Modern Banking Practice Exam

Modern Banking refers to the new age banking service which has evolved due to digitalization, mobile and internet technology with customer focus in center. It includes online and mobile banking, electronic payments and innovative financial services, while complying to regulations and addressing risks. Modern Banking involves using blockchain, artificial intelligence, and data analytics for increased efficiency, security, and customer experience.

Certification in Modern Banking certifies your skills and knowledge in banking practices and using latest technologies.  The certification assess you in digital transformation, risk management, financial analytics, and customer engagement.
Why is Modern Banking certification important?

• The certification validates your skills and knowledge of advanced banking practices and technologies.
• Shows your skills in in digital transformation and customer focused banking.
• Attests to your understanding of compliance and regulations.
• Improves your career prospects in the new age banking.
• Attests to your knowledge of cybersecurity and risk management.
• Verifies your capabilities to adopt fintech and innovative tools.

Who should take the Modern Banking Exam?

• Banking Operations Specialists
• Relationship Managers
• Financial Analysts
• Risk Management Officers
• Compliance Officers
• Digital Banking Specialists
• Business Analysts in Banking
• Investment Bankers

Skills Evaluated

Candidates taking the certification exam on the Modern Banking is evaluated for the following skills:

• Understanding of modern banking concepts and technologies.
• Proficiency in digital and mobile banking platforms.
• Knowledge of fintech and blockchain applications in banking.
• Skills in customer engagement and experience strategies.
• Expertise in risk management and regulatory compliance.
• Analytical skills in financial data and decision-making.
• Awareness of cybersecurity measures in banking operations.

Modern Banking Certification Course Outline
The course outline for Modern Banking certification is as below -

1. Introduction to Modern Banking

• Evolution of banking practices
• Key components of modern banking

2. Digital Transformation in Banking

• Online and mobile banking technologies
• Role of fintech in banking innovation
• Blockchain and cryptocurrency basics

3. Customer Experience in Banking

• Customer-centric approaches
• Personalization and data-driven insights
• Omni-channel banking

4. Risk Management and Compliance

• Regulatory frameworks and compliance standards
• Risk identification and mitigation strategies
• Cybersecurity in banking operations

5. Financial Analytics and Decision-Making

• Big data in banking
• Predictive analytics and AI in finance
• Financial forecasting tools

6. Emerging Trends in Modern Banking

• Green banking and sustainability initiatives
• Open banking and APIs
• Trends in investment banking and wealth management