Fintech 101 at Badir Program

Fintech Concept.

Simply, using technology as a medium for financial solutions, where it becomes faster and less cost.

Fintech is not a new concept, but part of today's rapid evolution.

The Evolution 🤖 Started from the pre-digital Era to the Mobile Era to the next generation of Fintech (Artificial intelligence, Blockchain, Robotics, Internet of things, and Sharing economy).

Historic example of Fintech Products:

ATM ➡️ Credit card ➡️ POS ➡️ Mobile banking.

✔ The Acceleration in Fintech is rapidly increasing.

🔶️ Different types of companies are entering Fintech.

✔ Banks
✔ Tech Cos (Google, Apple and Facebook)
✔ Fintechs (Revolut and SoFi)
✔ Other Sectors (Etisalat and Majid al Futtaim)

🔶️ Fintech covers every area of Financial Services such as:
🔹️Lending and Finance.
🔹️Personal Finance.
🔹️Capital Markets.
🔹️Insurance.
🔹️Payment and currency exchange.
🔹️Banking and Banking Infrastructure.
🔹️Regulation and Risk Management.

🔶️Digital Banking and Lending:

✅ B2C (Debit and Credit) Servicing the underbanked.
✅ B2B (Debit) Bank accounts for Startups.
✅ B2B (Credit) Corporate Credit Card.

2 Maximize your Fintech Productivity at Microsoft

🔶️ Microsoft Focuses on delivering their tools from Banking Sectors to Startups in Fintech.

🔵 So, if you're interested in knowing more about tools that will help you to Collaborate and Launch your product, here you will find what Microsoft provides.

✅ Microsoft Azure. https://azure.microsoft.com/en-us/

✅ Microsoft Team. https://products.office.com/en-us/microsoft-teams/group-chat-software

🔹️Building a capability with tools to Communicate and Schedule the Teamwork to cover from Startups to Large companies in Fintech.


3 Create and Code your Fintech at Microsoft

✅ Microsoft Azure DevOps. https://azure.microsoft.com/en-us/services/devops/?nav=min

🔹️Azure DevOps covers the way the company launches its Products including methodologies such as Agile and Scrum. And how to increase the performance and the right time to Deployment in the markets.

🔵 Tracking Deployment to Production Process:
✔ Canary. (Internal Users)
✔ Smallest external data center.
✔ Largest external data center.
✔ International data centers.
✔ All the rest.

🔶️ Example of Solutions:

🔹️ Insurance
✔ B2C Aggregator
✔ Bussiness Insurance
✔ Private Ownership

🔹️RegTech
✔ Know your Customer (KYC) & Fraud Prevention
✔ AML / Compliance
✔ Private Ownership

🔹️Capital Markets and Wealth Management
✔ Robo-Advisory-Betterman
✔ Brokerage - Robinhood
✔ Crowdfunding