SINGAPORE, November 7, 2024 /PRNewswire/ — At GFI’s Network and Partner Appreciation Evening, the Global Fintech Institute (GFI) launched the Chartered Fintech Associate (CFtA) certification and signed a Memorandum of Understanding with Banking and Financial Services Union (BFSU), a trade union affiliated to the National Trade Union Congress (NTUC) and the Employment and Employability Institute (e2i) of the NTUC. The launch of the certification aims to meet the growing demand for foundational fintech learning and support professionals in improving their skills and advancing their careers in the finance and fintech sectors.
Supported by more than 100 industrial and academic partners, CFtA certification delivers market-relevant skills adapted to the evolving needs of financial services. With more than 500 training places for students and higher education professionals eligible to receive CFtA scholarships, this highlights the value of certification and the growing demand for fintech talent to strengthen that of Singapore financial sector. The partnership with NTUC will also support the development of a robust support system for SMEs in the evolving fintech landscape, encouraging more SMEs to join BFSU.
“Equipping talent with fundamental fintech knowledge is essential to supporting innovation in that of Singapore dynamic financial landscape. Certifications such as the Chartered Fintech Associate (CFtA) from the Global Fintech Institute ensure a steady pipeline of savvy fintech professionals who can navigate changing industry standards with integrity, strengthening that of Singapore position as a global leader in fintech, “ said Mr. Sopnendu Mohanty, Group CEO Designate, Global Finance and Technology Network (GFTN).
“Fintech is evolving rapidly, driven by revolutionary technological advances that require a new and agile approach. The Chartered Fintech Associate (CFtA) certification empowers professionals to navigate this new era of financial innovation, combining essential skills with future-focused perspectives. a global talent pool to lead and adapt to fintech transformation, ensuring today’s professionals are prepared for tomorrow’s dynamic challenges, “ said the teacher David Leefounding president of the Global Fintech Institute.
Meeting industry needs with market-relevant skills
The CFtA is an entry-level certification that develops fundamental financial technology expertise and serves as a pathway to the advanced Chartered Fintech Professional (CFtP) certification. Developed with the contribution of more than 100 industrial and academic partners, it meets the demand for qualified talent to meet regulatory and technological challenges. Open globally to candidates with a GCE A-level certificate, polytechnic diploma or associate degree, the CFtA program covers essential fintech topics including digital payments, Web3, AI, sustainable finance and regulatory compliance.
Main features of the CFtA certification program
- A comprehensive, future-oriented body of knowledge: Evaluates participants on a wide range of fintech topics, including the evolution of fintech and the emerging innovations that are shaping the future of the sector.
- Understanding of regulatory and compliance frameworks: Assesses candidates on their knowledge of global regulatory frameworks, focusing on key fintech hubs and emerging markets.
- Ethics and responsible innovation: Emphasizes ethical decision-making and responsible innovation, enabling candidates to align their actions with regulatory standards and sustainable business practices.
- Practical application through case studies: Real-world scenarios integrated into the exam test participants’ ability to apply their fintech knowledge in business contexts, fostering industry-specific problem-solving skills.
Who should enroll in the CFtA certification program?
- Current financial professionals: Those who wish to understand the latest developments in the financial sector.
- Start of career and new entrants: People without prior experience in finance or fintech seeking positions in the finance or fintech sector.
- Mid-career professionals: Those looking to transition into the fintech industry.
The launch of the CFtA program and new partnerships reflect GFI’s commitment to advancing fintech education and fostering inclusive learning opportunities. The program aims to develop future-ready talent, equipping professionals with the knowledge and skills needed to thrive in the evolving financial technology landscape.
About the Global Fintech Institute
The Global Fintech Institute (GFI) is a nonprofit think tank and certification organization dedicated to advancing fintech education, fostering meaningful collaboration, and promoting professional excellence within regulatory bodies, businesses and academic institutions. Based in SingaporeGFI addresses key challenges in the fintech landscape through rigorous research, white papers and thought leadership that influence policy and set industry standards.
Our key areas:
- Professional certification of fintech talents
- Accreditation of fintech education programs globally
- An international platform for certified fintech companies, investors and talents
LEARN: a flexible platform for exam preparation
Participants preparing for the CFtA exam will have access to interactive resources via LEARNGFI’s new online learning management system. The platform offers on-demand courses, study materials and progress tracking tools, allowing candidates to prepare for exams at their own pace. LEARN is designed to accommodate both working professionals and newcomers to the fintech industry, ensuring flexibility and accessibility to all participants worldwide.
SOURCE Global Financial Technology Institute
