Master's Program Course Descriptions - The Payments Institute

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TPI 2018 Master's Program Course Descriptions

Beginning on Monday, Master's students will break out into two classrooms. Both rooms will offer the same curriculum with classes held at different times.

Sunday, July 22

Introduction to the U.S. Payments Ecosystem
Lecture Halls
12:15 PM-1:30 PM

This opening lecture introduces students to the U.S. payments system and explains how payments work within and across channels through various participants. Topics covered include ACH, wire, check, card, cash and treasury management. Networks, nuances, rules, as well as participants’ roles and responsibilities are also discussed. Students learn how payments move, what regulatory bodies affect each payment type, and how payments clear and settle. This level-setting course gives students a firm foundation about the payments ecosystem.

Faculty: Richard R. Oliver, Independent Consultant


Master's Program Introduction
Master's Program
1:45 PM-2:00 PM

This brief introduction to the Master's Program allows students and faculty an opportunity to define objectives for the program and learn about fellow participants.

Faculty: Richard R. Oliver, Independent Consultant


Planning for the Future of Payments
Master's Program
2:00 PM-3:30 PM

Never before has effective strategic planning been more important in the payments world. Yet, the ability to do it effectively is interrupted by the rapid, and frequently unpredictable, changes in the environment. This course proposes a contemporary strategic planning model that maximizes the opportunity for long-term success.

Faculty: Richard R. Oliver, Independent Consultant


NEW! The Impact of Fintech on the Traditional Payments Participant
Master's Program
3:30 PM-5:30 PM

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 disrupt 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 as a whole will be impacted now and in the future.

Faculty: Peter Tapling, Chief Revenue Officer, Early Warning


Monday, July 23

NEW! Industry Update: Facts About Faster Payments
Lecture Halls
8:30 AM-9:45 AM

What really goes into defining and understanding faster payments? By now, you should be familiar with Same Day ACH and real-time payments, but there is a lot innovation happening in the U.S. and abroad that FIs need to know. The payments industry is about more than just moving funds, but also how to understand and communicate what “faster” is in terms of value to the customer. Faculty in this course break down the faster payments landscape, providing an easy to follow look at various initiatives under development in the U.S.

Faculty: Joseph Casali, AAP, NCP, Senior Vice President, NEACH
              Tristan Thompson, VP, Payments Group Manager, Bank Product & Services, UMB Bank, N.A.


 

NEW! Solving the P2P Payments Puzzle
Master's Program
10:00 AM-11:00 AM

Faculty member Peter Tapling leads students on a journey to solve Peter's P2P puzzle. Students are broken in to teams and invited to create ideas for P2P payment solutions.

Faculty: Peter Tapling, Chief Revenue Officer, Early Warning

NEW! Faster Payments Strategies - Classroom B
Master's Program
10:00 AM-11:00 AM

The faster payments movement in the U.S. shows no signs of stopping. All payments participants will be impacted in some manner by a new product, payment system, or process. But how do individual organizations make a decision on what to offer and when to implement change? Building a strategy for faster payments goes beyond understanding the “hows” and the “whys.” It must also include the “why nots” and the “what ifs.” Faculty in this course explore faster payments offerings available in the marketplace while examining questions to consider when building a faster payments strategy.

Faculty: Jeremy D. Pritchard, AAP, CTP, SVP, Senior Treasury Professional, State Bank & Trust Company
              Tristan Thompson, VP, Payments Group Manager, Bank Product & Services, UMB Bank, N.A.


Innovation in Response to Disintermediation
Master's Program
11:15 AM-12:15 PM

As the payments landscape becomes more and more diverse, financial institutions must become increasingly agile to maintain a leadership role in payment processing. If they cannot meet the needs of a changing industry, non-financial institutions will step in to fill the void. New entrants into the payments space such as Dwolla, Venmo and Apple Pay continue to challenge the status quo of payments, impacting the banking industry as disintermediation occurs in the payments space. This hands-on course challenges students to solve problems in innovative ways and present their ideas to demonstrate how innovation is necessary to remain competitive in the payments landscape.

Faculty: Jeremy D. Pritchard, AAP, CTP, SVP, Senior Treasury Professional, State Bank & Trust Company
             Brad Smith, AAP, Digital and Emerging Payments, Capital One
 

Grow with Corporates - Classroom B
Master's Program
11:15 AM-12:15 PM

Corporate clients are extremely important to financial institutions of all sizes. However, there can be a disconnect at times when it comes to growing your relationship with existing clients, recruiting new clients, and understanding their issues. Many corporates do not understand “ACH speak” and FIs do not always understand “Corporate speak,” but if you want to grow your corporate client base you have to learn to talk to corporates in a way they will understand. This course helps students broaden their breadth of knowledge of how corporates operate, and offers important takeaways to bring back to your institution as you forge new partnerships with corporate clients.

Faculty: Ruth A. Harpool, AAP, CTP, Managing Director, Treasury Operations, Indiana University

 


Putting Innovation to Work
Master's Program
1:30 PM-2:30 PM

In the Innovation in Response to Disintermediation class students were challenged to solve problems in innovative ways. This supporting course provides an interactive forum to present their ideas to demonstrate how innovation is necessary to remain in the payments landscape. Teams create a product or idea and work together to present their solutions. What team will emerge victorious at the conclusion of the presentations?

Faculty: Jeremy D. Pritchard, AAP, CTP, SVP, Senior Treasury Professional, State Bank & Trust Company
              Brad Smith, AAP, Digital and Emerging Payments, Capital One
 

NEW! Business Case Lab - Classroom B
Master's Program
Monday, July 23, 1:30 PM-2:30 PM

The Grow with Corporates class introduced students to the concept of "corporate speak" and how to strengthen and grow your relationships – as FIs with business clients and as Originators with FI partners. This course asks students to apply that knowledge to scenarios that allow teams to work together to develop and deliver their sales pitch to potential clients and partners. Faculty work with the teams to assess pitches and offer constructive feedback on how to structure a business call.

Faculty: Ruth A. Harpool, AAP, CTP, Managing Director, Treasury Operations, Indiana University

 


The Payments Court: Law & Order
Master's Program
3:00 PM-4:00 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. Teams are divided into plaintiffs, defendants and jurors as they strategize to break down the facts of each case. Several preeminent payments attorneys assist in this engaging, interactive course. These are their stories.

Faculty: Paul A. Carrubba, Partner, Adams & Reese, LLP
              Duncan Douglass, Partner, Alston & Bird LLP
              Jane E. Larimer, Chief Operating Officer & General Counsel, NACHA - The Electronic Payments Association

Payments Risk Management Systems & Controls - Classroom B
Master's Program
Monday, July 23, 3:00 PM-4:00 PM

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

Faculty: Michele Barlow, AAP, NCP, Vice President, WACHA - The Premier Payments Resource
              Jen Wasmund, AAP, CTP, NCP, Enterprise Payments Risk Manager, Capital One


Tuesday, July 24

NEW! Industry Update: Faster Payments Models & Use Cases
Lecture Halls
8:30 AM-9:45 AM

This interactive course features a panel of experts exploring use cases for faster payments. Faster payments solutions all seek to solve the same problem – how to move payments faster and seamlessly for the user. But do all of the solutions work together? Students come away with a clear understanding of potential faster payments solutions and an idea of what might be ahead.

Faculty: Nell Campbell-Drake, AAP, Vice President, Federal Reserve Bank of Atlanta
              Jane E. Larimer, Chief Operating Officer & General Counsel, NACHA - The Electronic Payments Association
              Tim Mills, AAP, Vice President, Executive Director, The Clearing House
              Peter Tapling, Chief Revenue Officer, Early Warning
 


 

NEW! How to Present Ideas to Your Board
Master's Program
10:15 AM-11:30 AM

Now that you are a payments expert, how do you work within your organization to introduce ideas and instill change? How can you use the information gained this week to more effectively manage risks and costs, improve business processes, and derive greater benefit? What is the most effective way to engage your Board in these decisions? In this course, students gain information on how to share what you have learned with decision-makers in your company and work to apply your new knowledge to engender positive change in your organization.
 
Faculty: Elizabeth A. Cronenweth, AAP, CTP, SVP, ACH Segment Manager, Huntington National Bank
              Robert Dael, President & CEO, MACHA - The Mid-Atlantic Payments Association 

 


          

Innovation in Response to Disintermediation - Classroom B
Master's Program
10:15 AM-11:30 AM

As the payments landscape becomes more and more diverse, financial institutions must become increasingly agile to maintain a leadership role in payment processing. If they cannot meet the needs of a changing industry, non-financial institutions will step in to fill the void. New entrants into the payments space such as Dwolla, Venmo and Apple Pay continue to challenge the status quo of payments, impacting the banking industry as disintermediation occurs in the payments space. This hands-on course challenges students to solve problems in innovative ways and present their ideas to demonstrate how innovation is necessary to remain competitive in the payments landscape.

Faculty: Jeremy D. Pritchard, AAP, CTP, SVP, Senior Treasury Professional, State Bank & Trust Company
               Brad Smith, AAP, Digital and Emerging Payments, Capital One
 


NEW! Board Presentations Lab
Master's Program
11:30 AM-12:30 PM

This interactive course breaks students into small groups to develop and deliver a mock Board presentation, providing hands-on experience to take back to your organization.

Faculty: Elizabeth A. Cronenweth, AAP, CTP, SVP, ACH Segment Manager, Huntington National Bank
               Robert Dael, President & CEO, MACHA - The Mid-Atlantic Payments Association

 

 

Putting Innovation to Work - Classroom B 
Master's Program
11:30 AM-12:30 PM

In the Innovation in Response to Disintermediation class students were challenged to solve problems in innovative ways. This supporting course provides an interactive forum to present their ideas to demonstrate how innovation is necessary to remain in the payments landscape. Teams create a product or idea and work together to present their solutions. What team will emerge victorious at the conclusion of the presentations?

Faculty: Jeremy D. Pritchard, AAP, CTP, SVP, Senior Treasury Professional, State Bank & Trust Company
               Brad Smith, AAP, Digital and Emerging Payments, Capital One
 


Understanding Payments Settlement
Master's Program
1:45 PM-2:45 PM

This course examines the systems that provide arrangements for transferring value between system’s members and their end-user customers. Each payments system requires a network with which to clear the payments and a settlement agent to provide final settlement of the claims and liabilities between their members. Students will come away with an understanding of the design of U.S. payments clearing and settlement infrastructures along with the responsibilities of the system participants. Students gain knowledge that can be applied toward efficient payments policy and strategy development.

Faculty: Jessica J. Washington, AAP, Payments Risk Expert, Federal Reserve Bank of Atlanta

 

The Payments Court: Law & Order - Classroom B
Master's Program
1:45 PM-2:45 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. Teams are divided into plaintiffs, defendants and jurors as they strategize to break down the facts of each case. Several preeminent payments attorneys assist in this engaging, interactive course. These are their stories.

Faculty: Paul A. Carrubba, Partner, Adams & Reese, LLP
              Duncan Douglass, Partner, Alston & Bird LLP
              Jane E. Larimer, Chief Operating Officer & General Counsel, NACHA - The Electronic Payments Association
 


NEW! Faster Payments Strategies
Master's Program
3:00 PM-4:00 PM

The faster payments movement in the U.S. shows no signs of stopping. All payments participants will be impacted in some manner by a new product, payment system, or process. But how do individual organizations make a decision on what to offer and when to implement change? Building a strategy for faster payments goes beyond understanding the “hows” and the “whys.” It must also include the “why nots” and the “what ifs.” Faculty in this course explore faster payments offerings available in the marketplace while examining questions to consider when building a faster payments strategy.

Faculty: Jeremy D. Pritchard, AAP, CTP, SVP, Senior Treasury Professional, State Bank & Trust Company
               Tristan Thompson, VP, Payments Group Manager, Bank Product & Services, UMB Bank, N.A.

Understanding Payments Settlement - Classroom B
Master's Program
3:00 PM-4:00 PM

This course examines the systems that provide arrangements for transferring value between system’s members and their end-user customers. Each payments system requires a network with which to clear the payments and a settlement agent to provide final settlement of the claims and liabilities between their members. Students will come away with an understanding of the design of U.S. payments clearing and settlement infrastructures along with the responsibilities of the system participants. Students gain knowledge that can be applied toward efficient payments policy and strategy development.

Faculty: Jessica J. Washington, AAP, Payments Risk Expert, Federal Reserve Bank of Atlanta


Wednesday, July 25

NEW! Industry Update: NACHA's Roadmap to the Future
Lecture Halls
8:30 AM-9:45 AM

In this course, NACHA Chief Operating Officer Jane Larimer provides a review of the ACH Roadmap, which serves as the new strategic plan for the ACH Network. Students learn how input from all payments stakeholders captured through NACHA’s inclusive and comprehensive strategic planning process shaped the Roadmap, which establishes areas of focus for activities to move the Network forward.

Faculty: Jane E. Larimer, Chief Operating Officer & General Counsel, NACHA - The Electronic Payments Association
 


 

Payments Risk Management Systems & Controls
Master's Program
10:15 AM-11:30 AM

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

Faculty: Michele Barlow, AAP, NCP, Vice President, WACHA - The Premier Payments Resource
Jen Wasmund, AAP, CTP, NCP, Enterprise Payments Risk Manager, Capital One
 

NEW! Solving the P2P Payments Puzzle - Classroom B
Master's Program
10:15 AM-11:30 AM

Faculty member Peter Tapling leads students on a journey to solve Peter's P2P puzzle. Students are broken in to teams and invited to create ideas for P2P payment solutions.

Faculty: Peter Tapling, Chief Revenue Officer, Early Warning
 


Grow with Corporates
Master's Program
12:30 PM-1:30 PM

Corporate clients are extremely important to financial institutions of all sizes. However, there can be a disconnect at times when it comes to growing your relationship with existing clients, recruiting new clients, and understanding their issues. Many corporates do not understand “ACH speak” and FIs do not always understand “Corporate speak,” but if you want to grow your corporate client base you have to learn to talk to corporates in a way they will understand. This course helps students broaden their breadth of knowledge of how corporates operate, and offers important takeaways to bring back to your institution as you forge new partnerships with corporate clients.

Faculty: Ruth A. Harpool, AAP, CTP, Managing Director, Treasury Operations, Indiana University
 

NEW! How to Present Ideas to Your Board - Classroom B
Master's Program
12:30 PM-1:30 PM

Now that you are a payments expert, how do you work within your organization to introduce ideas and instill change? How can you use the information gained this week to more effectively manage risks and costs, improve business processes, and derive greater benefit? What is the most effective way to engage your Board in these decisions? In this course, students gain information on how to share what you have learned with decision-makers in your company and work to apply your new knowledge to engender positive change in your organization.

Faculty: Elizabeth A. Cronenweth, AAP, CTP, SVP, ACH Segment Manager, Huntington National Bank
               Robert Dael, President & CEO, MACHA - The Mid-Atlantic Payments Association 
 


NEW! Business Case Lab
Master's Program
1:45 PM-2:45 PM

The Grow with Corporates class introduced students to the concept of "corporate speak" and how to strengthen and grow your relationships – as FIs with business clients and as Originators with FI partners. This course asks students to apply that knowledge to scenarios that allow teams to work together to develop and deliver their sales pitch to potential clients and partners. Faculty work with the teams to assess pitches and offer constructive feedback on how to structure a business call.

Faculty: Ruth A. Harpool, AAP, CTP, Managing Director, Treasury Operations, Indiana University

NEW! Board Presentations Lab - Classroom B
Master's Program
1:45 PM-2:45 PM

This interactive course breaks students into small groups to develop and deliver a mock Board presentation, providing hands-on experience to take back to your organization.

Faculty: Elizabeth A. Cronenweth, AAP, CTP, SVP, ACH Segment Manager, Huntington National Bank
               Robert Dael, President & CEO, MACHA - The Mid-Atlantic Payments Association