Certificate in Digital Banking

Course details

Digital Banking is the new age intervention in traditional banking which makes use of internet and mobile technology to make banking accessible and easy to use anytime any place. Digital banking has digitized and packaged banking services to be available via online or mobile platform. All banking operations and physical process of branch banking has been transformed to specific screens in a web or mobile application.

Why should one take Certificate in Digital Banking?
Digital banking is the new age banking. Digital banking has opened new avenues of hyper-growth for banking and finance professionals and students. Many Indian and international banks have launched their digital banking service like 811 by Kotak Mahindra Bank, Pockets by  ICICI Bank, Digisavings by DBS, ;

Digital banking offers a good paying job and career with huge growth. There is huge demand of digital banking professionals across the industry.

Earning Vskills Digital Banking Certification attests to candidate’s skills and  knowledge in digital banking and also helps candidate differentiate in today's competitive job market thus increasing their employment opportunities.

The certification covers :-

• Banking Basics
• Digital banking Products

Who will benefit from taking Certificate in Digital Banking
Bank branch managers, finance professionals, executives, tellers, professionals and students in finance or banking domain gain immensely from taking Vskills Digital Banking certification.
IT professionals specializing in banking or BFSI domain also can add digital banking skills to their credit for boosting their career.
 
Benefits of Certification

• Government certification
• Certification valid for life
• Lifelong e-learning access
• Learning Hours: 10+ hrs

 
How It Works

1. Select Certification & Register
2. Receive Online e-Learning Access (LMS)
3. Take exam online anywhere, anytime
4. Get certified & Increase Employability

Test Details

• Duration: 60 minutes
• No. of questions: 50
• Maximum marks: 50, Passing marks: 25 (50%).
• There is NO negative marking in this module.
• Online exam.

 
TABLE OF CONTENT

Banking and Banking Products

• Principles of Banking
• Structure of Banking
• Function of Banking
• Deposits Opening and Operations
• Deposits and Types

Digital Tech at Bank Branch

• ATM
• Cash Deposit Machine
• Cheque Deposit Machine

Cards

• Debit Card
• Credit Card
• EMV
• NFC

Digital Technologies

• Internet Technology
• Mobile Technology
• Cloud Technology

Digital Banking Basics

• Definition and Evolution of Digital Banking
• Benefits and Advantages of Digital Banking
• Key Players and Trends in the Digital Banking Industry
• Digital Banking Services and Features
• Internet Banking
• Mobile Banking

Payment Systems

• RTGS, NEFT, IMPS
• UPI
• BBPS
• RuPay

Online Banking Platforms and Mobile Banking Apps

• Account Management and Balance Checking
• Fund Transfers and Payments
• Mobile Deposits and Check Scanning
• Alerts and Notifications
• Budgeting and Personal Finance Management Tools
• Digital Wallets and Contactless Payments
• Security and Fraud Prevention in Digital Banking

Digital Compliance

• Compliance Basics
• Compliance Management
• Compliance and Banks
• Digital AML-KYC Compliance
• Data Privacy Compliance
• Foreign Exchange Management Act – FEMA Compliance

Cybersecurity

• Cyber Crimes
• Password Attack and Prevention
• Spyware Attack and Prevention
• Rootkit Attack and Prevention
• Trojans Attack and Prevention
• Computer Worm Attack and Prevention
• Backdoor Attack and Prevention
• Social Engineering and Prevention
• Phishing and Prevention
• Identity Theft (ID Theft) and Prevention
• Cyber Laws (IT Act, etc.)

Authentication Methods

• Encryption and data protection
• Two-factor authentication (2FA) and multi-factor authentication (MFA)
• Secure communication channels (, SSL, VPN)
• Anti-fraud measures and technologies
• Best practices for protecting personal and financial information
• Digital Lending and Credit Services

Data Analytics

• Data Analytics Basics
• Analytics Data Types
• Data Collection Methods
• Data Management
• Decision Models
• Problem Solving and Decision Making
• Analyze Data in Excel

New Age Banking and Finance

• BlockChain
• Crypto Currency
• Peer Financing
• AI

Online Loan Applications and Approvals

• Automated underwriting and credit scoring
• Peer-to-peer lending platforms
• Digital mortgage and home loan services
• Credit card management and payments
• Digital Investment and Wealth Management

Robo-Advisors and Algorithm-Based Investment Platforms

• Online brokerage services
• Portfolio management tools and analytics
• Automated savings and investment apps
• Retirement planning and advisory services
• Open Banking and API Integration

Introduction to Open Banking

• Application Programming Interfaces (APIs) in digital banking
• Benefits of open banking for customers and banks
• Third-party integration and collaboration
• Regulatory aspects and data privacy concerns
• Customer Experience and User Interface Design

User-centric Design Principles in Digital Banking

• Seamless onboarding and account setup
• Personalization and customization of banking services
• Omnichannel banking experience
• Enhancing customer support through digital channels (chatbots, virtual assistants)
• Regulatory Compliance and Legal Considerations

Digital Banking Personal Skills

• Critical Thinking
• Balancing Priorities
• Business Telephone Skills

Updated on 03 January, 2024