The payments industry has seen a seemingly endless number of new platforms and trends, yet they may not have materially changed consumer behavior. RTP and FedNow are new rails, however, new use cases are fundamentally relying on existing technology. This video examines how movements to voice payments, changes in legal aspects of what constitutes an authorization and ensuing payment, and how adoption – both by consumers and payment channels – may alter the path to a new product.

Speaker:

Avery Miller, VP, Consumer Digital Product for Avion Rewards, Royal Bank of Canada

*This recording is not eligible for continuing education credits.

Tag(s): TPI, TPI HS, 2023, Home School

This course reviews the highlights of the various payment systems and how they interact. Speaker also reviews the governing rules, laws and regulation, platform operations, and how these platforms each serve an important purpose in the payments sphere.

Speaker:

Sandy Ortins, AAP, APRP, NCP, Independent Consultant

*This recording is not eligible for continuing education credits.

Tag(s): TPI, TPI HS, 2023, Home School

This course updates students on what to expect for new amendments to the Nacha Operating Rules and what could potentially be on the docket for 2023. Speaker discusses the role of Nacha's Rules & Operations Committee, the journey from idea to implementation – including RFC and ballot processes – and how private sector rule-making is key to the ACH Network's success.

Speaker: Sandy Ortins, AAP, APRP, NCP, Independent Consultant 

*This recording is not eligible for continuing education credits.

Tag(s): TPI, TPI HS, 2023, Home School, ACH Network, General Payments, Compliance

The most significant fraud threats to bank account holders involve fraud and scams that result in money being sent out of their accounts using credit payments, including ACH credits, wires, cards, and other instant and digital payments. This course explores ways to identify current fraud threats that result in credit-push payments through the ACH Network and other payment rails, highlights significant challenges that credit-push fraud scenarios present, and identifies opportunities to improve fraud detection and prevention, and aid in the recovery of funds.

Speaker: Devon Marsh, APRP, Nacha

*This recording is not eligible for continuing education credits.

Tag(s): TPI, TPI HS, 2023, Home School, Risk, Regulatory, Compliance, Legal, Payment Networks

Regulation J provides the legal framework for depository institutions to collect checks and other items and to settle balances through the Federal Reserve System. OC8, along with Reg J applies to funds transfers using FedNow. Speakers on this course set the stage by providing a general overview of the funds flow, settlement, terminology and parties involved in a FedNow transfer, and how these transfers compare to other similar services. Viewers also learn who is covered by Regulation J, key requirements for each party, and the interplay between UCC 4a and Reg E with regard to consumer FedNow transfers.

Speaker:

Jennifer Aguilar, APRP, Senior Associate, Alston & Bird

*This recording is not eligible for continuing education credits.

Tag(s): TPI, TPI HS, 2023, Home School

Payment rails are what allows transactions to flow. Payment rail operators set the rules that dictate how and when funds are made available. This introductory course examines the ACH Network, the credit card networks, TCH's RTPs and the Fed's upcoming FedNow. Listeners will come away with an understanding of the rules, settlement mechanisms, funds availability allowances, and dollar limits. The speaker will also discuss overlay services and third parties as the relate to the rails.

Speaker: 

Sandy Ortins, AAP, APRP, NCP, Independant Consultant

*This recording is not eligible for continuing education credits.

Tag(s): TPI, TPI HS, 2023, Home School

Same Day ACH, RTP, Zelle, FedNow and other faster payments options continue to expand – causing a possible information overload. Making decisions on where to go with faster payments can be baffling, whether you are a financial institution or corporate practitioner. This video lays out the fundamentals of faster payments to provide a basis for understanding additional coursework later in the week. The speaker will also review Nacha's Faster Payments Professional Certificate Program.

Speaker:

Sandy Ortins, AAP, APRP, NCP, Independent Consultant

*This recording is not eligible for continuing education credits.

Tag(s): TPI, TPI HS, 2023, Home School

This video introduces students to the “alphabet soup” of laws and regulations that govern payments, with an emphasis on enforcement. viewers are provided with a basis for more in-depth examinations of Regulation E, UCC 3, 4 and 4A, and the Green Book.

Speaker:

Deirdre Ashby, AAP, APRP, NCP, Payments Training Specialist, The Clearing House Payments Authority

*This recording is not eligible for continuing education credits.

Tag(s): TPI, TPI HS, 2023, Home School

The Federal Financial Institutions Examination Council (FFIEC) is a formal interagency body empowered to prescribe uniform principles, standards, and report forms for the federal examination of financial institutions. These are offered in the form of guidance and statements that provide suggested terms when creating policies and procedures. Adherence to these suggestions provides a pathway to ensure your organization is prepared for examinations. This course looks at many of the FFIEC resources and explores how to implement recommendations throughout your organization.

Speaker:

Jen Wasmund, AAP, APRP, CTP, NCP, Director, Enterprise Payments Risk Management Capital One

*This recording is not eligible for continuing education credits.

Tag(s): TPI, TPI HS, 2023, Home School

Government Payment rules differ from the ACH rules in ways that can affect your financial institutions liability. Do you know how to handle Government Returns, DNEs, or NOCs? Do you understand your liability for government payments posted in error? The speaker in this video provides all the answers to these questions and more. Listeners also learn about the Federal Government mandate of Direct Deposit for all benefit payments, how the Governments rules differ from the ACH rules, how to enroll an account holder to receive Government payments, and how to handle Governments Reclamations and reports of non-receipt items.

Speaker:

Sandy Ortins, AAP, APRP, NCP, Independant Consultant

*This recording is not eligible for continuing education credits.

Tag(s): TPI, TPI HS, 2023, Home School