Master’s Program

Sunday, July 26

New! The Story of Payments

12:45 PM–2:15 PM

The U.S. payments system is a critical piece of this nation’s infrastructure. Its reliability and resilience are fundamental to rapid recovery from natural disasters, direct attacks on the system and internal disruptions. In many respects, the payments system is the engine of commerce for our society and a critical pipeline of the economy. Few can explain the term “payments system” and even fewer appreciate its importance. In this course students learn from the men who – literally - wrote the book on payments as they explore how the industrialization of trust created the modern payments system. As a reference, students enrolled in the Master’s Program receive a complimentary copy of the upcoming publication “The Story of Payments: How the Industrialization of Trust Created the Modern Payments System.”

Payments Risk Management Systems & Controls

3:00 PM–4:15 PM

Risk management controls impact numerous systems and functions within any organization, regardless of the payment type. Vendor management, business continuity, identity authentication and capital adequacy are some examples of policies your organization may have in place. How should they work together to create a risk management profile? Students should come prepared to discuss the key elements of risk management systems and controls and review how their organization's overall risk strategy may be impacted.

Master’s Class Meetup

4:30 PM–5:45 PM

This networking and education opportunity allows students to mingle and to discuss situations they have encountered, vendors they have used, and rules they may not fully understand (or think should be changed). Students are encouraged to send in suggested topics in advance of TPI. Both Payments Risk Management Master’s and Master’s Program students will participate in this interactive setting.

Monday, July 27

New! Current Events in Payments Panel

8:30 AM–9:45 AM
Lecture Hall

This lecture hall features a panel providing insight into the most recent news in payments. Using suggestions from the audience, crowd sourcing and current events this session will explore the payments landscape and what might be on the horizon. This faculty panel represents all touchpoints in payments including innovators, regulators, end-users, financial institutions and processors will ensure a full view of the issues is presented.

The Impact of Fintech on the Traditional Payments Participant

10:00 AM–11:15 AM

You may not have yet encountered the effects of a major fintech innovation in your everyday life at your financial institution – or have you? Fintechs are constantly at work trying to change or introduce new methodologies relative to how FIs function and do business. It is important to know what is going on in the fintech space and understand exactly how you and your organization may be impacted now and in the future.

New! Communication Planning for Crisis Management

12:30 PM–2:00 PM

When a crisis strikes – be it operational, natural or risk-based – having a plan on how to communicate internally or externally is essential. It is critical not to spend time during a crisis on building the plan so that time can be spent on executing what needs to be communicated and to whom. This course provides students with the tools they need to have a foundational crisis management plan in place and to recognize what elements of the situation are most important to share.

New! Maintaining Harmonious Policies & Procedures

3:45 PM–5:15 PM

Policies and procedures are key components of a risk strategy. However your policies cannot be effective unless your procedures back them up. Additionally, you cannot write appropriate policies without understanding your risk appetite. Instructors in this course examine how concepts for policies and procedures go hand-in-hand, including some real-life examples from an auditor. Tips on how to make your policies and procedures more effective will also be shared.

Tuesday, July 28

New! Nacha: The Strategic Direction & Future Vision

8:30 AM–9:45 AM
Lecture Hall

For more than 45 years, the ACH Network, with Nacha as its steward, has served as the backbone of electronic payments and of the payments industry. Through education, advocacy and collaboration, Nacha and its members have worked together to propel payments forward and to ensure the Network grows and adapts to the changing environment. Working with financial institutions, end users, processors, innovators and regulators allows Nacha to serve as the voice of the industry. In this course, Jane Larimer, Nacha's President and CEO, shares her vision for Nacha and how, along with the ACH Network, it will remain as vital to the payments world as it has always been.

New! Faster Payments Strategies: Build or Buy?

10:00 AM–11:00 AM

Formulating a faster payments strategy involves all areas in an organization and includes taking a hard look at the organization’s existing infrastructure and capabilities. Once a decision to move ahead with a strategy is made, one of the main questions organizations face is whether to build a solution internally or engage with a processor or vendor to explore existing capabilities. This course presents the pros and cons of both the build and buy options, and provides students with information to consider as their organization moves toward making a decision.

New! Mastering Payments Technology

11:15 AM–12:15 PM

Understanding changing technologies, including APIs, blockchain and standards, is a critical element of helping your organization manage change. This course examines APIs from both a consumer user and publishing perspective, as well as explores the capabilities and possibilities that exist in blockchain and cryptocurrency.

New! Payment Systems Law

1:30 PM–3:00 PM

Understanding the fundamentals of laws and regulations related to payments is crucial, but so is having a clear understanding of how these interact with one another, particularly when there may be overlap. With so many agencies overseeing the industry, students will gain knowledge of which has jurisdiction over not just payments in general but also on individual transactions. The rules and regulations for each payments rail may or may not be the same, and the authority over the transaction could also differ. This course delves into these issues and more.

The Payments Court: Law & Order

3:15 PM–4:30 PM

In the payments system, regulations are created to protect the innocent. In this course, the dedicated students who listen to these cases become the judge and jury as they preside over payments-related legal rulings. After being provided the casework, teams are divided into plaintiffs, defendants and jurors as they strategize to determine the facts of each case. Several preeminent payments attorneys assist in this engaging, interactive course. These are their stories.

Wednesday, July 29

New! Cybersecurity Assessment Tools for the Non-IT Professional

8:30 AM–9:15 AM

Students in this course will discuss how risk, compliance and operational staff – the non-IT professionals – can assist with the enhancement of their organization’s cybersecurity. The NIST Cybersecurity Framework and the FFIEC Cybersecurity Tool will be dissected to show how these groups can support these important initiatives. Topics explored in the framework and tool include phishing, key logger, and malware, and instructors will provide suggested strategies and mitigation measures. Instructors in this course help students fully understand how to discuss the tool with executive management and/or their board, what they need to know as non-IT professionals, how to assist with the implementation of the framework and how to use the tool to enhance cybersecurity at their organization.

New! FedNow®: Working it in to your Faster Payments Strategy

9:30 AM–11:15 AM

FedNow may still be a few years away from going live, but you should be thinking about and planning for its potential impact on your operations now. Instructors present students with current available information about FedNow, then lead an interactive discussion about what areas of their operations should be looked at between now and 2023. Students will have the opportunity to pose questions both to the instructors and each other on approaches that can be taken when considering how their organization should proceed from a planning perspective.

New! Rolling out a Marketing Campaign

11:30 AM–12:30 PM

The decision to offer new products does not begin with the product itself, but with an understanding of how to market and promote while building brand awareness. However, campaigns should not only be rolled out for new products and services, but recognizing when trusted products are in need of attention is also key. This course walks students through the steps necessary to roll out a marketing campaign to build or rebuild brand awareness. Following a brief presentation, students work in teams to build a campaign plan.

New! Impact Considerations for a 24×7×365 World

1:30 PM–3:00 PM

With faster (and immediate) payments come faster (and immediate) settlement. And with faster (and immediate) settlement comes many operational changes. Financial institutions and end users are now having to reconsider the meaning of “end of day” as new procedures for cash and liquidity management become more important. Students in this course engage with instructors to draft a list of considerations an institution may need to consult as they prepare to change the traditional 9-to-5 banking day into an around-the-clock world.