to check your knowledge and to prepare for the final exam.

Networking Opportunities: Use the forum to introduce yourself to your peer participants and to start interesting discussions.

Unit 1: The Digital Finance Ecosystem

The first unit will give you a general introduction to digital finance for financial inclusion. You will learn about the development of finance and technology in recent history, major technological trends and stakeholders in the ecosystem. The unit also covers critical success factors for DFS to tap their full potential for financial inclusion. What’s more, it explains the role of the regulator in guiding and supervising the digital ecosystem

Unit 2: New Technologies

New technologies are the driver of the digital finance revolution. The unit is designed to introduce you the main new technologies that create significant impact. From blockchain over biometrics to artificial intelligence you will learn about the concepts and functionality of those technologies. You will learn how these technologies are being used to provide services, how they work and where the opportunities and challenges are.

Unit 3: Digital Payments and Remittances

Digital payments are an essential vehicle on the road to financial inclusion. They can occur through various channels, such as debit cards, ATMs or the internet. Yet, the mobile phone presents the greatest opportunity to reach the unbanked population. Mobile payments, mobile money and agent banking models are reaching millions of unbanked people providing them with tools to grow their business with financial services.

In this unit, you will learn about the concept of digital payments, its infrastructure, different payment models and technologies involved. You will deal with various forms of digital payments, including innovative payments solutions that helps to tackle some the most pressing challenges in development, such as access to energy.

Unit 4: Digital Products beyond Payments / Savings, Credit and Insurance

DFS need to go beyond payments. To reach sustainable financial inclusion other fields of financial demand need to be covered, too. The missing access to lending solutions is limiting MSMEs in their ability to run and grow their business properly. New financial service providers not only reinvent the distribution channel for lending services, they also reinvent loan scoring and credit analysis.

Another field of demand is digital savings and investing. Without access to those services, it is impossible for the unbanked to manage savings for retirement or unexpected expenses. Here DFS provider reinvent how insurance services for particular problems can be designed in order to provide a useful digital product solution.

Last but not least the technology impact is significant for the investment management industry. Investment solutions become digital, more effective and less costly.

Unit 4 will introduce you to each business field and explain how new provider and technologies reinvent financial services in this new ecosystem.

Unit 5: Strategic Management of Digital Financial Services

The financial inclusion landscape is changing rapidly, with new technologies, players and business models emerging at an incredible pace. Traditional players, like microfinance institutions, can no longer afford to watch and wait. They have to leverage into the future and select the right digitization strategy in order to increase their client outreach and deliver a wide range of financial services via new channels.

The unit takes you through the process of selecting and implementing the right strategy to go digital, from product development and technology selection through to applying the right distribution and marketing strategy. You will also learn about the risks related to digital financial services and how to address them adequately.

Unit 6: Regulation and Supervision in Digital Finance (Elective)

Financial markets need regulation in order to achieve a trustable and stable financial system for the economy. Compliance with these regulations is key in order to succeed with new business models in Digital Finance. This unit will give you an introduction to different supervision models and risks involved in new business models. From consumer protection schemes to regulations on anti-money laundering you will learn how the regulatory framework is designed and what methods are available in order to achieve compliance. Regulators themselves also leverage new technologies for more efficient supervision. The impact of Regtech and regulatory sandboxes will be also covered.

Unit 7: Customer Centric Product Design (Elective)

The emergence of digital financial services has provided access to millions of hitherto unbanked customers. Yet, usage of these new products often remains low, due to one-size-fits-all solutions that customers struggle to understand and use. In order for DFS to tap the full potential for financial inclusion, products need to be customer-centric. Providers need to develop a deep understanding of their client’s needs, preferences and behaviour and build products based on that notion.

Unit 7 will facilitate that process. You will learn how to design digital financial services and be able to offer solutions that meet the actual needs of your target clients. The unit takes you through a systematic development process from generating customer insights, through to designing and implementing customer-centric digital products and services.

Experts

Christian Hecker

Emerging markets are the growth engines of our today´s global markets. Christian Hecker studied in Germany and at Zhejiang University in China. He was based in Singapore and China where he worked on strategic projects and opened a branch for German leading SME bank in China. After returning to Ge...

Tara Lacey

Ms. Tara Lacey a Digital Financial Services and Fintech Expert with more than 15 years in developed and emerging markets. She currently is the Customer Success Lead for Mambu, a fintech providing a SaaS cloud banking platform. Formerly, she was the Director of Consulting at Software Group. On b...

Videos and materials

Certified Expert in Digital Finance at Frankfurt School of Finance & Management

From  EUR 1 550$1,879
Add coaching to your course booking

Coaching can personalize and deepen learning for you and your organization.


Something went wrong. We're trying to fix this error.

Thank you for your application

We will contact the provider to ensure that seats are available and, if there is an admissions process, that you satisfy any requirements or prerequisites.

We may ask you for additional information.

To finalize your enrollment we will be in touch shortly.

Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Read more about Digital Transformation

When it comes to imposing digital frameworks and technologies, whether you’re trying to optimize particular units or the entire organization, you need to minimize the collateral damage in order to have a greater effect. However, it's not always that ...

Read more about Fintech

Fintech courses mainly focus on groundbreaking technologies and frameworks that create a notable impact on the world of finance. What is more, training courses are not only rooted on theory but also provide practical approaches and examples of going ...

Read more about Information Technology

A large part of the courses provides basic information so the students are not required to have any IT qualifications before enrolling. Most of the IT learning programs are also broken down into specific areas of interest, such as systems analysis, a...

Read more about Marketing

During Marketing courses, you will learn how to develop a business idea and create the right website to promote your product. You will gain the skills to analyze your business performance and make key decisions that improve the efficiency of your bus...

Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.

We are happy to help you find a suitable online alternative.