Nirav P.’s Post

Hey, BE School! 🌟 For the Banking Industry.. Today, I want to talk about some golden practices that seasoned trainers and coaches use to empower professionals in the banking industry. From my experiences and those of my peers, here’s what truly makes a difference: 1. Interactive Learning: The banking world is dynamic, and interactive sessions help keep the content engaging and memorable. Think simulations and role-plays that mirror real-life scenarios bankers face daily. 🏦 2. Tech-Enabled Solutions: Where digital banking is king, incorporating tech tools into training sessions isn’t just beneficial; it’s essential. Using platforms for e-learning modules allows learners to pace their own progress and stay updated with the latest fintech innovations. 💻 3. Soft Skills Development: Beyond the numbers, successful banking hinges on strong client relationships. Experienced coaches emphasize the cultivation of soft skills—communication, empathy, and problem-solving—to build trust and enhance service quality. 🤝 4. Regulatory Compliance: With ever-evolving regulations, continuous education on compliance is non-negotiable. The best trainers make dry material digestible and relevant, ensuring teams not only understand but can apply regulations in their day-to-day operations. 📚 5. Feedback Loops: Creating channels for feedback during and after training sessions encourages continuous improvement and adaptation to the learners' needs, making the learning process a two-way street. 🔄 6. Mentorship Programs: Pairing trainees with experienced mentors provides them with guidance, insights, and a go-to resource for navigating complex banking challenges. 🌱 Adopting these strategies can significantly enhance the effectiveness of training programs, equipping banking professionals to thrive in a competitive landscape. I’m curious to hear your thoughts or experiences with training in the banking sector. What practices have you found most effective? #BankingIndustry #ProfessionalDevelopment #TrainingTechniques #BankingTraining #FinancialEducation#TheBESchool

This article explores the reasons behind the high demand for fintech degrees and how they combine finance and technology to unlock their full potential. From modernizing payment systems to revolutionizing investment strategies, fintech provides a lucrative career path and shapes the future of the financial industry. #iworkforComcast #Fintech #Finance #FintechDegrees https://lnkd.in/gqEQ75WR

Just completed the "How Software Ate Finance" course by Stanford University and feeling inspired to share some insights! In my article, "𝐇𝐨𝐰 𝐒𝐨𝐟𝐭𝐰𝐚𝐫𝐞 𝐀𝐭𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞: 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧," I delve into the revolutionary impact of Application Programming Interfaces (APIs) on the Indian financial sector. APIs act as the invisible hand, seamlessly integrating and enhancing financial services, thus t͟r͟a͟n͟s͟f͟o͟r͟m͟i͟n͟g͟ f͟i͟n͟a͟n͟c͟e͟ i͟n͟t͟o͟ s͟o͟f͟t͟w͟a͟r͟e͟ e͟c͟o͟n͟o͟m͟i͟c͟s͟. This shift is driving collaboration between traditional financial institutions and fintech startups, fostering innovation, and reshaping the financial landscape. Would love to hear your thoughts and feedback! #Finance #DigitalTransformation #FinTech #India #Innovation

🔔 This specialisation course by Coursera in association with Copenhagen Business School explores the changing dynamics in the fintech landscape. 👉The course also helps learners create and defend a digital transformation strategy for a company. ✅ Learn more about it here: https://lnkd.in/eYnyBEt9 #Courses #Fintech #Skills

📚 Exciting News! 🚀 I'm thrilled to announce that my paper titled "#OpenFinance: Regulatory Challenges of the Evolution of #DataSharing Arrangements in the Financial Sector" has been accepted for publication in the 5th Annual #FinTech Issue of the Banking and Finance Law Review. In my paper, I delve into the intricate regulatory models surrounding open finance. 🌐💼 I dissect various regulatory models and their adaptability across jurisdictions. Each model's desirability hinges on a multitude of factors unique to each market. As open finance and #datadrivenfinance take centre stage, it's imperative to acknowledge the risks and concerns it ushers in. 🛡️ The paper underscores the vital role regulators play in mitigating these challenges, irrespective of the chosen regulatory approach for fostering data-sharing in the financial sector. The paper also proposes actionable policy recommendations 📜🔍, aimed at sculpting a framework tailored to the nuances of open finance. I'm immensely grateful to the anynomois reviewers for the time they dedicated to my paper. Their comments were thought-provoking and incredibly useful for me to contribute to the discourse on this transformative topic. I'm also grateful to the editors of the BFLR for the thorough work in the editing process🌟. It is an honour to be part of this year's Fintech Issue given that the leading paper is authored by Iris Chiu, Professor of Company Law and Financial Regulation at UCL. For those interested in open finance, the pre-edited version of the paper is available on SSRN at the link below! Looking forward to sharing insights and collaborating with fellow enthusiasts. Stay tuned for the publication release! 📅📖 #FinTech #OpenFinance #RegulatoryInsights #FinancialSector #ResearchPublication SMU Centre for AI & Data Governance Singapore Management University SMU Yong Pung How School of Law https://lnkd.in/eieZCCw

A huge congratulations to Nydia Remolina, SMU Yong Pung How School of Law Assistant Professor of Law and Head of Industry Relations at the Centre for AI and Data Governance (CAIDG), on the acceptance of your paper for publication by the Banking and Finance Law Review! 📚 Stay tuned for the exciting publication release and for more insights on #openfinance, #fintech, #banking, #datasharing, and #datadrivenfinance.

Continuous Learning; Imperative or not? Across the Financial Services embracing continuous learning is not just a choice but a strategic imperative. The industry is evolving at an unprecedented pace, driven by technological advancements, regulatory changes, and shifting customer expectations. To stay relevant, professionals must cultivate a mindset of perpetual learning, adapting to the ever-changing terrain.   Continuous learning goes beyond acquiring new skills; it's about staying ahead of trends, anticipating market shifts, and proactively shaping one's expertise. Whether it's mastering innovative fintech solutions, navigating complex regulatory frameworks, or understanding the nuances of digital banking, the commitment to ongoing education is a cornerstone of success.   Embrace continuous learning = stay relevant, and thrive! #continuouslearning #bankinginnovation #professionaldevelopment #financeindustry

Finance & Accounting has always been connoted as a stressful job coupled by long hours of work, high work demands and tight deadlines. As we journey to apply, adopt and innovate fintech my dream is to make this connotation a thing of the past.

I got an amazing opportunity to add something to my knowledge today! Even though we learn Finance in such an easy way, the shell of the finance industry is very hard to crack. Because the industry expects an undergrad student to know the practical demonstration of academic knowledge even though most of the theories and assumptions we are taught are not an effective match for the Southeast Asian markets. Which actualizes a gap between the academic and practical world. This is not a new issue but as the digital pace is increasing the gap is being noticed more. The use of FinTech and Data Models is not included in our learning modules which diminishes the hands-on learning opportunity in the finance field. The industry as a whole is tightening its grips to hold and value the person capable of doing the job, giving rise to the term "Digitized Fintech Experts" who are the future of the finance territories.

Finastra outlines key takeaways from Sibos 2023 about the future of trade finance