Future of Banking: Technology, Trends, and Transformation

IN THIS COURSE

• 1.  Future of Banking: Technology, Trends, and Transformation
  57s
  Banking fundamentals have been affected by globalization, regulation, and technology. In this video, you'll discover the key concepts covered in this course. FREE ACCESS
• 2.  Understanding the Basics of Banking
  2m 23s
  Banks play a crucial role in the economy by providing financial resources for investments, new ventures, and education. In this video, you'll learn about the two main categories of banking: commercial banking and investment banking. You'll also discover how analytics literacy enhances decision-making, operational optimization, and innovative processes in the banking sector. FREE ACCESS
• 3.  Key Industry Drivers
  4m 34s
  The banking industry is shaped by four major forces: economic conditions, globalization, technological advancements, and national regulations. In this video, you'll learn about the impact of the 2007-2009 global recession on banks and the measures taken to stabilize the industry. You'll explore how globalization drives banks to expand beyond geographic boundaries and you'll delve into the transformative role of technology in banking. Finally, you'll learn about the importance of national regulations in maintaining financial stability and preventing excessive risk-taking, with a focus on key legislative measures like the Dodd-Frank Act. FREE ACCESS
• 4.  Navigating the Dynamic World of Banking and its Business Model
  4m 25s
  Different types of banks have unique roles within the banking industry. In this video, you'll explore the four main sectors – retail banks, commercial banks, investment banks, and central banks – and learn about the specific services each provides. Additionally, you'll delve into the banking industry's business model, exploring how banks generate profit and how their roles have evolved over time. You'll also learn about the impact of new financial institutions and instruments on traditional banking practices and the importance of adapting to remain successful. FREE ACCESS
• 5.  The Future of Banking: Embracing Technology and Consumer Trends
  3m 44s
  The banking industry is evolving with technology and changing consumer preferences. In this video, you'll learn about the shift toward online and mobile banking, the rise of banking services from nonbanking companies, the increasing trend of cashless purchases, and the challenges posed by rising consumer debt levels. The video will also highlight the importance of security in digital banking and the impact of these trends on traditional banks. FREE ACCESS
• 6.  Navigating Banking Challenges
  5m 25s
  The banking industry is an evolving landscape, driven by technology, fintechs, and nonbanks. In this video, you'll explore the main challenges banks face, including regulatory pressures, accessing emerging markets, courting customers, reducing costs, improving risk management, and coping with competition from nonbanking sectors. You'll learn how banks are adapting to these changes to remain competitive and profitable. FREE ACCESS
• 7.  Futureproofing Banking: Strategies and Tech Innovations
  5m 52s
  Banks need to employ some key strategies to overcome challenges and the impact of digital transformation on the banking industry. In this video, you'll learn about the importance of active participation in changing the banking system, the benefits and drawbacks of outsourcing, and the necessity of maintaining technological innovations. Additionally, you'll discover how digital transformation – including technologies like robotics, artificial intelligence, and cloud processing – is revolutionizing banking. FREE ACCESS
• 8.  Course Summary
  51s
  In this video, you'll review and reflect on what you've learned in the course Future of Banking: Technology, Trends, and Transformation. FREE ACCESS