Understand the details of payment infrastructures and learn how banks handle payments
What you will learn
Payment Market Infrastructures: Gain insights into different payment market structures and the reasons behind their evolution.
Introduction to Payment Engines: Understand what a payment engine is and its central role in how banks manage payments.
Diverse Payment Methods: Beyond credit and debit cards, get acquainted with other essential non-card payment methods and their significance.
Forces Behind Payment Hubs: Delve into the factors that prompted the development of payment hubs and understand the importance of centralizing payment processes
Payment Handling Processes: Grasp the intricate steps and processes involved in handling payments, from initiation to completion.
Handling Anomalies: Learn about the challenges faced when payments don’t proceed as expected and the mechanisms to address them.
Basics of Payment Hubs: Start from the foundation by understanding the objective and intent of payment hubs and their crucial role in banking.
Core Elements of Payment Hubs: Explore the essential building blocks or components that form the backbone of a payment hub and their functionalities.
Deep Dive into Inner Workings: Get an in-depth look into the internal mechanisms of the payment hub
Unraveling how each component interacts and collaborates for smooth payment processes.
Recap and Consolidation: Periodically revisit and consolidate the learned concepts, ensuring a robust understanding and retention of information.
Practical Implementation: Understand how the theoretical knowledge of payment hubs translates into real-world actions
Learn how to set up, integrate, and deploy payment hubs in an actual banking environment.
Description
Unlocking the Secrets of Payment Engines in Banking
Are you ready to navigate the world of bank payments beyond credit and debit cards?
Welcome to the ultimate masterclass on Payment Infrastructure! Whether you’re a newbie to the payment landscape or a seasoned pro looking to update your skills, this course promises an unparalleled deep dive into how banks manage payments seamlessly.
Why This Course?
- Tailored for All: You don’t need to be a banking guru to start. We cater to all levels!
- Real-World Application: Grasp not only theoretical knowledge but understand how to apply it in real banking scenarios.
- Comprehensive & Structured Learning: Dive into five meticulously designed parts that ensure you grasp every element of the payment hub.
Course Roadmap:
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- Basics: Kickstart your journey with a solid foundation on payment hubs.
- Core Elements: Unravel the fundamental building blocks that empower payment hubs.
- Inner Workings: Dive deep beneath the surface, unlocking the hidden mechanisms of payment systems.
- Anchor: A quick pit stop to recap, consolidate, and ensure your understanding is spot-on.
- Implementation: Get hands-on insights on setting up payment hubs in real banking environments.
Understand the evolutionary forces behind payment hubs and explore what happens behind the scenes when things go awry.
Takeaways:
- Master the intricacies of payment market infrastructures.
- Get the know-how on payment hub deployment.
- Gain a competitive edge in the banking and finance domain.
Enroll now and get ahead in the ever-evolving world of banking payments. The future of banking is here, and with this course, you’ll be more than ready!
Payment hubs are transforming the banking industry. Don’t get left behind. Secure your spot now!
English
language
Content
Introduction
Payment hub introduction
Basics (Objective and Intent)
The Purpose of a Payment Hub
How Money Moves_Understanding Payment Systems
Evolution of Payment Schemes:Mapping the Technological Journey
The Impacts of Market Transformation on Banking
Payment Hub: Essential Insights
Core Elements (Building Blocks)
Architectural Unveiling: Building Blocks and Functions
Understanding the Varieties of Payments
Processing Architecture
Functions Catalogue
Message Types & Market Participation
Understanding the Macro View of the Hub’s execution stages
Unveiling the Micro View of the Hub’s execution stages
Inner Workings (Going Deeper)
Inner Workings
Understanding Payment Processing Stages
Payment Processing (Debit Leg)
Payment Processing for On-us (incoming) Payments (Credit Leg)
Payment Processing for Not-on-us (Outgoing) Payments (Credit Leg)
Payment Processing (Submission Stage)
Concepts in payment processing
The Standing Settlement Instructions
Cover and Serial Payment Methods
Submit to Clearing
Accounting
Charges
Cut-Off_Understanding the Time Window
Manual Intervention: Navigating the Challenges of Today’s Clearing Infra
Exception Queue Management
Configurations
User Interface
Ancillary Services
Account Management Services
Sanction Screening
Sanction Screening Workflow
Anchor (Recap and Consolidation)
Anchor (Recap & Consolidation)
Implementation (Practical Insights)
Implementation (Practical Insights)
Wrap up