Payment Systems, Processing and Settlement

Course outline

1. 01Introduction to payment systems, the ecosystem and its participants
2. 02Payment instruments, channels and account to account payments
3. 03Card payments, mobile and digital payments, electronic funds transfers
4. 04Payment gateways, processors and payment infrastructure
5. 05Domestic and cross border payments
6. 06Practical: mapping the payment ecosystem
7. 07The payment transaction lifecycle and payment initiation
8. 08Authorization, validation and transaction routing
9. 09Clearing processes, settlement models, net and gross settlement
10. 10Reconciliation, exception management, failed and rejected transactions
11. 11Refunds and reversals
12. 12Practical: payment processing and reconciliation exercise
13. 13Payment operational risk, settlement risk and liquidity considerations
14. 14Fraud and financial crime risks, payment security and transaction monitoring
15. 15Reconciliation controls, business continuity and operational resilience
16. 16Case study: managing payment processing failures
17. 17Payment performance indicators
18. 18Practical: developing payment operational controls

Who should attend

Payment operations personnel, banking operations managers, payment processing professionals, treasury and settlement teams, clearing and reconciliation teams, finance professionals, payment service providers, FinTech professionals, risk and compliance personnel, payment systems professionals, operations managers and internal auditors.

Dates, venues and fees

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.