Faster Payments Education with the Payments Professor and the Nacha FPP Certificate Program Module 1
Faster Payments Foundations - FPP Certificate Program Module 1
The Faster Payments Professional (FPP) certificate is a first-of-its-kind program providing professionals with holistic views of faster payments and getting them acquainted with current offerings.
Earning this certificate demonstrates your proficiency in the faster payments field. The certificate program will be offered in three (3) separate modules. Each module will be sold separately.
- Module 1 - Faster Payments Foundations - topics include:
- What are faster payments?
- Why use faster payments?
- Types of faster payments
- Parties Involved/Stakeholders
- Faster Payment Network Fundamentals
- Faster Payment Use Cases
- Overview of Risk and Regulations
- Module 1 Quiz
Each module will include a series of pre-recorded webinars that allows for self-paced study. Once each module is complete, there is a short quiz.
Future modules include:
- Module 2 - Faster Payments Functionality
- estimated delivery late summer 2023
- Module 3 - Operations, Fraud, Risk, Legal & Regulatory Considerations
- estimated deliver early 2024
Once all modules and quizzes are complete, one final certificate exam will be offered.
AAP/APRP Credits for FPP Module 1 - Faster Payments Foundations - 2.6
Note: Credits for Modules 2 & 3 have yet to be determined.
Pricing:
Member Price: $299
The certificate program is NOT included in any Platinum Training Club package.
Click Here to Register!
FedNow Know Now - Payments Professor Online Course
What do you need to know and understand now about FedNow? How do you prepare for FedNow? How will FedNow work?
Join Kevin Olsen, the Payments Professor, as he covers everything related to FedNow in this online course!
The course contains 19 videos (over 2.5 hours of content), a course workbook, and a certificate awarded at the completion of the course.
Sessions include:
- Introduction To FedNow
- What Is FedNow?
- What Will Be Included In The FedNow Launch?
- How Do You Access FedNow?
- What Types of Faster Payments Will Be Available With FedNow?
- How Does A Faster Payment Work?
- How Will A FedNow Payment Flow?
- What Does FedNow Mean To Faster Payments?
- What Is The Difference Between Open And Closed Systems?
- What Is The Difference Between Deferred And Real Time Settlement?
- What Are The Benefits Of FedNow For Consumers?
- Business Benefits
- Why Did Fed Have To Create FedNow?
- What Does The Banking industry Want?
- Funds Availability Bill Pay
- Now What is FedNow?
- FedNow Final Review
- FedNow Know Now Graduation
- FedNow - Preparing Top 5
AAP/APRP Credits - 3.1
Pricing:
Member Price: $325
The online course is NOT included in any Platinum Training Club package.
Click Here to Register!
As a PaymentsFirst member benefit, we have newly created educational material focused on faster payments education. Brought to you by Kevin Olson, the Payments Professor. Please review his biography below and take a quick minute to watch the video below. Once you are finished, click on the FedNow Know Now, or the Real Time Education for Real-Time Payments buttons below and review the various titles and packages available for PaymentsFirst members.
It’s no secret the world of electronic payments continues to evolve, so keeping up with the latest trends and developments in the space can be challenging. With more than two decades of payments expertise, Kevin Olsen, currently SVP of Innovation & Strategy at Pidgin and known by many in the industry as the “Payment Professor,” Olsen develops programs, presentations, and articles designed to orient and inform financial professionals on a multitude of electronic payment topics.
Olsen seeks to educate audiences on the latest developments and trends in the fascinating world of electronic payments with content that is informative, motivating, and entertaining. Courses are delivered in short video format and may be viewed on-demand. Viewers can rewatch, revisit, and relearn subjects at their own pace with the Payments Professor there to guide you. Among his many certifications, the Payments Professor is an Accredited ACH Professional (AAP), an Accredited Payments Risk Professional (APRP), and an NCP (National Check Payments Certification) as well as an NCP Certified Trainer and CHPC (Certified High-Performance Coach).
Real Time Education for Real Time Payments - Payments Professor Online Course
Discover the basics of the RTP network such as defining key terms, identifying key participants, understanding messaging fundamentals, and much more. Complete the course before moving onto the next RTE for RTP that includes discussions on risk management and auditing of the RTP network.
Join Kevin Olsen, the Payments Professor, as he covers everything related to RTP in this online course!
The course contains 28 videos (almost 2.5 hours of content), a course workbook, and a certificate awarded at the completion of the course.
Sessions include:
- Real Time Education for Real-Time Payments Introduction
- What is RTP?
- Who is The Clearing House?
- What RTP is NOT
- What Payments are Eligible to be an RTP?
- Prohibited Actions Searching for Accounts
- RTP Prohibited Transactions Part 2 Foreign
- Introduction to RTP - Review
- Eligibility Requirements
- The RTP Main Participants
- Rule Update - January 2021
- Introduction to Funding Participants
- Funding Manager or Provider
- Payment Service Provider
- Participants - Review
- Compliance Responsibilities
- Sending Participants Compliance
- Receiving Participants Compliance
- RTP Compliance Responsibilities Review
- Introduction to All Messages
- Six Basic Types of RTP Messages
- Request for Payment Instruction - Part 1
- Request for Payment Instruction - Part 2
- Messages - Review
- Settlement and Pre-funding Introduction
- Funding the Settlement Account
- How Does Settlement Work?
- Settlement 101 - Review
AAP/APRP Credits - 3.0
Pricing:
Member Price: $325
The online course is NOT included in any Platinum Training Club package.
Click Here to Register!
As a PaymentsFirst member benefit, we have newly created educational material focused on faster payments education. Brought to you by Kevin Olson, the Payments Professor. Please review his biography below and take a quick minute to watch the video below. Once you are finished, click on the FedNow Know Now, or the Real Time Education for Real-Time Payments buttons below and review the various titles and packages available for PaymentsFirst members.
It’s no secret the world of electronic payments continues to evolve, so keeping up with the latest trends and developments in the space can be challenging. With more than two decades of payments expertise, Kevin Olsen, currently SVP of Innovation & Strategy at Pidgin and known by many in the industry as the “Payment Professor,” Olsen develops programs, presentations, and articles designed to orient and inform financial professionals on a multitude of electronic payment topics.
Olsen seeks to educate audiences on the latest developments and trends in the fascinating world of electronic payments with content that is informative, motivating, and entertaining. Courses are delivered in short video format and may be viewed on-demand. Viewers can rewatch, revisit, and relearn subjects at their own pace with the Payments Professor there to guide you. Among his many certifications, the Payments Professor is an Accredited ACH Professional (AAP), an Accredited Payments Risk Professional (APRP), and an NCP (National Check Payments Certification) as well as an NCP Certified Trainer and CHPC (Certified High-Performance Coach).
