Digital Banking Pune mba Third Sem

Syllabus

SE FIN - 05: Digital Banking

Unit 1: Introduction to Digital Banking: Concept, Advantages, Products, Significance, Development of Digital Banking, Distinct Functionaries/Dimensions of a Digital Bank, Customer Education for Digital Banking, Role of Digital Banking in Economic Development, Financial Inclusion.         (6+1)

Unit 2: Digital Banking Products: ATMs, Instant Money Transfer Systems, Proprietary, Brown Label and White Label ATMs, ATM Network Planning – Onsite / Offsite, Security and Surveillance of ATM Sites, Cash Deposit Machines: Overview, Features, CDM Network Planning – Onsite / Offsite and Profitability of CDMs,
Mobile Banking: Overview and Brief History, Product Features and Diversity, IMPS, Profitability of Mobile Banking, Risk Management and Frauds, Internet Banking: Product Features Corporate and Individual Internet Banking, Integration with E-Commerce Merchant Sites, Back End Operations and Technology.            (8+2)

Unit 3: Branchless Banking: Objectives, Introduction, Financial Inclusion – Logic and Logistics, Vehicles for Financial Inclusion, Business Correspondents / Business facilitators, Digital Banking Products for Financial Inclusion, Payment Banks, Fintech Companies.

(8+1)

Unit 4: Payment System: Overview of Global and Domestic Payment Systems, Immediate Payment Service (IMPS), National Unified USSD Platform (NUUP) and UPI, Participants in UPI, Benefits to Participants, National Automated Clearing House (NACH) Aadhaar Enabled Payment System (AEPS), e-KYC, Cheque Truncation System (CTS), National Financial Switch (NFS), ATM, RTGS, NEFT, ECS, MICR.

(8+2)

Unit 5: Innovation and Banking: Innovative Technologies in Banking: Artificial Intelligence, Machine Learning, Big Data, Block Chain,
Forex Settlement.                                                                       (8+1)