UK EU MENA WAT GCC time zones
CPEs: 24
Instructor: Dennis Cox
Level: Intermediate
Tuition: £3,495.00
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NEW Bank Strategies for Crypto and Digital Currencies SDIT500

Location: UK EU MENA WAT GCC time zones

First Date: Nov 20 - 22 2023

Duration: 3 days

Programme Director: Dennis Cox FCSI FRISM FCA AIIA BFP

All Dates & Locations
Venue Details

Experience the highly-interactive expert-led social learning through Virtual Classroom via Cisco WebEx from Risk Reward.

All our 2023 Virtual and Face-to-Face Classroom events feature shared (or discrete) live chat between delegates and the expert, participate in topical surveys, polling questions, group exercises and case studies for a tried -and- true engaging and gratifying learning experience.

Need to bring this course in-house and/or at your location anywhere worldwide for any sized group or 1:1 tutorial? Simply contact us for a prompt and courteous reply offering significant cost savings and dates to meet your specific requirements.

"Made us think in ways we hadn't before. "
US Insurer, New Jersey USA
Agenda Highlights

Session 1:  The Developments in Crypto and Digital Currencies

Session 2:  The Future of Retail Banking

Session 3:  Distribution Channels & Technology

 Session 4:  Cryptocurrencies and Digital Banking

Session 5:  Controls over Digital Banking

Session 6:  Change and the Future



"[I have a] better understanding for the risk management principles for electronic banking and the differences between mobile banking and digital banking and how to approach the transformation."
Risk manager, commercial Bank, Cyprus

Customers are increasingly using digital channels to obtain their banking products.  This has created challenges for existing firms as well as opportunities for new entrants.  This course considers what is happening in these markets as well as the implications for new and existing market participants.  Focussing on the control and risk environments it also reviews the strategy and goals that will be impacted.

The course considers the strategy of new currencies and how banks will change to meet new challenges and opportunities which arise as a result of new payment products and their underlying technologies.

Delegates will learn the model for retail and for digital banking as well as the control environment.

Main regulations are also considered as well as the change that is now impacting strategy and approaches. Bitcoin and other cybercurrencies as well as Blockchain and its role are also addressed


"Very interesting topic which has been delivered by a qualified person. We have acquired a very valuable knowledge."
Compliance officer, commercial bank, Cyprus
Who Should Attend
  • Internal control and risk management
  • Branch management and executive
  • Internal audit
  • Executive management
  • Planning and strategy

Additional Course Information

What Does It Cover?

The Developments in Crypto and Digital Currencies 

  • The current state of development
  • BIS paper – Central Bank digital currencies (2021)
  • The market for crypto currencies and market participants
  • Regulatory considerations
  • The development of digital currencies and their impact
  • BOE paper – new forms of digital money (2021)
  • The role of Central Banks
  • House of Lords paper – Central Bank digital currencies – a solution in need of a problem? (2022)
  • How will this change the way payments are made?
  • US Fed paper – pros and cons of a US digital currency (2022)
  • What is the challenge for a market participant? 

The Future of Retail Banking 

  • ECB paper – present and future of money in the digital age (2021)
  • What opportunity does crypto and digital currency provide to a retail bank?
  • Delivery mechanisms and products
  • Costs versus service
  • Impact upon structure and governance
  • Retail outlets options
  • New product providers and their services
  • Cross border banking and new products
  • Visa Crypto Advisory Service
  • What does this mean for a bank? 

Distribution Channels & Technology 

  • How are your services delivered?
  • What are the digital and crypto alternatives
  • What might new companies offer?
  • Wat does this mean for your strategy?
  • The future
  • Where are the opportunities?  

 Cryptocurrencies and Digital Banking 

  • Mobile banking v digital banking
  • Structure and governance of a digital bank
  • E-Banking Innovation, Trends & Directions
  • The transition to E-Banking
  • Risk Management in E-Banking
  • Risk management principles for electronic banking
  • Operating Strategies & Management Models
  • Customer expectations
  • Where does this leave the bank? 

Controls over Digital Banking

  • The Board, governance and the changing strategy
  • Systems, reporting and controls
  • Manging the impact of crypto and digital currencies
  • Cyber security
  • Modelling and managing risk
  • The difference to a digital bank
  • Penetration testing
  • Market expectations
  • Are we ready for crypto and digital banking?

Change and the Future 

  • What does a Board need to decide upon
  • The nature of the project
  • The business impact
  • What are banks doing now?
  • The future.
  • How will we maintain an agile strategy?
  • What are the final lessons for a bank?




Learning Objectives

By the completion of this course attendees will have gained an understanding of the impact that crypto and digital currencies will have on a bank and what a bank will need to do to respond, specially

  • The role of digital and crypto currencies
  • The market new entrants and their products
  • The market size and direction
  • The development of digital central bank currencies
  • The impact that these have on a bank
  • Systems of management and control
  • The likely direction of change

Delegates who complete the course will receive a Certificate with equivalent CPD/CPE credits via email; and for those who require an assessment as a demonstration of competency via training a 20 multiple-choice questions/4 answers quiz, remotely invigilated with results report and 1 resit is available included at no additional charge.

Social Learning & Methods

Highly interactive expert-led intensive presentation, Q&A, group real-time in-depth case studies, regulation and discussion supported by key principles and theory. The virtual learning platform uses safe, industry preferred encrypted Cisco WebEx to optimize live face-to-face visual interaction, discrete chat, for polling and quizzes.

(An invitation via email with access link is included for all participants.)


NEW Bank Strategies for Crypto and Digital Currencies

Course Fee

Apply the RISK10 discount voucher at check out for savings before Feb 15 2023

Course Fee (per person):
GBP £3,495.00 (+ UK VAT when applicable)

Number of delegates:

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