Glenbrook’s agenda is structured to ensure that you understand how the industry works as a whole. We emphasize the economics – so that you understand how money is made in the industry, and by whom.

Payments Systems Overview

• Industry definitions, payments domains
• Key concepts – open/closed, push/pull, chain of liability
• How payments systems differ
• Risk in payments
• Payments systems economics

Perspectives on Users and Providers

• End-User perspectives – Consumers, Businesses
• Provider perspectives – Banks, Networks, Processors, PSPs
• Other constituents – Regulators

Core Systems

• Cards – Core concepts, value chains, transaction flow, technology, economics
• Checks – Value chain, check imaging, remote deposit capture, volume trend
• ACH – Value chain, transaction flow, direct debit risk model, volume, and trends
• Wires – Value chain, economics, major players, and trends
• Fast Payments – Processing model and components, Zelle vs RTP vs FedNow
• Cash – Usage trends, ATM networks, and digital currencies

Global Payments

• Local country payments systems – models, common elements, variables
• Cross-border payments – international wires; cross-border card processing

Payments Domains

• Domain overview, monetization strategies, key trends for each domain
• Point of Sale (POS)
• Remote Commerce
• Bill Pay
• Person to Person (P2P)
• Business to Business (B2B)
• Income

Fintech Innovation

• Market drivers, building blocks and key trends