THE UK’s first Fintech course is to be launched at a Scottish university.

The Masters programme in financial technology at Strathclyde University will aid the “transformation” of Scotland’s financial sector and help keep the country as a “leader” in innovation, it is claimed.

Beginning in September, the intensive 12-month course will train students in the programming, analytical and financial skills needed to make transactions faster and more secure, according to the Glasgow university.

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Daniel Broby, director of Strathclyde’s Centre for Financial Regulation and Innovation, said: “Fintech is developing rapidly, utilising software and programming code in innovative ways. It is driving efficiency up and costs down and the digitalisation of transactions is now a cross- disciplinary science.

“The Scottish financial sector needs to capitalise on Fintech or miss out. Our new course will equip students with the essential skills and knowledge for a career in this field. It combines theory, intensive practice and industrial engagement.

“We are delighted to have received such overwhelming support from the sector in the development of the course.

“It has been designed to give graduates a clear understanding of what businesses need, and fast-track them into successful careers in the finance sector.”