Artificial Intelligence in Finance and Open Banking
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Artificial Intelligence in Finance and Open Banking

Accounting and Finance 0 live dates
No scheduled sessions found Contact us Get up to 50% Discount for Group Participants.
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Seminar content

What you will learn

Why Attend

Artificial intelligence and open banking are transforming the financial services industry by enabling more intelligent decision-making, personalised customer experiences, automated financial processes, and secure data-driven innovation. Financial institutions are increasingly using machine learning, predictive analytics, intelligent automation, and application programming interfaces (APIs) to improve operational efficiency, strengthen risk management, and develop new financial products and services.

Open banking enables authorised third-party providers to access customer-permitted financial information and initiate supported financial services through secure APIs, subject to applicable regulatory frameworks. When combined with artificial intelligence, these capabilities create opportunities for more accurate credit assessments, improved fraud detection, personalised financial recommendations, enhanced customer onboarding, and innovative payment solutions.

However, implementing AI and open banking also introduces challenges involving data privacy, cybersecurity, algorithmic bias, explainability, regulatory compliance, third-party dependencies, and the responsible use of customer financial information. Financial institutions must balance innovation with strong governance, effective risk controls, and customer trust.

The Artificial Intelligence in Finance and Open Banking course provides participants with a practical understanding of how AI technologies and open banking ecosystems are reshaping banking, payments, lending, financial analysis, and digital financial services.

Participants explore AI-powered financial applications, open banking architectures, API ecosystems, customer consent management, financial data analytics, fraud prevention, digital payment innovation, and responsible AI governance. The programme emphasises evaluating business opportunities, managing implementation risks, and developing practical transformation strategies.

Professional Problems This Course Is Designed to Solve

  • Inefficient financial operations: Identifying opportunities to automate repetitive banking, accounting, customer service, and financial analysis activities using AI-enabled technologies.

  • Limited use of financial data: Applying predictive analytics and machine learning to generate actionable insights from transaction histories, customer behaviour, and financial performance information.

  • Fragmented banking services and customer experiences: Using open banking APIs and consent-based data sharing to support integrated financial services and more personalised customer journeys.

  • Weak fraud detection and financial risk monitoring: Evaluating AI-supported approaches to detecting anomalous transactions, identifying suspicious patterns, and improving risk assessment.

  • Challenges in credit and lending decisions: Understanding how AI-driven models can support credit evaluation, affordability analysis, and responsible lending decisions.

  • Data privacy and regulatory compliance risks: Establishing appropriate controls for customer consent, financial data protection, third-party access, and responsible AI use.

  • Unclear digital finance transformation priorities: Developing structured implementation strategies that balance business value, technology readiness, operational risk, and regulatory obligations.

Course Methodology

The programme combines instructor-led discussions, financial technology case studies, AI application demonstrations, open banking ecosystem analysis, data analytics exercises, regulatory scenarios, and digital transformation workshops.

Participants examine realistic banking and financial services use cases involving transaction data, customer onboarding, payment services, credit risk assessment, fraud monitoring, and API-based financial applications.

Practical activities focus on identifying suitable AI use cases, evaluating open banking business models, mapping customer consent and data flows, assessing implementation risks, and developing responsible digital finance transformation strategies.

Course Objectives

By the end of this course, participants will be able to:

  • Explain the role of artificial intelligence in modern banking and financial services

  • Understand open banking principles, business models, and API-enabled financial ecosystems

  • Identify practical AI applications in financial operations, customer services, and risk management

  • Evaluate machine learning and predictive analytics applications using financial data

  • Understand AI-supported credit assessment, fraud detection, and transaction monitoring

  • Assess open banking opportunities for payments, lending, and personalised financial services

  • Explain customer consent, data sharing, and third-party access requirements

  • Evaluate cybersecurity, privacy, and operational risks associated with open banking

  • Identify ethical and governance challenges involving AI-based financial decisions

  • Assess the integration requirements for AI applications and open banking platforms

  • Develop performance indicators for digital financial innovation initiatives

  • Prepare a practical AI and open banking implementation roadmap

Target Audience

This course is suitable for:

  • Banking and financial services managers

  • Finance directors and financial transformation professionals

  • Digital banking and fintech specialists

  • Financial technology and innovation managers

  • Risk management and financial compliance professionals

  • Payment systems and digital payments specialists

  • Credit risk and lending professionals

  • Banking operations and customer experience managers

  • Data analytics and business intelligence professionals

  • IT, cybersecurity, and digital transformation managers in financial institutions

Target Competencies

Participants will develop competencies in:

  • Artificial intelligence applications in finance

  • Open banking ecosystems and API integration

  • Financial data analytics and predictive modelling

  • AI-enabled banking process automation

  • Digital payments and financial service innovation

  • Credit risk and fraud analytics

  • Customer consent and financial data governance

  • Open banking cybersecurity and operational risk

  • Responsible AI and regulatory compliance

  • Digital finance transformation strategy

Benefits

Why attend this seminar

  • Build current, practical knowledge in accounting and finance.
  • Translate the course ideas into actions you can use immediately at work.
  • Review real schedule options across 15 venues and live dates.
  • Connect course detail, venue, and category routes in one workflow.

Methodology

How the course is delivered

  • Structured seminar input and guided discussion.
  • Applied examples using current business situations.
  • Focused explanations based on the stored overview and outline.
  • Clear next steps for implementation after the course.

Target audience

Who this is for

  • Professionals responsible for accounting and finance.
  • Managers, specialists, and team leads who need applied skills.
  • Participants looking for a focused route into Artificial Intelligence in Finance and Open Banking.

Seminar details

Detailed outline

Day 1: Artificial Intelligence and Digital Transformation in Financial Services

  • Understanding artificial intelligence, machine learning, predictive analytics, generative AI, and intelligent automation within banking and financial services

  • Examining the evolution of digital banking, financial technology ecosystems, embedded finance, and data-driven financial business models

  • Identifying AI applications across retail banking, corporate banking, payments, lending, insurance, financial planning, and investment services

  • Understanding financial data sources, data preparation requirements, model development concepts, and the importance of reliable financial information

  • Evaluating AI use cases according to customer value, operational efficiency, financial impact, regulatory exposure, and implementation feasibility

  • Practical workshop: Developing an AI opportunity assessment for a financial institution, including priority applications and expected business benefits

Day 2: Open Banking Architecture, APIs and Financial Data Ecosystems

  • Understanding open banking principles, participants, commercial models, and the roles of banks, third-party providers, customers, and technology platforms

  • Exploring API fundamentals, secure data exchange, account information services, payment initiation services, and financial data aggregation

  • Examining open banking regulatory approaches, including PSD2 and related European frameworks, while recognising differences between jurisdictions

  • Evaluating customer consent management, authentication, authorisation, access permissions, and data sharing responsibilities

  • Understanding open banking integration with core banking systems, payment platforms, customer applications, and external financial service providers

  • Practical exercise: Mapping an open banking customer journey and designing a secure, consent-based financial data sharing workflow

Day 3: AI-Powered Financial Analytics, Credit Decisions and Fraud Prevention

  • Applying predictive analytics concepts to customer behaviour analysis, financial forecasting, cash flow prediction, and customer segmentation

  • Evaluating AI-supported credit scoring, creditworthiness assessment, affordability analysis, and loan portfolio monitoring

  • Exploring machine learning applications in transaction monitoring, fraud detection, anomaly identification, and suspicious activity prioritisation

  • Understanding AI-enabled customer onboarding, identity verification, document processing, and financial service personalisation

  • Assessing model accuracy, explainability, bias, false positives, and human oversight in automated financial decisions

  • Case study: Evaluating AI-generated financial risk indicators and developing recommendations for credit assessment and fraud monitoring improvements

Day 4: Open Banking Innovation, Digital Payments and Customer Experience

  • Exploring open banking applications in account aggregation, personal financial management, payment initiation, and financial product comparison

  • Evaluating AI-enabled personalisation through spending insights, financial recommendations, customer segmentation, and intelligent digital assistants

  • Understanding open banking opportunities for small and medium-sized enterprise financing, cash flow management, and alternative credit assessment

  • Examining embedded finance, banking-as-a-service, fintech partnerships, and API-based financial product distribution

  • Assessing the commercial, operational, cybersecurity, and customer experience implications of new digital financial services

  • Practical workshop: Designing an AI-enabled open banking service concept with a defined customer need, data flow, business model, and risk controls

Day 5: AI Governance, Open Banking Risk Management and Implementation Strategy

  • Establishing governance frameworks for responsible AI, financial data management, model validation, accountability, and regulatory compliance

  • Evaluating open banking cybersecurity risks, including unauthorised API access, third-party vulnerabilities, data breaches, and operational disruptions

  • Understanding privacy and data protection considerations, including GDPR where applicable, customer consent, data minimisation, and secure information handling

  • Developing implementation plans covering technology architecture, data readiness, vendor selection, integration, testing, and stakeholder engagement

  • Establishing performance indicators for AI and open banking initiatives, including operational efficiency, fraud reduction, customer adoption, service reliability, and financial returns

  • Capstone exercise: Developing and presenting an AI and Open Banking Transformation Roadmap covering business opportunities, technology requirements, customer experience, governance, cybersecurity, regulatory considerations, and measurable implementation outcomes

Dates and locations

Available seminar dates

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Course certificate

Certificate awarded on completion

Every participant who completes this seminar receives a professional course certificate from INFORAMTECH.

  • Participants receive an INFORAMTECH certificate for completing Artificial Intelligence in Finance and Open Banking.
  • The certificate recognises attendance and successful participation in the seminar.
  • It can support professional development records within accounting and finance and related functions.
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Information about

Frequently asked questions

When is my seat confirmed?

Your seat is confirmed once full payment has been received.

Do you offer group discounts?

Yes, we offer the following discounts for group bookings:

  • 2 participants: 20% discount
  • 3 participants: 35% discount
  • 5 or more participants: 50% discount
Can discounts be combined with other offers?

No, discounts cannot be combined unless explicitly stated.

What payment methods do you accept?

We accept bank transfers, credit/debit cards, and selected online payment methods.

When do I need to pay?

Full payment must be completed before the course start date to secure your participation.

Is VAT included in the course fee?

VAT treatment depends on your location and status:

  • EU Companies (with valid VAT number): VAT may be reverse charged (0%)
  • EU Individuals (without VAT number): VAT is applicable based on local regulations
  • Non-EU Participants: VAT is generally not applicable (0%)
Can I get a VAT invoice?

Yes, all participants receive an official invoice. EU companies must provide a valid VAT number.

Can I cancel my registration?

Yes, cancellations must be submitted in writing.

What is your refund policy?
  • More than 14 days before the course: Full refund
  • 7-14 days before the course: 50% refund
  • Less than 7 days before the course: No refund
Can I transfer my seat to another person?

Yes, substitutions are allowed at no extra cost if requested before the course start date.

What happens if the course is postponed or canceled?

We reserve the right to reschedule or cancel a course due to unforeseen circumstances. In such cases, you may:

  • Transfer to another date
  • Receive full refund
Will I receive a certificate?

Yes, all participants will receive a certificate of completion after attending the course.

Is attendance mandatory?

Yes, full attendance is required to receive certification.

Are your courses online or in-person?

We offer both in-person and virtual (live online) training options.

Will course materials be provided?

Yes, all participants receive training materials in digital format.

Are travel and accommodation included?

No, participants are responsible for their own travel and accommodation unless otherwise stated.

Can you deliver customized or in-house training?

Yes, we offer tailored training programs based on your organization's needs.

How can I contact you for support?

You can reach us via email info@informatech.uk or through our contact form. Our team will respond promptly.

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