Format: Live instructor-led online training via Zoom / Microsoft Teams

REAL-TIME PAYMENTS SYSTEMS TRAINING COURSE

COURSE OVERVIEW

Real-Time Payments Systems Training Course is a comprehensive professional programme designed to equip banking executives, payment-system professionals, FinTech specialists, financial regulators, technology managers, digital transformation professionals, treasury specialists, compliance officers, risk managers, and payment product leaders with practical knowledge and skills required to design, implement, operate, govern, and optimize real-time payment systems (RTPS). The course examines the transformation from traditional batch-based payment processing toward instant, 24/7, interoperable, secure, and customer-centric payment infrastructure, with emphasis on real-time settlement, payment clearing, transaction processing, digital channels, and modern payment ecosystems.

The programme provides an in-depth understanding of real-time payments infrastructure, instant payments, payment clearing and settlement, payment-system architecture, ISO 20022 messaging, APIs, interoperability, digital wallets, mobile payments, QR payments, account-to-account payments, payment gateways, fraud management, cybersecurity, liquidity management, transaction monitoring, and payment-system governance. Participants will examine how central banks, commercial banks, payment service providers, FinTech companies, telecommunications operators, merchants, and technology providers can collaborate to develop efficient and resilient real-time payment ecosystems.

Participants will develop practical competencies in RTGS and instant-payment concepts, payment clearing models, real-time transaction processing, liquidity and settlement risk, payment fraud prevention, cybersecurity, operational resilience, API integration, ISO 20022, customer authentication, AML/KYC, regulatory compliance, interoperability, cross-border instant payments, financial inclusion, and payment-system performance management. The course emphasizes high availability, transaction integrity, customer protection, operational continuity, regulatory compliance, scalability, and secure payment innovation.

Through practical exercises, payment-system case studies, transaction-flow simulations, ecosystem mapping, risk assessments, operational scenarios, and group assignments, participants will develop a Real-Time Payments System Implementation and Optimization Roadmap. The programme enables organizations to improve transaction speed, reduce payment friction, strengthen payment security, expand digital financial access, improve interoperability, manage settlement and liquidity risks, and build resilient real-time payment infrastructure.

COURSE OBJECTIVES

By the end of the training, participants will be able to:

1. Explain the principles, architecture, and evolution of real-time payment systems.
2. Understand real-time payment clearing, settlement, and transaction-processing models.
3. Identify key participants and roles within real-time payment ecosystems.
4. Apply ISO 20022 messaging and modern payment-infrastructure concepts.
5. Design secure, interoperable, scalable, and resilient real-time payment solutions.
6. Assess liquidity, settlement, operational, technology, and transaction risks.
7. Strengthen fraud prevention, AML/KYC, cybersecurity, and transaction-monitoring controls.
8. Understand APIs, digital wallets, mobile payments, and account-to-account payment integration.
9. Develop strategies for financial inclusion and cross-border real-time payments.
10. Develop a practical Real-Time Payments System Implementation and Optimization Roadmap.

ORGANIZATION BENEFITS

1. Strengthens real-time payment-system capabilities.
2. Improves transaction speed and payment efficiency.
3. Enhances interoperability among banks, FinTechs, wallets, and payment providers.
4. Strengthens payment cybersecurity and fraud prevention.
5. Improves liquidity and settlement-risk management.
6. Enhances regulatory compliance and payment-system governance.
7. Supports digital financial inclusion and wider payment accessibility.
8. Improves customer experience and payment convenience.
9. Strengthens operational resilience and business continuity.
10. Supports innovation, scalability, competitiveness, and sustainable digital-payment growth.

TARGET PARTICIPANTS

This course is designed for Central Bank Officials, Payment-System Operators, Banking Executives, Treasury Managers, Payment Service Providers, FinTech Executives, Digital Banking Managers, Payment Product Managers, IT Managers, Chief Technology Officers, Chief Information Officers, Settlement Officers, Operations Managers, Risk Managers, Compliance Officers, AML/CFT Professionals, Cybersecurity Professionals, Financial Analysts, Business Analysts, Regulators, Mobile Money Professionals, Telecommunications Professionals, and senior professionals working in banks, FinTech companies, payment institutions, telecommunications companies, clearing houses, financial infrastructure providers, and other financial-service organizations.

COURSE OUTLINE

MODULE 1: REAL-TIME PAYMENTS FUNDAMENTALS & ECOSYSTEMS

1. Evolution of real-time and instant payment systems
2. Real-time payments versus traditional payment processing
3. Real-time payment ecosystem participants and responsibilities
4. Instant payments, account-to-account payments, and digital transfers
5. Payment-system operating models and governance
6. Global trends in real-time payments innovation
   General Case Study: A financial market is experiencing increasing demand for 24/7 instant payments. Participants assess the existing payment infrastructure and identify the institutional, technological, operational, and governance requirements for implementing an RTPS.

MODULE 2: PAYMENT INFRASTRUCTURE, CLEARING & SETTLEMENT

1. Real-time payment-system architecture
2. Payment clearing and settlement models
3. Centralized and decentralized payment infrastructures
4. Real-time gross settlement and instant-payment concepts
5. Liquidity, settlement, and counterparty-risk management
6. Payment-system availability, scalability, and resilience
   General Case Study: Several financial institutions experience settlement delays and liquidity pressures during periods of high transaction volumes. Participants develop an improved clearing, settlement, liquidity, and risk-management framework.

MODULE 3: ISO 20022, APIs & PAYMENT INTEROPERABILITY

1. ISO 20022 payment messaging fundamentals
2. Payment message standards and data structures
3. API-enabled real-time payment integration
4. Interoperability between banks, wallets, and FinTech platforms
5. Payment gateways and transaction-routing architecture
6. API security, performance, monitoring, and scalability
   General Case Study: A national payment ecosystem has multiple banks and digital wallets operating on different technical standards. Participants design an interoperability framework using modern messaging and API integration approaches.

MODULE 4: REAL-TIME PAYMENT SECURITY, FRAUD & COMPLIANCE

1. Real-time payment fraud risks and vulnerabilities
2. Cybersecurity and payment-system security architecture
3. Customer authentication and digital identity
4. Real-time transaction monitoring and fraud analytics
5. AML/CFT, KYC, and suspicious-transaction controls
6. Incident management and cybersecurity response
   General Case Study: A payment provider records a sudden increase in fraudulent instant transactions. Participants analyze transaction patterns and develop real-time fraud detection, customer authentication, AML, cybersecurity, and incident-response controls.

MODULE 5: DIGITAL PAYMENTS, INCLUSION & CROSS-BORDER RTPS

1. Mobile payments and digital-wallet integration
2. QR payments and merchant acceptance
3. Financial inclusion through instant payments
4. Cross-border real-time payment systems
5. Remittance and regional payment interoperability
6. Consumer protection, accessibility, and affordability
   General Case Study: A regional financial ecosystem seeks to reduce the cost and processing time of cross-border remittances. Participants develop a real-time cross-border payment model addressing interoperability, regulation, settlement, consumer protection, and risk.

MODULE 6: RTPS GOVERNANCE, PERFORMANCE & IMPLEMENTATION

1. Real-time payment governance and oversight
2. Payment-system risk and operational-resilience frameworks
3. Service-level agreements and participant management
4. Payment performance indicators and transaction analytics
5. Business continuity, disaster recovery, and system resilience
6. Developing a Real-Time Payments System Implementation and Optimization Roadmap
   General Case Study: A national payment operator plans to upgrade its instant-payment infrastructure to support millions of transactions daily. Participants develop an implementation roadmap covering architecture, governance, security, liquidity, scalability, resilience, and performance.

GENERAL INFORMATION

1. Customized Training: All our courses can be tailored to meet the specific needs of participants.
2. Language Proficiency: Participants should have a good command of the English language.
3. Comprehensive Learning: Our training includes well-structured presentations, practical exercises, web-based tutorials, and collaborative group work. Our facilitators are seasoned experts with over a decade of experience.
4. Certification: Upon successful completion of training, participants will receive a certificate from Foscore Development Center (FDC-K).
5. Training Locations: Training sessions are conducted at Foscore Development Center (FDC-K) centers. We also offer options for in-house and online training, customized to the client's schedule.
6. Flexible Duration: Course durations are adaptable, and content can be adjusted to fit the required number of days.
7. Onsite Training Inclusions: The course fee for onsite training covers facilitation, training materials, two coffee breaks, a buffet lunch, and a Certificate of Successful Completion. Participants are responsible for their travel expenses, airport transfers, visa applications, dinners, health/accident insurance, and personal expenses.
8. Additional Services: Accommodation, pickup services, flight booking, and visa processing arrangements are available upon request at discounted rates.
9. Equipment: Tablets and laptops can be provided to participants at an additional cost.
10. Post-Training Support: We offer one year of free consultation and coaching after the course.
11. Group Discounts: Register as a group of more than two and enjoy a discount ranging from 10% to 50%.
12. Payment Terms: Payment should be made before the commencement of the training or as mutually agreed upon, to the Foscore Development Center account. This ensures better preparation for your training.
13. Contact Us: For any inquiries, please reach out to us at training@fdc-k.org or call us at +254712260031.
14. Website: Visit our website at www.fdc-k.org for more information.