International payments

Payments become contactless and mobile. This will be insured by properly equipped credit cards and girocards of smartphone- and banking apps for mobile payments. Instant Payments allow payment execution in real time and in less than 10 seconds. Consumers expect fast as well as smart and secure applications. Companies are expecting immediate use of funds and an accelerated execution of payments. Who will place themselves in competition successfully?  Do we see comprehensive and consistant solutions? What are further trends?
 
With this seminar we provide relevant information on the basics and structures of international payments. Furthermore you will gain expert knowledge on e.g. foreign currency transactions, correspondent banking, payment methods, SWIFT global payments as well as on specific regulatory requirements such as KYC procedures, Anti-money-laudering (AML) and Balance of payment reporting (BoP).

Fintechs, blockchain, settlement, PSD II, clearing, customer-friendly processes: terms you will face in relation to payments. After coming into force of the EU Payment Services Directive (PSD II) it is possible and allowed that other / further service providers will get between customers and payment processing and thereby financial institutions will be used as providers of infrastructure only.
 
This seminar is designed for employees of industrial companies and companies of the financial services sector from business areas like payments, organization, audit and IT, relationship managers for private, commercial and corporate customer business as well as for professionals, who will increase their deeper knowledge on payments and/or their consulting and sales expertise.

Interactive lecture, discussion, individual and group exercises, case studies, reflection