Payment Channels: Checks
About This Course
In this engaging Payments Professor class, you'll learn all about checks—one of the oldest yet still critical payment networks in the U.S. We’ll cover what checks are, how they work, the different types (personal, business, cashier’s, certified, and more), and dive into the full check clearing process. You’ll explore key players like the Federal Reserve and The Clearing House, and how legislation like Check 21 revolutionized processing through imaging and remote deposit. We’ll also examine the risks tied to checks—fraud, bounced payments, delays—and explore tools like Positive Pay and check security features that help prevent loss. Despite declining usage, checks remain vital in many business and bill payment scenarios. Whether you’re studying for the NCP exam or just need to “check” your understanding, this class delivers everything you need to know—paper to pixels.
Interested in learning all about channel payment types? Check out our Channel Payments certification and save 55%!
*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.
See Team Memberships