Home→Courses→Training Course on Payment Systems and Oversight
Banking Institute
Training Course on Payment Systems and Oversight
Introduction
In today’s dynamic financial ecosystem, robust payment systems and oversight frameworks are fundamental to maintaining monetary stability, systemic risk control, and efficient financial transactions. As digital payments and financial technologies continue to evolve, central banks must strengthen their regulatory roles and supervisory practices to foster secure and resilient national payment infrastructures. Training Course on Payment Systems and Oversight equips participants with deep insights into modern payment system architectures, real-time gross settlement systems (RTGS), and oversight principles aligned with international standards such as those from the Bank for International Settlements (BIS) and CPMI-IOSCO.
The course bridges theory with hands-on experience by exploring key elements such as digital currency integration, cross-border payment innovations, and cyber resilience strategies. Through real-world case studies, peer discussions, and expert-led modules, central banking professionals will enhance their capability to assess risks, implement policy measures, and oversee both traditional and emerging payment instruments. This is a must-attend program for anyone involved in shaping the future of payments.
Programme Curriculum
Training Course on Payment Systems and Oversight
Introduction
In today’s dynamic financial ecosystem, robust payment systems and oversight frameworks are fundamental to maintaining monetary stability, systemic risk control, and efficient financial transactions. As digital payments and financial technologies continue to evolve, central banks must strengthen their regulatory roles and supervisory practices to foster secure and resilient national payment infrastructures. Training Course on Payment Systems and Oversight equips participants with deep insights into modern payment system architectures, real-time gross settlement systems (RTGS), and oversight principles aligned with international standards such as those from the Bank for International Settlements (BIS) and CPMI-IOSCO.
The course bridges theory with hands-on experience by exploring key elements such as digital currency integration, cross-border payment innovations, and cyber resilience strategies. Through real-world case studies, peer discussions, and expert-led modules, central banking professionals will enhance their capability to assess risks, implement policy measures, and oversee both traditional and emerging payment instruments. This is a must-attend program for anyone involved in shaping the future of payments.
Course Objectives
By the end of the course, participants will be able to:
Analyze the structure and functionality of national payment systems.
Understand key oversight principles in accordance with global standards.
Evaluate systemic risks in retail and wholesale payment environments.
Apply policies and tools for payment system regulation.
Examine the integration of central bank digital currencies (CBDCs).
Assess cybersecurity threats and resilience planning in payment systems.
Compare real-time gross settlement systems (RTGS) with other clearing models.
Design oversight frameworks for emerging payment service providers.
Interpret compliance metrics for risk-based oversight.
Explore interoperability and innovation in cross-border payments.
Monitor fintech impacts on legacy payment infrastructures.
Build contingency strategies for payment system disruptions.
Implement data-driven oversight using real-time monitoring tools.
Target Audience
Central bank payment system analysts
Financial market infrastructure supervisors
Monetary policy advisors
Bank regulators and compliance officers
IT professionals in central banking
Legal and risk teams within regulatory bodies
Central bank economists
Payment innovation and fintech integration officers
Course Duration: 5 days
Course Modules
Module 1: Fundamentals of Payment Systems
Understanding retail vs. wholesale payment systems
Core components of national payment infrastructure
Principles for financial market infrastructures (PFMIs)
Roles and responsibilities of central banks
Challenges in traditional clearing systems
Case Study: Evolution of India’s Unified Payments Interface (UPI)
Module 2: Oversight Frameworks and Regulatory Standards
Regulatory objectives in payment systems oversight
BIS/CPMI-IOSCO standard frameworks
Legal underpinnings for effective oversight
Cross-border regulatory harmonization
Risk-based oversight tools
Case Study: The European Central Bank’s TARGET2 oversight structure
Module 3: Real-Time Gross Settlement (RTGS) Systems
Architecture and functioning of RTGS systems
Liquidity management in RTGS environments
Comparison with net settlement systems
Operational risk in RTGS platforms
Enhancing system efficiency
Case Study: Modernization of the Fedwire Funds Service in the USA
Module 4: Emerging Payment Technologies and Fintech
Role of APIs and digital wallets
Open banking and instant payments
Impact of fintech disruptors on traditional systems
Regulatory sandbox approaches
Inclusion through digital channels
Case Study: M-Pesa’s regulatory adaptation in Kenya
Module 5: Cybersecurity and Resilience in Payment Systems
Threat identification and vulnerability mapping
SWIFT security controls and best practices
Cyber incident response protocols
Importance of redundant infrastructure
Aligning with global cybersecurity frameworks
Case Study: Cyber-attack and recovery plan at the Bangladesh Bank
Module 6: Central Bank Digital Currencies (CBDCs)
CBDC design models: retail vs wholesale
Monetary policy implications
Interoperability with legacy systems
Privacy, identity, and data governance
Legal and operational risks
Case Study: China’s e-CNY pilot project and oversight implications
Module 7: Cross-Border Payment Systems and Interoperability
Challenges in cross-border transactions
ISO 20022 implementation and messaging standards
International regulatory cooperation
FX settlement risk mitigation
Instant cross-border remittances
Case Study: Project Nexus by BIS Innovation Hub
Module 8: Data Analytics and Real-Time Monitoring
Using AI and analytics in oversight
Payment data governance and reporting
Key performance indicators (KPIs) in oversight
Dashboards and alert systems
Role of supervisory technology (SupTech)
Case Study: Central Bank of Brazil’s use of Pix analytics for oversight
Training Methodology
Interactive lectures by industry experts and senior policymakers
Real-world case study analysis and problem-solving sessions
Simulation exercises and group activities
Hands-on exposure to oversight and monitoring tools
Peer learning through structured discussions and panels
Register as a group from 3 participants for a Discount
Upon successful completion of this training, participants will be issued with a globally- recognized certificate.
Tailor-Made Course
We also offer tailor-made courses based on your needs.
Key Notes
a. The participant must be conversant with English.
b. Upon completion of training the participant will be issued with an Authorized Training Certificate
c. Course duration is flexible and the contents can be modified to fit any number of days.
d. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.
e. One-year post-training support Consultation and Coaching provided after the course.
f. Payment should be done at least a week before commence of the training, to FINESKILL TRAINING CENTER account, as indicated in the invoice so as to enable us prepare better for you.