Payments System Trends
Course Number: ABA
Course Code: ABA
Explore the current regulatory and technology trends affecting the payments business. Learn the key drivers of faster payments, as well as the payments-related efforts being led by the Federal Reserve, the National Automated Clearing House Association and The Clearing House.
What You’ll Learn
After successfully completing this course, you will be able to:
- Explain why the payments business matters to a financial institution
- Identify the drivers behind the move toward faster payments
- Describe the NACHA Same Day ACH initiative
- Describe The Clearing House Real-Time Payments System initiative
Audience: For branch and administrative staff who have familiarity with the basics of banking and payment systems but who need to develop a more strategic view of the payments business.