Payments systems designs, functions and uses; payment system volumes and the dramatic shifts in actual and projected payments usage; key trends and issues in payments systems in the United States; how payments systems compare by economic model, regulatory environment, processing support and risk management; how cross border payments and other country payments systems compare to domestic U.S. payments and systems.

Core Systems
How the basic payments systems in the U.S. market work. Cards, checking, ACH, cash and wire transfer are covered “soup to nuts”. You’ll learn how the “wiring” actually works, who the players are, what drives the fundamental economics of the systems, who the regulators are and how the rules are set and changed.

Perspectives
How each of the key constituents of the industry view payments; economic and other motivations; how behavior is changing and why. Constituents include consumers, banks, merchants, billers, enterprises, networks and processors.

Emerging Payments – how to understand the many emerging players, products, technologies in payments. This section covers:

• Mobile Payments – a comprehensive review of activity in the U.S. market, across multiple domains and technologies, using Glenbrook’s “Mobile Payments Market Map”
• Chip and Contactless Cards – what’s happening in the U.S. and how to understand it in context of the global payments industry
• Online Payments – eCommerce market structure and segments, the leading alternative payments providers and an emerging set of new players with surprisingly different offerings
• Bill Payments – multiple consumer options, all growing at the expense of check
• POS Payments – new card products and new ACH products – is the tipping point anywhere near?
• B2B Payments – new ACH and card products; why checks are still important; handling cross border payments
• P2P and Social Payments – prepaid and mobile offerings for domestic and international remittances

Who Should Attend

• Bank product managers, risk managers, or sales managers who need a broader perspective or are new to the business
• Product and sales managers from payments processors and service providers who need to understand how developments in other payments systems impact their offerings, or who have responsibility for developing and selling products and services into the financial services industry
• Technology and service executives who are building products that leverage payment systems
• Investors, inventors and analysts who want to improve their knowledge base on existing and emerging payments systems
• Management teams from payments start-up companies who want to gain insight into what has been successful – and what hasn’t – as our industry has evolved

More information: Glenbrook Payments Essentials Bootcamp, New York – 2011

Glenbrook’s Payments Boot Camp is an intensive, two-day “deep dive” into the U.S. payments systems, providing a unique cross-payments system view of the industry. Throughout the two days, these sessions will focus on  understanding how current trends and issues will affect the status quo and on how new and emerging players may complement–or threaten–the industry incumbents.

The February 2011 session will be held in Santa Clara, California. The instructors for the session are Scott Loftesness and Carol Coye Benson. The event provides  plenty of time for interaction with the instructors, and with the other people at the camp. There is a complementary networking reception on the first evening.

Each section is designed to encourage interactive participation by the audience.

Overview – payments systems designs, functions and uses; payment system volumes and the dramatic shifts in actual and projected payments usage; key trends and issues in payments systems in the United States; how payments systems compare by economic model, regulatory environment, processing support and risk management; how cross border payments and other country payments systems compare to domestic U.S. payments and systems Students listen during the “What is Interchange?” discussion.

Core Systems – how the basic payments systems in the U.S. market work. Cards, checking, ACH, cash and wire transfer are covered “soup to nuts”. You’ll learn how the “wiring” actually works, who the players are, what drives the fundamental economics of the systems, who the regulators are and how the rules are set and changed.

Perspectives – how each of the key constituents of the industry view payments; economic and other motivations; how behavior is changing and why. Constituents include consumers, banks, merchants, billers, enterprises, networks and processors.

Emerging Payments – how to understand the many emerging players, products, technologies in payments. This section covers:

• Mobile Payments – a comprehensive review of activity in the U.S. market, across multiple domains and technologies, using Glenbrook’s “Mobile Payments Market Map”
• Chip and Contactless Cards – what’s happening in the U.S. and how to understand it in context of the global payments industry
• Online Payments – eCommerce market structure and segments, the leading alternative payments providers and an emerging set of new players with surprisingly different offerings
• Bill Payments – multiple consumer options, all growing at the expense of check
• POS Payments – new card products and new ACH products – is the tipping point anywhere near?
• B2B Payments – new ACH and card products; why checks are still important; handling cross border payments
• P2P and Social Payments – prepaid and mobile offerings for domestic and international remittances

More information: Glenbrook Payments Boot Camp