Overview

The "Business Payment (Level 2)" course offers an intermediate exploration of various aspects of business payments, encompassing traditional and emerging methods. Participants will delve into card-issuing fundamentals, the evolution of payment methods, fraud prevention strategies, international payments, and the role of banks in digital identity management.

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Outcome

Explain the fundamentals of card-issuing, including how card transactions are made and the card management functions that banks operate.


Describe how new payment methods such as digital instant payments, payment initiation services and peer-to-peer payments are changing the payments landscape.


Identify how banks and merchants are combatting fraud and risk and compliance issues relevant to payments.


Define how banks can play a role in digital identity because of their position


Identify the fundamentals of international payments.

Details

Developed by: Beacon FinTrain

Standard Total Hours: 6 Hrs

Language: English - Bilingual "English & Arabic"

Modalities: 
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Outline

  • a brief history of payments

  • New payment methods including digital instant payments, Payment initiation services and peer-to-peer payments

  • Cryptocurrencies, stable coins and central bank digital currencies explained

  • Risk and compliance

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Who Should Attend

  • Payment operations managers and analysts
  • Compliance officers and risk managers involved in payment systems
  • Business owners and entrepreneurs seeking to understand payment trends
  • Financial analysts interested in emerging payment technologies

Why Beacon

Quality

Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.

Specialization

We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.

Punctuality

Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.

Guidance

Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.

Integrity

We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.

Flexibility

Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.