Buy Now, Pay Later (BNPL) has emerged all over the world as an attractive way to pay for purchases in installments, often interest free. Who are the stakeholders in these new payments systems? What type of customer is most attracted to BNPL methods and what is their experience when they make a purchase? What about when they subsequently make an installment payment? How do merchants view these new methods? And who are the leaders in the US market?
This webinar explores fundamentals of installment payments, the BNPL fly wheel, the precision algorithms used by the new form of credit extension, and the different funding options for BNPL providers.
To understand the variation in BNPL payments, how consumers behave with BNPL methods, and where BNPL fits in the payments landscape.
Real-time retail payments (RTRP), or “instant payments” systems developed in recent years, primarily enable faster payments within a single country, while payment processing across national borders largely continues to be a patchwork of agreements. These agreements are mostly bilateral, and settlement timing is slow and expensive compared to domestic payments. While innovative providers seek workarounds to stitch together a fast payment “network,” many still rely on the same underlying patchwork of systems. Cross-border payment systems across countries in specific regions, such as SEPA in Europe and SADC in Southern Africa, serve as examples of successful integrations across different national retail payments systems.
However, regulators and market participants are increasingly focused on evaluating ways that payment systems foundations, including clearing and settlement arrangements, can be enhanced, or reimagined to address existing cross-border payments challenges. Efforts are already underway to enable new multi-country fast payment integrations.
This webinar will focus on the handful of implementations that are launching to integrate RTRP systems across national borders, highlight design choices in these multi-country payment systems integrations, and note other global efforts to address remaining challenges in cross-border payments. Specific systems and initiatives that will be covered, include:
SCT Inst: Europe’s RTRP System
SADC TCIB: South African Development Community’s RTRP System
Buna: Real-time payments in Arab world and beyond
BIS Innovation Hub’s Nexus Project
The webinar is designed to provide insights on developments in cross-border payments. It examines the latest initiatives to link multi-country fast payments systems, as well as ambitious efforts to ultimately progress towards creating a global system through regional payment hubs.
Domestic fast payments are in varying stages of development around the world. Several countries have fast payment systems that have been operational for several years, while others, such as the US, are still relatively early in their fast payments journey. What trends drive fast payment adoption and what motivates central banks and private entities alike to build real-time infrastructure and overlays?
This webinar will provide insight into fast payment systems around the world. Examples include:
Asia: IMPS and UPI (India)
Europe: FPS (UK)
South America: SPEI (Mexico)
North America: RTP/FedNow and Zelle (US)
This webinar is designed to provide an overview of fast payment systems, exploring both commonalities and unique attributes of domestic systems around the world. It also highlights notable examples from specific countries where fast payment systems saw rapid adoption, and the factors that contributed to their success.
SWIFT (Society for Worldwide Interbank Financial Telecommunication) is a global, member-owned financial infrastructure provider. It spans every continent including 200+ countries and territories, and services more than 11,000 institutions worldwide. Since its inception in the 1970s, it has continued to facilitate billions of financial messages annually, enabling banks and corporates to safely and securely communicate and to move money across borders.
However, SWIFT has faced increasing competition from disruptors who have identified ways to reduce friction in cross-border payments. As a result, SWIFT has committed to modernization efforts, expanding its suite of services to better address common pain points in cross-border payments. 2021 marked a notable year of enhancements and product developments that greatly increased the utility of SWIFT’s cross-border services.
This webinar will explore the latest advancements in the SWIFT network and identify how they seek to enhance cross-border payment processing. We will look at specific developments including:
Gpi’s remarkable traction (Global Payments Innovation) and how it grew to become a success
SWIFT GO for SMB low-value payments
Pe-validation service to verify beneficiary account details
Message translation services to facilitate the migration from the proprietary MT message spec to the global ISO20022 standard
This webinar is designed to provide an overview of the progress being made by SWIFT and how SWIFT is beginning to serve as a key linkage between payments infrastructure in different countries.
Digital Currencies and the Modernization of Cross-border Payments
Whether the topic is stablecoins or Central Bank Digital Currencies (CBDCs), there is a steady drumbeat in the conversation about the potential to improve cross-border payments. The Bank for International Settlements has published two seminal papers that give credence to this idea. The first, written by the G7 Working Group on Stablecoins and published in October 2019, investigates the impact of global stablecoins. The second, published in July 2021, considers domestic CBDCs and the potential they hold to streamline cross-border payments.
The opportunity to have a 24/7 global settlement network is, for the first time in history, being seriously contemplated by the people who could make it happen.
This webinar will survey various central bank and private sector initiatives (such as Project Dunbar, Project Aber and the Digital Euro) supporting cross-border payments using CBDC or stablecoins. We will look at these select initiatives to understand objectives and key learnings, and to consider what must be addressed to truly disrupt institutionalized correspondent banking. The webinar will conclude with a discussion on how these activities will reshape cross-border payments in fundamental and profound ways.
This webinar is designed to provide an overview of the progress being made with Central Bank, commercial bank and private sector initiatives aimed at using digital currency technology to streamline cross-border payments.
87 countries representing over 90 percent of global GDP are in some stage of exploring or using a Central Bank Digital Currency (CBDC). Compare this with where we were in May 2020, with only 35 countries considering a CBDC.
The prospect of CBDCs is being met with everything from intense skepticism to wild enthusiasm. The reality is that these digital currencies, backed by the governments that issue them, have the potential to eliminate as well as introduce risk into the payment systems that support a country’s economy – and to redefine how we think about money. In this webinar we explore domestic retail CBDCs to understand what it really means to have digital fiat in circulation.
This webinar explores the topic of fiat currency, beginning with a look at the definition of money. We then explore the key attributes of retail CBDCs and how central banks are shaping CBDCs through technology adoption and regulation. We conclude with a discussion on the key developments likely to emerge in 2022 at this dynamic intersection of payments and economics.
This webinar is designed to provide an overview of the key features of CBDCs, the use cases they support, and how regulators are thinking about the implications and impacts of CBDCs in the broader economy.
In July 2021, U.S. Treasury Secretary Janet Yellen convened a working group “to assess the potential benefits of stablecoins while mitigating risks they could pose to users, markets, or the financial system.” With over 2,600 stablecoins in the world today, it’s no surprise that stablecoins have the attention of Janet Yellen (and other regulators). But what does the explosion of stablecoins mean exactly for the payment systems supporting commerce today? And for the payments industry itself? This webinar looks at stablecoins in the context of open and closed-loop payment systems to explore how fintechs, incumbents and regulators view stablecoins and the possible implications they could have on how people pay and get paid in the coming years.
This webinar explores the key attributes of stablecoins and how they are being used in payment systems today. We then look at examples of how stablecoins are being used in new and incumbent payment systems. Finally, we review how Janet Yellen’s working group is thinking about the regulation of stablecoins in the United States and some of the unique regulatory challenges the United States has compared to other countries.
This webinar is designed to provide an overview of the key features of stablecoins, the use cases they support, and how regulators are thinking about the implications and impacts of stablecoins in the broader economy.
Trying to make sense of this industry? This webinar is for you! Learn about the essential characteristics that describe the six systemically important payment systems found in (nearly) every country. We’ll unpack the terminology used to describe the payments industry starting with the definition of a payment. Then we will break down each phase of a payment transaction and explain how money moves between stakeholders in the payments value chain.
• Key components of a payment transaction
• Systemic Payment Systems
• Systems, networks, and schemes – definitions and examples
• Open-loop vs closed-loop systems
• Push vs Pull Payments
• Interbank settlement
To understand the core components of a payment system, proper use of basic terminology to describe payment processing, and key features of open-loop and closed-loop systems.
As consumers, we all know about Visa, Mastercard, American Express, and Discover. These four card networks, and another 80+ card networks around the world, collectively make up the card system. This webinar grounds participants in card system fundamentals and introduces the key concepts and terminology used in the market.
Card system key value chain (historic and contemporary), transaction processing model, risk exposure by participant, and interchange. We’ll also take a high-level look at the role of the card network vs the card issuer vs the card acquirer.
To understand the common card system concepts that span all card networks and how the card system differs from other payments systems.
Payments using the push transaction model are on the rise around the world. Instead of the sellers pulling money from buyers, buyers initiate payment to sellers. This model has lower risk and is increasingly as convenient to buyers as the older pull model. But how will billers, suppliers, and other payees request payment? Enter the Request-to-Pay, or RtP, which is a new paradigm for presenting a data-rich, digital payment request to the payor. This webinar will introduce the RtP concept, show the variations emerging in key markets, and predict where this important trend might lead.
This webinar will explore the various RtP models found around the world. It will examine the SEPA Request to Pay (SRTP) scheme in the EU, the Pay.UK Request to Pay model, the Request for Payment (RfP) concept from The Clearing House in the United States, and the PayTo initiative from NPP in Australia –– which is arguably the most advanced RtP model in the world. It will also look at the various user experiences that we anticipate in the years ahead.
To understand the drivers behind Request to Pay (RtP), the leading models seen in the global payments industry, and the likely impact on various stakeholders in the payments ecosystem.
Payments Facilitation, a card acceptance technique pioneered by PayPal, has grown in popularity over the years and is now used by providers such as Square, Shopify, Toast, and hundreds of others. But the PayFac model is only one of many models available to expand card acceptance. How does it differ from the ISO model? And what exactly is integrated payments? This webinar will provide an arm’s length perspective on the evolution of the PayFac model and emergence of next generation PayFac-as-a-Service enablers. It will explore PayFac network obligations, regulatory requirements, and risk exposures. To provide a complete picture we’ll also clear up (once and for all) what it means to be or not be the merchant of record.
Fundamentals of card acceptance; similarities and differences between the acceptance models; PayFac obligations and risk exposures; and the key attributes of the PayFac-as-a-Service model. By way of example, the webinar will also compare the differences between the leading PayFac enablers.
To understand the essentials of the Payments Facilitation model, how it fits into the larger card acceptance ecosystem, and the hidden requirements and obligations of PayFac providers.
The fintech revolution has upended consumer financial services. Its success is built on better transaction processes and user experience. Fintechs are able to build and distribute their services because of the modern tech stack they have access to: cloud computing, app store distribution, smart devices, and the rich sets of APIs they and others build. Firms like Stripe, Plaid, and Modern Treasury are using the fintech playbook to bring the “Anything-as-a-Service” model to payments and banking with significant impact on those industries’ incumbents. Segment-oriented companies like TripActions, MindBody, and Appfolio have applied the fintech approach to specific vertical markets to build feature-rich payments solutions for their business customers. These segment-focused companies exploit the double advantage of their own industry expertise coupled with the ability to swiftly deploy the expanding capabilities built by the horizontal platform fintechs. This multiplayer fintech model promises to disrupt business software markets, payments processors, and bank treasury management sales but smart incumbents have moves of their own. If you think the fintech revolution has won the war, this webinar is for you.
This webinar explores the fintech phenomenon, the tech, and business models behind the “Anything-as-a-Service” platforms that have emerged. We examine the playbooks of horizontal platform and segment-focused providers. We explore examples of the rich capabilities today’s segment-focused fintechs bring to market built on those horizontal platforms. To round out the picture, we’ll also look at the strategies employed by incumbents responding to multiplayer fintech.
To understand how multiplayer fintech business models and technology are impacting participants in B2B software, payments, and banking.
The mobile wallet evolved to become the digital wallet. And now, like all good markets, digital wallets are fragmenting into a multitude of next generation approaches. In one camp, the digital wallet is evolving to become the super app. These super apps combine payments, shopping, offers and deals, financial services, and investing in a single unified user experience. In another camp, Toast, Shopify, and other multi-merchant wallets are streamlining the checkout flow and claiming the high ground that used to be reserved for digital wallets. And venture money is flowing into the development of universal wallets like Bolt and Fast. This webinar will sort it all out and try to make sense of how digital wallets are evolving. If you think wallets are only supposed to manage card data, this webinar is for you.
This webinar explores market drivers and typical extensions from the generic digital wallet model. It will examine the value proposition and differentiation of digital wallets from Alipay, Apple Pay, Cash App, Google Pay, Grab Pay, PayPal, Paytm, RappiPay, Revolut, Shop Pay, Toast and Venmo. To provide a complete picture, we’ll also look at the state of play in browser-based form fill.
To understand how digital wallets are changing — and the likely impact this will have on other participants in the payments ecosystem.
The Point of Sale domain is the largest payment domain by transaction count – it’s the very heart of face-to-face commerce. This domain is familiar to us all, but it’s not just made up of retailers – it also includes restaurants, hotels, vending machines, parking meters, and transit systems. From a payment system perspective, the card system has been strategically using the debit card to shift volume from cash and checks over to plastic. But things are changing because of the mobile devices being used for both making and accepting payments. And the movement towards cashierless stores has many wondering if we even need the Point of Sale.
POS from the merchant’s perspective (EMV, contactless RFID, contactless NFC), card system optimization for POS, digital payments at POS, PCI-DSS, QR code usage at the the POS, digital receipts, cash Handling, and check handling. The webinar will also discuss next generation checkout (cashierless stores, self-checkout, table checkout, order ahead, and Pay by Face).
This webinar helps payment professionals understand the requirements and variation for payments handling at the point of sale (POS), as well as how the POS domain is changing.
Many have theorized that we are shifting to a subscription-based economy where consumers subscribe to software, subscribe to movies, subscribe to textbooks, etc. Underpinning this shift is a model that enables the continual, on-demand delivery of services. This module explores the role of recurring payments in the subscription economy and takes a look at market requirements, best practices, and several digital merchant examples.
Key segments in the subscription economy and examples, typical subscription plan structures, the implications of push vs pull payments, as well as payment optimization techniques. We will also discuss optimization techniques such as strategic authorization, the recurring indicator, account updater, retry optimization, and card-on-file tokenization.
To understand how one-time and recurring payments, high-level best practices for payments optimization, and key performance indicators.
As the market deconstructs banking, the banking-as-a-service (BaaS) category has grown. BaaS providers, while not banks themselves, partner with incumbent banks and digital banks to deliver regulated banking services to fintechs and other next generation tech companies. But what exactly is being provided? Who performs which functions? Who is the target customer? And what is the likely impact on the financial services industry?
This webinar will provide a framework for understanding roles and functions in BaaS, and will include many market examples. It will also look at how BaaS has shifted over time, from supporting standalone offerings such as consumer/SMB neobanks, to additional use cases and business models. We’ll pay extra attention to the overlap between Banking as a Service and payments processing — and attempt to identify and position all the major providers.
To understand the key terminology and concepts in Banking as a Service, high-level use cases, and likely challenges that will need to be overcome.
Overlay are a new category of payments industry services that provide the missing functionality between what the underlying payment rails provide and what real-world use cases demand. Overlay services provide, for example, missing P2P functionality on top of real-time payment rails. They add the missing QR Code support needed for commerce. And the hold the potential to streamline B2B payments through value-add directory structures and aliasing capabilities. This webinar will introduce the concept of overlay services and explore some of the examples we see all over the world.
Topics covered include the Mobile Aliasing services, Request to Pay (RtP), QR Code Extensions, P2P extensions, and Open Banking extensions. Particular emphasis will be placed on the alignment between overlay services and real-time payment rails. Services discussed in this webinar include Paym, Osko, CoDi, SWISH, Zapp, Zelle, Request to Payment Framework, and UPI.
This webinar is designed to introduce overlay services, describe the relationship between overlay services and underlying payments rails, and show examples of overlay services emerging around the world.
In short a span of 27 years, online commerce has gone from almost nothing to US$3.5 trillion of online spending. We still have shopping carts and wallets, but today’s commerce world is dramatically different from the local neighborhood where we all grew up. This webinar introduces the key components that make online commerce unique — from a payments perspective — and provides commentary on the key trends in online commerce.
Topics covered include the key attributes and payments characteristics of the six key segments of online commerce – eRetail, Online Travel, Digital Services, Digital Goods, Marketplaces, and Order Ahead — along with an overview of the order pipeline and risk management techniques common in online commerce. The Webinar will also cover online payments trends and the role of digital wallets.
This webinar is designed to provide a basic understanding of online commerce, how the key segments differ, and the current trends in online commerce.
Payments professionals are often surprised to learn that 7.1 million American households don’t have a bank account. And 18.6 million “underbanked” households have an account but often turn elsewhere for financial services. Worse still, many believe that COVID-19 will further increase the number of Americans seeking out alternative (and often expensive) financial products. Despite being on the periphery of the banking system, the unbanked still pay bills, make purchases online, and send money to friends and family. Meeting the needs of these consumers requires creative solutions, for sure, but unlocks opportunities for payments professionals across use cases and domains.
Definitions and key concepts; unbanked and underbanked demographics, attitudes and motivations, market forces affecting financial access (including technology, regulation, and the ongoing pandemic), and an exploration of innovative products and services designed to reach underserved consumers.
To help payments professionals understand potential benefits of designing solutions for financially underserved consumers, and building blocks for doing so.
Central Bank Digital Currency: What’s all the fuss about?
OnDemand Video Webinar
If there is one topic in our workshops that consistently raises confusion and angst, it is Central Bank Digital Currency, or CBDC. “Why do we need this?” “Don’t we have the ability to process payments electronically already?” And, “I just don’t get it!” Now that China has completed the world’s largest CBDC retail payments trial, it seems like a good time to unpack CBDC and explore the implication of broad adoption on payments systems, consumers, businesses, banks and governments. If you want a well-informed point of view on CBDC for your next Zoom happy hour, this webinar is for you!
Topics covered include basic building blocks required for CBDC, a survey of various government positions on CBDC, which countries are moving in this direction, how fintech companies and banks are playing a role in these migrations, and how CBDC could alter the payments landscape in very fundamental ways.
This webinar is designed to provide a basic understanding of CBDC, it’s role in wholesale and retail payments systems, which countries are on the path for introducing CBDC, and consider some of the obvious and not-so-obvious consequences of government-issued cryptocurrency.
With the introduction of the Payment and Settlement Systems Act of 2007, India set itself on a bold mission to modernize its payments infrastructure and in the process has become a case study for payments systems transformation at scale. In this webinar we will review the core components of India’s modern retail payments system. We’ll explore initiatives such as the Bank of India’s 2011 recommendation to introduce the Aadhaar-based eKYC process. We’ll also consider the delicate balancing act required to maintain competition and control within a national payments infrastructure.
Topics covered include background and context to understand India’s payments modernization efforts, the core components of the retail payments system and technical stack, and what we’re watching as national and international fintechs introduce payments services for a variety of domains.
This webinar is designed to provide a contextual overview of India’s retail payments systems along with information on how this new payments infrastructure is enabling a shift from cash to digital payments.
Open Banking is the decoupling of traditional financial services in order to encourage competition between service providers and offer greater choice to end users. Already successful in India, the open banking model is beginning to accelerate in Europe. But will it ever reach the United States? And if so, what form will it take? This webinar explores open banking and looks at some of the potential implications for the payments industry.
Open banking drivers, market context, and terminology; PSD2/RTS in Europe and UPI in India; Role of NACHA and The Clearing House in U.S.; rise of open banking API gateways; Plaid case study.
To understand open banking fundamentals and potential implications for both payments-industry incumbents and fintech companies.
Payroll is an old use case in payments, and one that is increasingly being rethought with the arrival of the gig economy. More broadly, not only is payroll changing, but so is the entire income domain. This domain includes all forms of B2C and G2C payments made to individuals for all purposes. It includes payroll, pension payments, retirement disbursals, and government benefits. How is this domain structured? What are the key trends? And what are the unique requirements associated with handling income payments?
Payments mix in income payments, lifecycle of payroll processing, key income payments trends, payments in the gig economy and early wage access, and cross-border income payments. Companies discussed include ADP, Paychex, Even, DailyPay, Branch, AnyDay, Payoneer, and others.
To understand the key payments characteristics of the income domain, how new innovations are changing the market, and how emerging income alternatives might someday change how we all get paid.
Fintech companies are seemingly remaking how we think about financial services. Even in the world of payments, fintech companies are stepping into the value chain and starting to disintermediate traditional service providers. But what underlying technologies are they drawing on? And how do their value propositions really differ from the incumbents? In this webinar we explore some of the leading payments fintech companies (one drawn from each stakeholder category) to see how they use the available building blocks to innovate in payments.
Fintech market drivers and segments, key fintech attributes, and technology building blocks. This session will include a drill down into the value propositions and critical success factors of several payments fintech companies — Cash App, TransferWise, Marqeta, Stripe, and Curve – to see what makes them tick.
To understand some of the leading fintech companies in payments and their fit in the traditional payments industry.
Why has Digital Consumer Financing rapidly expanded across the globe in the past few years? And will a global pandemic further inflate the balloon of “buy now, pay later” – or pop it? In this webinar we’ll explore the century old origins of “buy now, pay later” to current offerings in the point of sale (POS) and remote commerce domains. While economic models, market presence, and features vary between offerings, the customer value proposition resonates globally. We’ll examine product attributes using a framework designed to help you discern the critical similarities and differences between providers. Lastly we’ll look at how the incumbents are responding to new entrants and some regulatory measures that may impact consumer lending.
Topics covered include the current origins of this payment category, challengers and incumbents, attributes of current offerings, the outlook on the potential market, the regulatory environment, and what we’re watching.
This webinar is designed to provide a foundational understanding of Digital Consumer Financing as a payment category and provide a framework for differentiating current offerings by examining critical product dimensions.
Securely authenticating the payor prior to payment initiation is one of the key responsibilities for banks involved in payments. Against this simple need, a profound new requirement called Secure Customer Authentication (SCA) is sweeping across the payments industry. But what is it? What payments systems are in scope? And which use cases are targeted? Hint: It’s a lot more than online card payments.
Topics covered include the role of SCA in PSD2; Two-Factor Authentication; SCA Compliance Scope and Exempted Use Cases; 3-D Secure and Card Network Products; SCA Key Issues.
To understand Secure Customer Authentication rationale and its long-term implications in the payments industry.
What happens when a new payment category is right in front of us but not quite in reach? This webinar will explore the quandary our industry faces handling cannabis and CBD payments. Many state cannabis laws are in direct conflict with federal regulation that categorizes cannabis as an illegal substance. It is therefore difficult to impossible for banks and processors, all subject to federal regulation, to provide payment services to companies operating in states where cannabis is now legal. While cannabidiol (CBD) found in both cannabis and hemp, has been granted a degree of legitimacy as part of the 2019 Hemp Bill, it too lies in an ambiguous payments limbo.
Topics covered include the current regulatory environment, financial services challenges, companies serving today’s cannabis industry, and what we’re watching.
This webinar is designed to provide a foundational understanding for this burgeoning payment category and provide a framework for distilling what’s really “under the hood”.
The payments industry is evolving at an unprecedented pace. With new technologies, regulations, and products, successfully managing risk in this innovative era is challenging. Whether you are implementing new forms of payment, making decisions about vendors and technology, or creating new payments products, this webinar willprovide an introduction to risk fundamentals and provide you with the key concepts required to make sense of a fast changing landscape.If you think fraud and risk are synonyms, this webinar is for you!
Rethinking Your Risk Management Strategy
A Payments Risk Taxonomy
Which Payments System is the Riskiest?
Overview: Anatomy of a Fraud
To understand how to think about risks in payments independent of payments systems and payment domains.
The Business to Business or B2B domain is perhaps the largest segment of the payments industry in absolute volume. At its core is the financial supply chain where buyers and suppliers perform an elaborate dance with sales orders, purchase orders, invoices, payments, and reconciliation. Payments are only a part of the financial supply chain. What makes B2B payments hard is remittance data — the party being paid needs to know who is paying them and what the payment is for. It’s not always obvious. There are partial payments, combined payments, companies that take discounts because they can.All of this makes the B2B domain one of the more challenging domains.
Financial supply chain
Role of ERP systems
Recent innovations in accounts payable and accounts receivable
To understand the structure, flows, and unique payments requirements of B2B payments.
The war over online digital wallets is now twenty years old. From the original Electronic Commerce Markup Language (ECML) to today’s tokenized payments credentials, the landscape has changed a lot — and is surprisingly more vibrant than ever. PayPal has emerged as the de facto digital wallet leader, but many alternatives are nipping at its heels. This webinar takes stock of where the industry is after two decades and explores the likelihood that recent developments (e.g., Payments Request API from W3C and Secure Remote Commerce from EMVCo) might change the market’s direction.
History of online wallets
PayPal’s role in digital wallets
Leading alternative wallets
Worldwide Web Consortium (W3C) initiative
Secure Remote Commerce update
To understand the role and purpose of digital wallet technology and gain confidence in discussing the state of digital wallet technology.
The bill pay domain is one of the larger domains of payments based on the number of bills and the number of payments that flow back and forth between the biller and its customer. This webinar is designed to help attendees understand the structure of the bill pay domain and why a simple task is so complex.
Domain overview – players, models, and background
Consumer perspective – demographic impact, changing behavior, and requirements
Biller perspective – channels and payment methods, objectives and requirements, variation by vertical
Bill pay providers – major providers and challengers
To understand the unique payments challenges found in the bill pay domain and the differences in perspective between consumers, billers, and providers.
Five years into Apple Pay and the model is either a total failure or a wild success depending on your perspective. This webinar will take stock of the value proposition, customer adoption, and how the payments industry has evolved in reaction to Apple Pay. It will examine how Apple has expanded the program by use case and across products — and take a look at new capabilities on the horizon.
Apple Pay core components
Consumer, merchant, and issuer value proposition
Main use cases
Competitive responses around the world
To understand the impact that Apple Pay has had on the payments industry and its likely evolution in the years ahead.
In recent years, wearable technology has arrived in a big way –– fitness bands, smart watches, tracking devices, cameras, and health monitoring devices to name just a few. This webinar is designed to introduce participants to the world of wearable technology and the obvious and not so obvious linkages to payments.
Wearable fundamentals and connectivity framework
Major payment-related initiatives
Apple Watch Case Study
To better appreciate wearable technologies, how they fit into today’s connected lifestyle, and how they are being extended to support payments. Okay, Glass – Pay!
The person-to-person or P2P domain is at once one of the simplest domains of payments yet also one of the most sophisticated. It’s as simple as a mother handing her teenage daughter $50 to go shopping with her friends or as sophisticated as a Facebook Messenger transfer from one card to another between friends. This webinar is structured to help participants see the common design behind contemporary P2P systems and appreciate the distinctive characteristics of each.
P2P domain overview
Positioning of key providers
Solutions covered include PayPal, Venmo, Google Pay Send Money, Facebook Messenger, Zelle, and Apple Pay Cash.
Representative business economics will be illustrated by a close interchange-level look at Apple Pay Cash.
To understand the key characteristics of the P2P payments domain, the commonality between major contemporary solutions, and how solutions provide distinctive features in a competitive marketplace.
The ACH network is one of the most important payments systems in the United States moving more than $50 trillion a year between bank accounts. Designed with minimal bells and whistles, the system excels at low-cost, bulk transfer of payment. This webinar will ground participants in ACH fundamentals and introduce the key concepts and terminology used in the world of ACH.
ACH key concepts
Recent network expansion through Ad Hoc transactions and Same Day ACH
To understand the ACH terminology and concept, with a particular eye on how the ACH system differs from the checking system, the wire system, and the card system.
Twenty-five years ago we started building an Internet of Computers. Fifteen years later it became an Internet of Smartphones. Today, based on billions of connected devices, smart sensors, and online appliances, it is becoming an Internet of Things (IoT). And just as the original Internet revolutionized commerce, many suspect that today’s Internet of Things may have a similar impact. This webinar will ground participants in the IoT landscape, the key commerce-related use cases, and likely payment implications.
Internet of Things building blocks
IoT use cases grounded in commerce
Potential payments scenarios in the Internet of Things
To understand the emerging payments opportunities in the Internet of Things (IoT) and the world that we might find around the next corner.
Augmented Reality and Virtual Reality (AR/VR) technologies are well established in the world of digital gaming. But are there opportunities for these so-called immersion technologies in other verticals? How might AR/VR be used in travel? In medicine? In manufacturing? In retail? This webinar is designed to help participants understand the AR/VR landscape, likely use cases, and how the technology may someday be used to support commerce.
Underlying technologies – Virtual Reality, Augmented Reality, Mixed Reality, and 360 Video
Key use cases, early applications, and VR startups
Commerce and payments examples
To gain an understanding of the potential for AR/VR to emerge as a new payments industry segment, and how likely avatars might one day be in making purchases on our behalf.
Cross-border card processing is what makes international card networks appear to operate globally. It’s what lets us as tourists pay for a meal at any restaurant in the world. And it’s what lets an online merchant sell to cardholders anywhere in the world. This webinar explores the four different processing models that are used by global merchants through the lens of cross-border currency conversion and settlement. It will also describe how the economics and risks associated with each model are allocated across the value chain.
Cross-border card processing overview and terminology
Definitions, flows, and economics for three core models – standard currency conversion, dynamic currency conversion, and multi-currency pricing
Local country acquiring – fourth model
To understand the language of cross-border card processing, the differences between the four currency conversion models, and the impact of each model on economics and risk.
From WeChat Pay to Paytm, QR Code-based payments are perhaps the fastest growing segment of the global payments industry. But with emerging national (BharatQR in India) and global (EMV QR Code) standards, this payments data exchange technique is just beginning to gain acceptance beyond proprietary implementations. This webinar explores the foundation of QR Code payments and takes stock of the competing standards found in the market.
2D barcode fundamentals and QR Code background
QR Code presentation alternatives, dynamic vs. static
Payments data, data standardization, and risk model
Examples – Alipay, WeChat Pay, Paytm
To understand how QR Code technology is being used to exchange payment data between buyers and sellers, the risk implications of various approaches, and the likelihood that this method will expand in the future.
Payments data is often used for secondary purposes unrelated to processing payments. It can be used for applications such as offer targeting or even econometric modeling. It can also be used to help merchants better understand their business, how their business compares to their peers, and how key indicators compare to the industry at large. This webinar introduces payments data fundamentals and explores how this data is being used by merchants to gain a competitive advantage.
Payments data fundamentals and data monetization segments
Introduction to merchant analytics
Key data monetization players
To understand how payments data can be used by merchants to gain an understanding of their business—and understand how vendors competitively use merchant analytics to better serve their customers.
Digital identity is both critical to online trust and difficult to assure. With growing account takeover fraud, identity-based decisioning in fraud prevention is key, particularly with new “faster payments” systems that push money between accounts in near real time. This webinar introduces the key concepts of digital identity, its role in digital payment transactions, and the emerging models and technical approaches built to support online trust.
Digital identity in pull and push payment systems
Economic impact – fraud losses and liability rules
The digital identity lifecycle and ecosystem roles
The use cases for digital identity
Overview of emerging standards, tools, and trust models active in digital identity
To understand where digital identity concepts apply in online trust and payment security, to understand the utility of various tools based on role in the identify lifecycle, and to appreciate the challenges of development of a systemic digital identity ecosystem.
Set against the ongoing drumbeat of data breaches, the payments industry is moving towards tokenized payment data at an amazing pace. This webinar will dive into tokenization fundamentals, compare the prevalent approaches, and examine the implications of each.
Tokenization concepts and approaches
Merchant tokens – current model and likely evolution
Issuer tokens – flows, roles, data elements, and role of EMVCo
Other tokenization initiatives on the horizon
To understand the similarities and differences between merchant tokenization and issuer tokenization — and gain an understanding of where each fits in the market and why.
AI technologies have been around for a while in the payments industry, but they have never been as hot a topic as they are right now. This is largely due to the huge amounts of venture financing that is flowing into AI startups, the emphasis that Google and others are putting on AI as the next market battleground, and the tangible results that have been shown to date. This webinar will orient the payments professional to the world of artificial intelligence and illustrate recent payments-related innovations.
Natural language processing and commerce
Facial recognition and authentication
Machine learning and risk management
Machine learning and offer targeting
To understand how artificial intelligence and related technologies are being used in the payments industry today.
New payment systems that transfer money in real-time between bank accounts are starting to emerge all over the world. These systems are now starting to appear in the United States. Who are the providers? What are the use cases and value propositions? And how might things shake out in the ultra-competitive U.S. market? This webinar will provide an orientation to the quickly changing world of real-time payments.
Real-time payments defined – requirements, variations, examples around the world
Federal Reserve and the Faster Payments Roadmap
Real-Time Payments (The Clearing House) and Zelle (Early Warning Services)
Card “push” payments – Visa Direct and MasterCard Send
NACHA – Same Day ACH
To understand the real-time payment phenomenon and the status of the various initiatives competing to bring such systems to the United States.
The card networks have recently launched expanded capabilities to “push” funds to debit cards and credit cards. These new capabilities repurpose the card network settlement systems to support real-time payments to cardholders and open up new segments of the industry for card-enabled payments. This webinar will introduce the concept and describe the similarities and differences between the main alternatives.
General design principles and declared use cases
Visa’s approach and rationale – Visa OCT and Visa Direct
Mastercard’s approach and rationale – Mastercard MoneySend and Mastercard Send
Push payments on PIN Debit rails
To understand this new segment of the card industry and its competitive positioning relative to other open and closed networks around the world.
We have always used our voice to order products. But today, instead of ordering from the friendly clerk behind the neighborhood counter, we are increasingly ordering from the voice bot in the cloud. How does this work? How is it different than traditional ordering channels? And who are the early leaders? This webinar will paint the emerging landscape for payments professionals and highlight how payments are being voice enabled.