CIPSPTMCPPSTM CCPSPTM Let our highly acclaimed Payment Domain Certifications elevate your career! Payments are an inherent part of our daily life. Strong and robust payment systems are a key to financial stability and economic growth. With continuous evolution and rapid progress, payment industry offers great opportunities. Entry of non-bank players and technology innovations are adding more zing to payments. It is very important for banks, technology companies, players in payment industry as well as professionals working with them to have a thorough knowledge of end-to-end processes, business / career opportunities, regulation and developments in payments. Participants from many IT companies, clearing houses, and banks from Asia, Africa and Middle-east have already been certified. Get certified! Stay ahead of the competition! Contact us for special offers on course combina ons. Certified International Payment Systems Professional Certified Payment Processing Specialist Certified Card Payment Systems Professional www.mvlco.com e. India or Pune. India . The CIPSP program emphasizes on active participation from delegates and includes exercises and case studies. BFSI Academy is the training division of MVL Consulting Private Limited.mvlco. China and India with detailed understanding of each of the payment systems including RTGS. Hybrid Systems and Card/Mobile Payment Systems.Certified International Payment Systems Professional (CIPSP)TM CIPSP certification will help you in enhancing your skills in International Payment Systems. Europe (SEPA). Canada. USA.com All our training programs are also available inhouse. Hong Kong. Get certified! Stay ahead of the competition! MVLCO offers a four full days comprehensive CIPSP certification program extensively focused on International Payment Systems.com What are payment and settlement systems ? What are the risks in payment systems ? How paper based payment systems operate ? How electronic payment systems operate ? How mobile and card payments are made ? How international payments are made ? SWIFT and other messaging systems for payments Join the program at : Bangalore. you will have complete understanding of : +91-9764835350 or email info@mvlco. The course covers important payments systems in countries i. To arrange an inhouse program please contact us on : When you complete CIPSP. Visit MVLCO at www. Course contents Introduction Broad objectives of Payment system and components of payment system Three key elements : Message. Remote deposit capture Payment processing Paper to paper Paper to electronic Electronic to electronic Electronic to paper – Cheque Processing service Card and mobile payments Mobile payments Why does a bank make payments Own account transactions including position maintenance and cover operations Customer transactions Risks in Payment Systems : Herstatt risk. Systemic Risk Operational Risk. Central counterparty system Loss sharing arrangements. Risk mitigation techniques Carefully chosen members Novation. Liquidity Risk. Certification Fees include all the tuition. Payments systems Real Time Gross Settlement (RTGS). Collateral Other mitigation techniques Relationship structures Correspondent banking Bilateral clearing arrangements Network managed banking Why should you attend: International and domestic payments are one of the most happening domain areas in banking and finance. Mumbai and Pune Mode of delivery : Classroom training Fees: Indian Participants INR 17. lunches and refreshments for the duration of the program but does not include accommodation facility and transport costs. Full course fees is payable in advance in favor of “MVL Consulting Private Ltd. full course documentation.000 + service tax International Participants US$ 975 + service tax Contact us for early bird and group discounts. Continuous Linked Settlement (CLS) www. Clearing/Netting and Settlement Paper to electronic payments – check truncation/conversion. Credit Risk. Real Time Net Settlement (Canadian LVTS) Net Settlement.” Remittance information is provided at the time of registration.com . Regular and week-end batches at Bangalore. After this certification you would have a cutting edge over others ! Payment types Book payments Local payments Domestic payments Cross border payments. Hybrid settlement. Check 21.Certified International Payment Systems Professional (CIPSP)TM Duration: 4 full days. Large opportunities exist for Payment Professionals in banks and IT/Software industry.mvlco. BBAN.mvlco. Processors. Partner networks Services provided by interconnect (including STIP) Functions of EFT. reverse positivepay ACH filter/ACH block Lockboxes Impact of regulation Basel Committee on Systemically Important Payment and Settlement Systems FATF/OFAC compliance Wolfsberg Group compliances FATCA compliance AML compliance www. CHIPS. Players in card system – Issuer. Interconnect. debit. Authorisation and Accounting Switch operations and card transaction process Interconnect transactions and settlement process Presentment. UPIC. MT 9XX. TOM. Single and bulk payment instruction processing Processing by payment engines Card and mobile payments Card products types viz. HSM and other devices Card present/card not present transactions Introduction to ISO 8583 message formats Authentication.Certified International Payment Systems Professional (CIPSP)TM Course contents (Con nued) Regional payments systems USA payment systems : Fedwire. Forwards Interbank transactions Merchant transactions Exchange rate determination and rate computation Cash management products Concept of float Cash concentration. BEI. NEFT SWIFT messaging : MT and MX messages Role of SWIFT in payment systems SWIFTnet Fin. credit. ABA routing codes etc. STEP 2 (SCT/SDD) China payment system : China Domestic Foreign Currency Payment System Hong Kong payment system : CHATS Canadian payment system : LVTS Indian payment systems : RTGS.com . Fileact. Acquirer. Browse SWIFT payment message processing – MT 1XX. BIC. positivepay. notional pooling and sweep Virtual account management (VAM) Controlled disbursements. re-presentment and chargebacks Foreign exchange transactions Cash. Spot. ACH SEPA payment systems : TARGET2. MT 2XX. UID. NSS. MX PAIN/ PACS SWIFT Payment Messages examples SWIFT for corporates Straight through processing Codes – IBAN. charge etc. Interact. mvlco. Canada Module 12 : Continuous Linked Settlement System Module 13 : Card payment systems Module 14 : Mobile payments Module 15 : Cash management products Module 16 : Anti‐money laundering and other regulation Get Certified ! Stay Ahead of the Competition ! www.Certified International Payment Systems Professional (CIPSP)TM Course modules Module 1 : Basics of payment systems Module 2 : Risks in payment systems Module 3 : Introduction to RTGS /Hybrid payment systems Module 4 : Introduction to SWIFT MT and MX messages Module 5 : Fedwire RTGS in USA Module 6 : CHIPS in USA Module 7 : ACH and NSS operations in USA Module 8 : Introduction to SEPA and TARGET2 Module 9 : SEPA SCT and SEPA SDD Module 10 : China FCDPS and HKMA CHATS Module 11 : Large Value Transfer System.com . CHIPS. Thorough understanding of end-to-end payment transaction processing. US Systems (Fedwire. ACH and Hybrid Payments Yes No International payment systems e.e. conversion and truncation Yes No Detailed understanding of RTGS. USA. current and future trends . notional pooling. China and India Yes No Detailed understanding of SWIFT MT/MX payment messages No Yes Payment engine/hub operations. handling of exceptions/errors/rejects/ returns. sweep.g. SWIFT MT/MX messages used in payments. SEPA.Comparative: CIPSPTM and CPPSTM Comparing CIPSP with CPPS CIPSPTM CPPSTM Domain focus International payment and International payment and clearing systems operations clearing systems operations Payment transaction processing mainly within banking system Certification key Certification objectiveskey objectives Certification coverage Thorough understanding of international payment of Thorough understanding systems international payment systems International payment systems e. NSS). Canada. straight through processing using payment engine and payment hubs. Payment messages i.g. Hong Kong CHATS. VAM Yes No No Yes Frauds in payments payment analytics. internal payment processing in banks and STP No Yes Card and mobile payments overview Yes Yes Cash management products. China CDFCPS and CLS Bank. Coverage of key elements of payment systems Yes Yes Risks in payment systems and risk mitigation techniques Yes No Detailed understanding of paper based clearing systems. ACH. frauds in payments and payment analytics. STEP2 SCT/ SDD). RTFS. Canadian LVTS. cash concentration. SEPA Systems (TARGET2. Hong Kong. rejects and returns handling Frauds in payments Payment analytics Current and future trends in payments Join our classroom program at : Bangalore. Visit MVLCO at www. Get certified! Stay ahead of the competition! Payments are an inherent part of our daily life.com When you complete CPPS. Mumbai or Pune. It very important for banks. players in payment industry as well as professionals working with them to have a thorough knowledge of end-to-end processes. MVLCO offers a four full days comprehensive CPPS certification program extensively focused on processing wholesale and retail payments. opportunities and developments in payments.Certified Payment Processing Specialist (CPPS) TM CPPS certification will help you in enhancing your skills in payment processing. technology companies. India . investigations. Entry of nonbank players and technology innovations are adding more zing to payments. To arrange an inhouse program please contact us on : +91-9764835350 or email [email protected] All our training programs are also available inhouse.mvlco. you will have complete understanding of : How wholesale and retail payments are processed Structure of SWIFT MT/MX payment messages How payment engines and payment hubs function Exceptions. With Continuous evolution and rapid progress. BFSI Academy is the training division of MVL Consulting Private Limited. payment industry offers great opportunities. com . May change to 14% in near future.e. message repair Payment Exceptions and Investigations Exceptions : request to cancel/request to modify Exceptions : Unable to apply Exceptions : Claim non-receipt Investigation : Resolution Investigation : Notification of case assignment Investigation : Duplicate/Request for duplicate Investigation : Rejection Investigation : Case status report request/report Investigation : Debit authorization request/response Use of software/applications to automate exceptions/investigations Payment Rejects and Returns Understanding rejects and returns Understanding SWIFT reject/return guidelines Using SWIFT MT/MX messages for reject and return Payment Engines. After this certification you would have a cutting edge over others ! Payment Accounting and Funds Management Payment accounting : Settlement Accounts.000 + service tax International Participants US$ 750 + service tax Service tax is currently 12. 1XX. full course documentation. Hybrids and Card Payments Payment transactions : Bank to Bank. Early-bird and group discounts are available (conditions apply) Certification Fees include all the tuition. 2XX. SWIFT etc. Nostro/Nostro Mirrors Payment transactions reconciliation Frauds in Payments Types of frauds and fraud prevention Payment Analytics Payment KPI/KRI and data analytics Current and future trends in payments www. We conduct regular (weekdays) as well as week-end (Sat/Sun) batches Fees: Indian Participants INR 15. Bank-to-Customer Payment Messaging : Messaging methods i. Clearing/Netting and Settlement Electronic Payment Systems viz. PACS and CAMT Message conversion and message processing.Certified Payment Processing Specialist (CPPS)TM Duration: 4 full days. internet. PAIN.mvlco. 3XX and 9XX SWIFT MX messages for payments i.” Course contents Introduction Importance of payment systems Broad objectives and components of payment system Three key elements : Message.e. lunches and refreshments for the duration of the program but does not include accommodation facility and transport costs. SWIFT/euroSIC/EDIFACT/proprietary messages Understanding SWIFT MT/MX message structure SWIFT MT Messages for payments i.e. RTGS.36%. Large opportunities exist for Payment Professionals in banks and IT/Software industry. Payment Hubs and Straight Through Processing (STP) Components of payment engine/payment hub How payment engines/payment hubs function Payment processing using payment engines / payment hubs Payment accounting and transaction reconciliation Liquidity and queue management Why should you attend: International and domestic payments are one of the most happening domain areas in banking and finance. mobile. Full course fees is payable in advance in favor of “MVL Consulting Private Ltd. com .Certified Payment Processing Specialist (CPPS)TM The course covers thorough understanding of SWIFT MT/MX (ISO20022) messages used for payments. treatment of rejects and returns. The CPPS program emphasizes on active participation from delegates and includes exercises and case studies. usage of payment engines to process payment transactions. payment exceptions and investigations. A certification test is conducted at the end of the program. and frauds in payments. ACH and Card Payments Module 4 : Payment messaging Module 5 : Payments exceptions and investigations Module 6 : Payment rejects and returns Module 7 : Payment engines & straight through processing Module 8 : Frauds in payments Module 9 : Payment analytics Module 10 : Current and future trends in payment Get Certified ! Stay Ahead of the Competition ! www. Course modules: Module 1 : Basics of payment systems Module 2 : Basics of Paper Payments Module 3 : Basics of RTGS. straight through payment processing.mvlco. you will have understanding of : A “Must Do” course for those wanting to work in Payment Card Industry All our training programs are also available inhouse. the use of Switch in card payments and all important aspects of card and mobile payment processes. The course covers how payment cards e.e. PCIDSS and EMV Card analytics Join our classroom program at : Bangalore.Certified Card Payment Systems Professional (CCPSP)TM CCPSP certification will help you in enhancing your skills in Card Payment Systems. The certification will provide you with an insight in end-to-end card payment operations. India . Mumbai or Pune. When you complete CCPSP. how the transactions are processed. To arrange an inhouse program please contact us on : +91-9764835350 or email info@mvlco. credit/debit cards are issued.com Different types of payment cards Payment cards issuance process Role of various players in payment card industry Use of Switch. Get certified! Stay ahead of the competition! MVLCO offers a four full days comprehensive CCPSP program extensively focused on Payment Card Systems. The CCPSP program emphasizes on active participation from delegates and includes exercises and case studies.g. HSM and key management process End-to-end card transaction processing ISO 8583 and ISO 20022 messages Frauds in card payment systems and card security International standards i. We conduct regular (weekdays) as well as week-end (Sat/Sun) batches Fees: Indian Participants INR 17. iCVV.000 + service tax International Participants US$ 975 + service tax Service tax is currently 12.com . Virtual Structure of cards : Magstripe.Certified Card Payment Systems Professional (CCPSP)TM Duration: 4 full days. CCPSP program will enable you to get thorough knowledge of how card payment systems operate. CVV2 Access devices : ATM. NFC. Magstripe. POS machines/M-POS. Internet and MOTO Card Issue Process Card Types EMV Standards Track Types Customer Data Acquisition Card Production and PAN/CAF Generation for Switch PAN/CAF Upload in Switch PIN Generation Electronic Fund Transfer Switch Introduction to Switch and its Functions Brief Introduction to Hardware Requirements Brief Introduction to Software Components HSM and its Functions / BCSS Host/Hardware Security Module Hardware Components Key Management Function Local Master Keys Zone Master Key Zone PIN Key Terminal Master Key Terminal PIN Key Terminal Authentication Key PIN Verification Key Card Verification Key Master/Session Key Scheme Transaction Key Scheme Issuer Working Key Acquirer Working Key Automated Key Distribution System Why should you attend: Card payments are very popular methods of making retail payments. Acquirer. Early-bird and group discounts are available (conditions apply) Certification Fees include all the tuition. Contactless. Functions of Issuer. ICC. Register today!! Contact: +91-9764835350 Introduction to Card Operations Introduction to ISO 8583 and ISO 20022 Messages for Cards.mvlco. NFC PIN. CVV.36%. Course contents Introduction History of Payment Cards Players in Payment Card Industry Card Schemes Types of Cards Products viz. May change to 14% in near future. Merchants and Inter-connect Revenue Streams Costs of Card Operations Continued on next page www. credit card. ICC. lunches and refreshments for the duration of the program but does not include accommodation facility and transport costs. debit card etc. Contactless. risks and opportunities in card payments and future of card payments. full course documentation. Physical . mvlco. Paud Road. Near Jog Hospital. USA EPC regulation on mobile cards in European Union and SEPA Cards MVL Consulting Private Limited #17. Collection and Recovery Presentments and Chargebacks Settlements VISA/Master Settlements Partner Settlements Card Frauds and Security Issues: Use of Applications for Fraud Detection and Prevention FICO Falcon Card Standards Payment Card Industry Data Security Standards (PCI DSS) EMV Standards Card Analytics Card Analytics : TRIAD/Strategyware Regulation Dodd-Frank.com . Laxman Villa Condominium. Pune 411038 India Telefax: +91-20-25466154. +91-20-25422874 Mobile: +91-9764835350 www.Certified Card Payment Systems Professional (CCPSP)TM Course contents (Con nued) Card Operations Permitted Transactions Card Present Transaction (CP) Card Not Present Transactions (CNP) Transaction flow for CP and CNP Transactions Authentication Accounting Authorisations Reconciliations Importance of Reconciliations Devices to Switch Reconciliation Switch to Host Reconciliation Devices to Host Reconciliation Interconnect Reconciliation Cash Reconciliations Customer Billing. This made it easier for everyone. I want to thank you for the wonderful training session on payment systems. HSBC. Pune 411038 India Telefax: +91-20-25466154. Given the amount of knowledge being imparted.Srikrishnan Jayaraman. the efficiency of the training was as enjoyable as much as it was informative. +91-20-25422874 Mobile: +91-9764835350 www. there was no confusion or bumps during the session. The trainer also had answers for any questions encountered. It is a very useful and well designed program .Certified International Payment Systems Professional (CIPSP) Participants speak: The CIPSP training was the best training I have attended so far. Near Jog Hospital. The program was very interesting and the trainer made it even more interesting. Paud Road. Laxman Villa Condominium. 2014 Very insightful and interactive program ! : Vivek Tiwari British Council. Infosys. It was well organized and delivered. Oracle Bangalore November. Consulting Practice Director Very useful program. Getting this much information from a single source is simply outstanding. structured presentations. The flow is also excellent : Vaibhav Vaze. I had very limited exposure to banking. : Maheshkumar.mvlco. The basic were made strong first and then the advanced topics were taken. But I carry back with myself a lot of learning! : Akhil . the trainer managed to engage us right through the 4 days and kept us completely glued to the course ! : Sanjay Kumar. .com . A participant from Bangalore August 2014 Batch The Program was so carefully designed. : Saurabh Sharma. MVL Consulting Private Limited #17. Oracle. clear sequencing of the sessions. With the very meticulous collection of data / processes and supporting material. Barclays. that every single second of time became very interesting. Oracle It was the best I have ever attended. : Participant from National Payments Corporation of India (NPCI) The program touched upon all the concepts with respect to payments. The way the trainer drove us through the program was just amazing. Congizant. +91-20-25422874 Mobile: +91-9764835350 www. Paud Road.mvlco. IBM. Tieto. 2014 More than 40 participants from Oracle. Oracle. August. Wipro. Mumbai CIPSP Bangalore. 2014 More than 20 participants from Barclays. and other reputed organisations attended the program. Pune 411038 India Telefax: +91-20-25466154. CIPSP Pune June.Certified International Payment Systems Professional (CIPSP) CIPSP @ Bangalore CIPSP @ NPCI. LankaClear. Near Jog Hospital. MVL Consulting Private Limited #17. Infosys. IBM. RS Software and other reputed organisations attended the program. Laxman Villa Condominium.com .