Introduction to Payments & Banking

A self-study 5-hour CPD course introducing learners to the theory, applications and practices of the online payments and banking industry. Topics include the history and modern landscape of banking, including the evolution from the barter system to digital currencies and the roles of central banks. It also addresses compliance and risk management, focusing on regulatory frameworks, anti-money laundering practices, and the challenges of implementing compliance policies. Additionally, the course explores various payment methods, including major card networks, digital wallets, open banking, and market-specific alternatives. The importance of risk assessment, data security and technology are also covered.

The course is designed for CySEC certified professionals looking to complete their annual CPD requirements when holding the Advanced, Basic, AML or any combination of CySEC certificates. The course can also be beneficial for other professionals, such as lawyers and accountants working in or with regulated companies.

Instructor

Viktoria Soltesz

Format

Online self-study

5 hours of CPD

Price

120€

course contents

your instructor

Viktoria Soltesz

With over 15 years of experience in the payments market, Viktoria has built a vast network of banks and financial providers through her expert guidance on diverse payments and banking options.

As an expert in the ever-evolving payment landscape, Viktoria provides personalized consulting services, including the development of comprehensive payment plans, international fund transfers, risk reduction, fee renegotiation, tax and cash flow optimization, and overall payment/banking setup.

The Introduction to Payments & Banking course has been developed by Viktoria Soltesz, the founder and CEO of PSP Angels. Through her course, Viktoria educates learners about the the principles and historical development of the banking industry, including the barter system, commodity-based systems, and the evolution to modern banking, as well as the future of money with Central Bank Digital Currencies (CBDCs).

In addition, this 5-hour CPD course helps learners develop skills in understanding payment compliance and risk management, covering topics such as regulatory arbitrage, and-money laundering (AML), know your customer (KYC), know your business (KYB), know your data (KYD), and the challenges of implementing compliance policies.

Furthermore, Viktoria presents the importance and necessity of payment compliance and security standards, focusing on the history of compliance, the role of shell companies and nominees, OFAC sanctions, and risk management strategies. Learners will also develop foundational and advanced knowledge of various payment methods, including major card networks, digital wallets, open banking, vouchers, gift cards, and other local and market-specific payment methods.

The completion of this course counts towards the Continuous Professional Development (CPD) annual requirements of the CySEC Advanced, Basic, and AML certifications.

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