12:30 PM-1:30 PM
New! Anatomy of Payments
This course takes a strategic look at the physical make up of the payment from an operational, financial, and risk perspective, because not all payments are made equal for all use cases. While examining the finality of payments, how payments work and interact, operational attributes of payments and why some payment types work for one type of use case but may not work for others, faculty share ideas on how to match payment types to customer needs as a payment revenue and product strategy.
Richard R. Oliver, Independent Consultant
2:00 PM-3:00 PM
New! Economics of Payments
Payment systems drive commerce and commerce drives the economy, which in turn make payments critical to the flow of funds needed to keep the economy functioning. As technology, consumer needs and behaviors, and the regulatory environment evolve, the payment systems in the U.S. have been reinventing themselves as well. This course examines the underlying economics of payment systems along with the network effects on those systems.
Brian Laverdure, AAP, VP, Payments & Technology Policy, Independent Community Bankers of America
3:45 PM-5:15 PM
New! 2021 Nacha Operating Rules Update
There are currently six - yes, six! - new Rule amendments being implemented in 2021 so this is NOT the year you'll want to miss getting the latest information straight from the source. From Supplementing Fraud Detection to Meaningful Modernization it is critical that all ACH Network participants understand what steps need be taken to ensure compliance with these changes. This course reviews all elements of the amendments and offers a glimpse at what might be coming in 2022.
Amy K. Morris, Senior Director, ACH Network Rules, Nacha
5:30 PM-6:30 PM
Take part in a socially-distanced friendly T-shirt scavenger hunt, with a prize on the line. Continue your conversations from earlier in the day and begin forming new friendships.