Payments Systems and Processes
This course provides an understanding of payment systems and processes from the corporate treasury management perspective. ACH, wire, card and alternative payment processes are covered from origination to settlement for business-to-business and business-to-consumer applications.
Agenda Topics
- Payment systems concepts, rules and regulations
- Wire transfers systems and messaging
- Straight-through processing overview
- Emerging and alternative payments
Course Length
Three 2-Hour Virtual Sessions or One Full Day In-Person
Learning objectives
- Recognize non-paper-based payment instruments
- Identify how payment types are originated and settled
- What to consider when selecting payment mechanisms
Payments Fraud and Cybercrime
This course provides participants with an overview of the basic types of payments fraud and discusses practices in fraud prevention and control. Additionally, guidance will be provided on what to do when, not if, payments fraud and cybercrime occur.
Agenda Topics
- Background and trends of payments fraud
- Cybercrime: Malware, phishing, pharming
- Account takeovers and cyber risk management plans
Course Length
Two 2-Hour Virtual Sessions or One Half Day In-Person or Self-Paced
Learning objectives
- Understand exposure to payment fraud
- Elements of cybercrime and account takeover
- Managing the risk of payments fraud and cybercrime
- Determine steps to take after an attack