Discover the latest trends and insights in the cards and payments industry with our professional course. Learn about the changing roles, structures, stakeholders, and participants that make up the industry, and gain valuable knowledge about revenue, cost, expenses, and financial models.

What you will learn

• Understand the role participants play, and how these are governed and regulated to provide a safe, predictable business environment.
• Learn how different types of payments suit different segments, which are growing and declining and more based on macro-economics and shifting consumer preferences.
• Gain inside insight into the sub-industries working behind the scenes to keep e-commerce and the payments economy ticking.
• Learn how merchant acquiring and issuing works, how the competitive landscape is changing, and the role financial institutions play in this space. Also look at the key players and the revenue and cost flows across card issuing and acquiring and see where the opportunities lie. This includes an examination of operational effectiveness at various operational scales
• Learn how 3- and 4-party card schemes differ and grasp the key features of EMV and CUPS and how EMV transaction is processed and more...

Learn how each element of the Modern Payment Networks work with end-to-end, thorough walk-throughs, case studies and real-world examples and get inside knowledge of the cards and interchange space and obtain an appreciation of present challenges and emerging trends

including

• Learn how these are governed and regulated and how they make it safe and predictable to conduct business
• Understand the different types of payments, for different segments and examine how they are performing versus those that are declining; based on macro-economics and shifting consumer preferences
• Get inside insight into the sub-industries working behind the scenes to keep e-commerce and the payments economy ticking
• Learn the challenges of merchant acquiring, how the competitive landscape is changing, and the changing role financial institutions play in this space
• Uncover all the activities, key players and the revenue and cost flows across card issuing and acquiring and see where the opportunities lie; and what to expect at various operational scales

PLUS

• Learn how 3 and 4 party card schemes differ and grasp the key features of EMV and CUPS and how an EMV transactions are processed, end-to-end, and where the revenues flow
• Understand payment schemes areand explore a range of examples to achieve results in your business
• Learn what payment gateways and PSP's really do, the various products and services available and the emerging and future trends in this space, and how they can be applied to your own business
• Learn the importance of compliance and regulatory factors, learn who should comply and why the Payments Card Industry (PCI) - Data Security Standard (DISS) are important and the process for achieving compliance
• Get the inside track on “certification”? Who needs it and why? The implications of having certified connections to payment networks and an understanding of what this means
• Gain the knowledge of how POS terminals and ATM's are deployed and learn about payment protocols and the Messaging, standards and protocols
• Get insights into the organised business of fraud and how it impacts your risk and exposure and familiarise yourself with fraud detection and prevention technologies
• learn how to incorporate measures in your businesses and the principles of balancing fraud prevention, customer experience and technology investment, as well insight into the key factors in developing a proactive fraud risk management strategy
• Become well versed in scheme and regulatory risk and liability frameworks
• Understand how banks are planning to implement Open Banking and how this compares to other markets and how this will impact financial institutions and what this means for the broader business

And

• Take in the global scope of mobile money from an industry insider and the trends and innovations that are affecting the payments industry
• Get an insight into the key terms and applications for crypto currencies, block chain and distributed ledger
• Obtain practical insights relating to the adoption and use of crypto currencies for payments including coping with volatility, the regulatory implications and dealing with Tax, anti-money laundering (AML) and counter-terrorism funding (CTF) regulations

No Course Pre-requisites

While there are no specific pre-requisites to attend this course, the course assumes an elementary understanding or exposure to (at least) some of the basic terms and concepts covered in the outline.

• Card Operations & ATM/Debit Card, Fraud, Risk & Transaction Processing and EFT/ACH &
• Line of Business Directors, Heads, Managers & Senior Leaders in card schemes, systems, issuing and/or acquiring
• Chip & EMV & POS/EPOS/EFT Device & networks specialists, product owners and managers
• Digital & Mobile Payments & Wallets, Contactless/NFC payments specialists, product owners and managers
• Card & Fraud Leaders, Managers, Analysts & Specialists
• Electronic Banking specialist’s leaders and managers.
• Retail & Electronic Banking Divisional & Business Unit Heads, Leaders & Managers
• Digital/Mobile/Innovation Experts, Project Managers and SME's leaders, manager

Payments practitioners in FinTech's and non-banking and the non-regulated Financial Industry segment (eg Payments Service Providers, Platform Providers and processors) who wish to broaden their understanding of the field are welcome

The MasterClass course consists of Twelve Modules (or Sessions), each held up to four times weekly. Read our online page for more details on how our OnLine Training works, 

Session 1: Today's Payments Landscape & The Issuing and Acquiring value chain
Session 2: Cards, Payments and Interchange Networks
Session 3: The Card Schemes (EMV/CUPs) & Payments
Session 4: Cards & Payment Types and Acceptance devices
Session 5: Payment gateways and Payment Services Providers
Session 6: Payments Card Industry (PCI) - Data Security Standard (DISS)
Session 7: Messaging, standards and protocols
Session 8: Device Certification & Best Practises
Session 9: Fraud Management & Loss
Session 10: Open Banking, what to do and how to prepare
Session 11: The mobile money ecosystem *
Session 12: The future of Payments, Acceptance and virtual and crypto currencies*