National Payments and Security Settlement Systems
Course Feature
Class Description
Course Objective
To provide participants’ with an understanding of the policy, framework and regulatory issues in a national payment system (NPS). Further, the course will expose participants’ to the basic concepts, components of the NPS, the payment system landscape, clearing and settlement, regulatory landscape, payment instruments and standards.
Course Content
- Introduction to national payment systems
- The regulatory framework for national payment systems
- Interconnection in retail payment systems
- Clearing and settlement principles
- Payment standards and security
- National payment systems and competition
- M-Banking and payment systems
- Key issues with mobile payments
- Understanding the demand-side for payment services
- Interchange and its effect on a national payment system
- Real Time Gross Settlement System (RTGS)
- CDS accounts and capital market
- Settlement system
- Risks in payment systems
Target Group
Staff dealing with payments, clearing and settlement systems.
Venue: Nairobi