Dr. Sreenivasan, Director General of Human Resources, IREDA, World Fintech Council, at the inauguration of the Fintech Innovation Centre at the University of Kuala Lumpur on Wednesday. | Photo Credit: KVS Giri
Financial technology (Fintech) is creating new job opportunities and projects not just for the financial sector but for every segment, from consumers to financial institutions and new entrants to regulators, said Sreenivasan Poornaiya, board member, Fintech Council Of India (FCI).
Addressing students at KL Deemed to be University after the inauguration of a Fintech Innovation Lab set up on campus on July 31 (Wednesday), he said fintech offers many opportunities for governments, from improving the efficiency and competitiveness of their financial systems to expanding access to financial services, thereby creating new jobs for engineering graduates. “It is a new technology that aims to improve and automate the delivery and use of financial services,” he said.
KL Deemed University Vice-Chancellor Parthasarathi Varma said that recognising the fact that modern technology is innovating, the institution has integrated fintech with computer science and MBA courses. He said that over 500 students of the university have been awarded the World Fintech Council Certificates and Badges of Excellence along with internship in various Fintech courses offered by the Fintech Council of India.
Pro-Chancellors AVS Prasad, K. Rajasekhara Rao and N. Venkat Ram, Registrar K. Subbarao, Dean Skill Development and Student Progression A. Srinadh, Dean Placement NBV Prasad, Managing Director KL Haribabu and others were present.