Inside BFSI: Structure, Challenges, and Technology

Instructor: Board Infinity

Beginner Level • 2 weeks to complete at 10 hours a week • Flexible Schedule

What You'll Learn

  • ✓Define the key components of the BFSI sector, including its market size, segmentation, regulatory framework, and key players.
  • ✓Explain emerging trends and technological advancements in BFSI, such as digital payments, AI/ML, and blockchain, and their impact on the industry.
  • ✓Analyze strategies and best practices in the BFSI sector, focusing on customer-centric approaches, risk management, and the competitive landscape.

Skills You'll Gain

Financial Market
Banking
Innovation
Payment Processing
Financial Services
Digital Transformation
Customer experience strategy (CX)
Environmental Social And Corporate Governance (ESG)
Artificial Intelligence and Machine Learning (AI/ML)
Blockchain
Cybersecurity
Risk Management
Regulatory Compliance
FinTech

Shareable Certificate

Earn a shareable certificate to add to your LinkedIn profile

Outcomes

  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate

There are 5 modules in this course

This module will provide an overview of the BFSI sector, focusing on its size, segmentation, and regulatory framework. We'll also examine key players in the industry and the market structure, highlighting the roles of major banks, NBFCs, insurance companies, and fintech startups. This foundational module sets the stage for understanding the complexities and dynamics of the BFSI sector.

This module explores the emerging trends and challenges within the BFSI sector. We'll cover digital payments, insuretech innovations, and the integration of AI & ML in banking. Additionally, we'll discuss regulatory compliance issues such as KYC & AML regulations, data privacy laws, and cybersecurity risks. Understanding these trends and challenges is crucial for navigating the evolving BFSI landscape.

This module will delve into the technological advancements and innovations that are revolutionizing the BFSI sector. We'll cover the impact of blockchain, robo-advisors, digital fraud detection systems, and IoT in insurance. We'll also explore various innovations such as personal finance apps, microinsurance products, automated investment platforms, and AI-driven customer service.

This module focuses on the competitive landscape and best practices in the BFSI sector. We'll explore partnerships and collaborations, customer-centric approaches, differentiation strategies, and innovation in product offerings. Additionally, we'll cover risk management practices, including AI-powered fraud detection, cybersecurity frameworks, compliance solutions, and crisis management plans.

In the final module, we'll look ahead to the future of the BFSI sector. We'll discuss growth opportunities such as expansion in rural markets, AI-driven financial solutions, and sustainable finance initiatives. We'll also address challenges and opportunities related to regulatory adherence, talent acquisition, customer trust, and adapting to market disruptions.