Course Description
Increasing pressure on banks’ profit margins and traditional sources of revenue, and the success of technology-driven innovations such as M-PESA in Kenya, has given rise to increased interest in Mobile Money and other Financial Technology (FinTech) applications. However, the requirement for Know Your Customer (KYC), due diligence and the risks of linking Smartphone applications to deposit accounts are still major challenges that often require local solutions.
Banks are also increasingly exploring alternatives to costly traditional bank branch models. Agency Banking can leverage the existing physical presence and local cultural empathy and language skills of potential banking agents, particularly outside major cities whilst providing a pathway for greater financial inclusion.
This course will deliver a comprehensive understanding of the opportunities and challenges involved at this new financial frontier and critically review current applications, such as the use of Blockchain in Trade Finance and the pros and cons of cryptocurrencies such as Bitcoin.
COURSE OBJECTIVES: On completion, you will be able to:
Course Structure
KEY TOPICS:
Course Provider Contact
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