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Banking and Digital Banking Fundamentals
Rating: 4.2 out of 5(12 ratings)
313 students

Banking and Digital Banking Fundamentals

Explore core banking principles, digital transformation, fintech innovation, cybersecurity, and the future of financial
Created byMayfair Real Estate Institute
Last updated 5/2025
English

What you'll learn

  • Define the core functions of traditional banking and the role of banks in the financial system.
  • Explain how digital banking is transforming the industry through technology and innovation.
  • Compare different banking products and services, including loans, deposits, and payment systems.
  • Understand regulatory frameworks, cybersecurity concerns, and the future of banking in a digital economy.
  • Analyze the impact of fintech companies and neobanks on traditional banking models and customer expectations.
  • Learn how mobile apps, AI, blockchain, and APIs are used to enhance digital banking experiences.

Course content

4 sections • 26 lectures • 1h 54m total length

  • What is Banking?6:15

    Banking powers the economy through deposits, loans, and transactions. Retail, commercial, and investment banking support individuals and businesses while central banks regulate money and stability.

  • The History and Evolution of Banking4:13

    Trace the history and evolution of banking from ancient Mesopotamia to modern digital finance, highlighting central banks, gold-backed systems, blockchain, Bitcoin, fintech, and DeFi.

  • How Banks Make Money6:03

    Learn how banks profit from net interest margin and interest income by balancing deposit and loan rates, while earning from fees and investments in government bonds, forex, and commodities.

  • How Do Banks Create Money?3:49

    Banks create money through fractional reserve lending, turning deposits into loans while keeping only a fraction as reserves. Central banks regulate reserve requirements to maintain liquidity and financial stability.

  • How Banks Interact with the Federal Reserve4:51

    Central banks regulate the money supply to stabilize the economy by using open market operations, reserve requirements, and quantitative easing to influence lending and inflation.

  • Reserves and the Money Creation Process3:20

    Explore how bank reserves, including required and excess reserves, regulate the money supply through the fractional reserve system and lending that creates money, illustrated by the reserve requirement formula.

  • Regulatory Bodies Governing Banks4:10

    Explore how the Basel committee on banking supervision and the Financial Stability Board set Basel accords, capital and liquidity standards, and risk management to safeguard deposits and stability.

  • Resource: Finance & Real Estate Career Roadmap0:19
  • Quiz: Foundations of Banking

Requirements

  • No prior banking or finance experience needed this course is designed for complete beginners.
  • Basic computer and internet skills are helpful for accessing digital tools and platforms.

Description

In today’s rapidly evolving financial landscape, understanding both traditional and digital banking is essential for anyone pursuing a career in finance, business, or fintech. This course, Foundations of Banking and Digital Banking, offers a comprehensive introduction to the principles, functions, and transformation of banking in the digital era.

You’ll begin by learning the core functions of traditional banking, including deposit-taking, lending, and payment processing. From there, we’ll dive into the evolution of digital banking, examining how technology, mobile apps, fintech startups, and blockchain are reshaping financial services and disrupting traditional models.

The course also covers key topics such as banking products and services, regulatory frameworks, cybersecurity challenges, and the impact of neobanks, APIs, and digital currencies. You'll gain insight into how digital innovation is enhancing customer experience, improving operational efficiency, and creating both new risks and career opportunities in global finance.

By the end of this course, you’ll be able to evaluate digital banking strategies, and understand how banks are adapting, and explore the future of financial services and innovation. Whether you're a student, career starter, jobseeker, or finance professional, this course will give you the industry-relevant knowledge and confidence to grow your career in modern banking and digital finance.

Who this course is for:

  • Students and career changers interested in starting a career in banking or financial services.
  • Finance or business professionals who want to understand digital banking transformation.
  • Entrepreneurs and tech enthusiasts exploring the future of fintech and financial innovation.

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