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Register online, by phone (800) 349-1935,or fax (800) 712-5569
Who should attend Faster Payments: Evolution or Revolution? Webinar
Bankers, Payments Professionals, Operations Managers, Cash Management Product and Sales Staff, Treasury Managers
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Bankers, Payments Professionals, Operations Managers, Cash Management Product and Sales Staff, Treasury Managers

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Seminar Summary:

This webinar will help bankers and payment professionals to understand more on Faster Payments Service, its cost, benefits, impact and more (see full course description)

 
 
 

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Training Course Syllabus:


Faster Payments: Evolution or Revolution? Webinar

This webinar will help bankers and payment professionals understand how Faster Payments Service (FPS) and other payment systems are changing the landscape and introducing a new wave of innovation into the marketplace.

The Federal Reserve Bank’s report, Strategies for Improving the U.S. Payment System, and industry analysts are recommending a new U.S. payments system modeled on the one implemented in the United Kingdom. This would have an interesting effect on the Automated Clearing House (ACH) and U.S. payments in general. NACHA (National Automated Clearing House Association) is in agreement and has taken steps to move to same day ACH as an alternative to a new payments system. Other systems are weighing in and bringing their own agendas.


Why Should you Attend:

Many banks have begun to think of faster payments as inevitable. Given that mobile payments have become ‘real-time’, its land-based forerunner will need to catch up as well as an estimated 20 or more countries around the globe.

This webinar will cover the following areas:


  • United Kingdom Faster Payments Service (FPS)

  • The U.K. Payment System before the FPS

  • FPS Costs

  • FPS Implementation

  • Benefits of such a system

  • Implications for the United States

  • Value of the benefits versus costs of adopting the service?

  • Impact on existing systems
Objectives of the Presentation:

  • Faster payments system in other countries

  • Structure of FPS versus U.S. systems

  • U.K. and U.S. infrastructure and governance differences

  • FPS cost/benefit and decision process

  • Real-time vs. Same Day payments considerations

  • Impact on current payment systems

  • Seminar Summary:

    This webinar will help bankers and payment professionals to understand more on Faster Payments Service, its cost, benefits, impact and more (see full course description)

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