Electronic Payments 101: Introduction to Electronic Payments

Are you new to the banking industry and wondering how all the pieces of the payments puzzle fit together? This webinar is your crash course on the core payment systems that power money movement in the U.S.

In this lively and interactive webinar, the Payments Professor will break down the essential payment rails every banker needs to understand — ACH, Remote Deposit Capture (RDC), Cards, Wires, RTP®, and FedNow® — and explain how each one moves money, who uses them, and why they matter.

Topics covered in this session

• ACH Basics: How batch-based payments work, key use cases (payroll, bill pay), and settlement timing
• Remote Deposit Capture: How check images move through the system and risk considerations for financial institutions
• Card Payments: The difference between credit, debit, and prepaid cards and the role of card networks
• Wire Transfers: Why wires are typically used for large-dollar, high-priority payments
• Instant/Real-Time Payments (RTP® & FedNow®): How instant payments are changing the game with 24x7x365 clearing and settlement
• Risk & Compliance Basics: What new bankers should watch for when supporting each payment channel

*This program does NOT qualify, nor meet the National Standard for NASBA accreditation.