Payment Channels: Cash
About This Course
In this class with the Payments Professor, you’ll dive into the foundational role of cash as a U.S. payment network. From its physical characteristics and legal status to its vital function in financial inclusion, you’ll explore how cash supports the unbanked, enables small transactions, and remains essential in emergencies—even as digital payments rise. Learn about the costs, risks, and security measures businesses and financial institutions face when managing cash, as well as the evolving technologies—like smart safes and cash recyclers—shaping its future. You’ll also examine how regulatory requirements like BSA/AML apply to cash, and why, despite declining usage, cash isn’t disappearing anytime soon.
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*This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Your Instructor
Kevin Olsen is a certified AAP (Accredited ACH Professional), APRP (Accredited Payments Risk Professional), NCP (National Check Professional), as well as a certified NCP Instructor with additional computer network, database, and security settings. Over the past couple decades, Kevin has been involved with product creation, design, implementation, education, and consulting for multiple platforms within remote deposit capture, ACH, and faster payments. Kevin has worked with financial institutions of all sizes in multiple countries to create products services, departments, systems, teams, and results that help financial institutions become more productive, compliant, and secure.
This course is covered under team memberships.
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