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CIPSPTM Let our highly acclaimed

CPPSTM Payment Domain Certifications


CCPSPTM elevate your career!
Payments are an inherent part of our daily life. Strong and robust
payment systems are a key to financial stability and economic growth.
With continuous evolution and rapid progress, payment industry offers
great opportunities. Entry of non-bank players and technology
innovations are adding more zing to payments.

It is very important for banks, technology companies, players in


payment industry as well as professionals working with them to have a
thorough knowledge of end-to-end processes, business / career
opportunities, regulation and developments in payments.

Participants from many IT companies, clearing houses, and


banks from Asia, Africa and Middle-east have already been
certified.

Get certified!
Stay ahead of the competition!

Certified International Payment Systems Professional


Certified Payment Processing Specialist
Certified Card Payment Systems Professional

Contactusforspecialoers
oncoursecombina ons. www.mvlco.com
Certified International Payment
Systems Professional (CIPSP)TM
CIPSP certification will help you in enhancing
your skills in International Payment Systems.

Get certified! Stay ahead of


the competition!

MVLCO offers a four full days comprehensive


CIPSP certification program extensively focused on
International Payment Systems. The course covers
important payments systems in countries i.e. USA,
Europe (SEPA), Canada, Hong Kong, China and
India with detailed understanding of each of the
payment systems including RTGS, Hybrid Systems
and Card/Mobile Payment Systems.

The CIPSP program emphasizes on active participa-


tion from delegates and includes exercises and case
studies.

When you complete CIPSP, you will have complete


BFSI Academy is the
training division of MVL understanding of :
Consulting Private
Limited. What are payment and settlement systems ?
Visit MVLCO at What are the risks in payment systems ?
www.mvlco.com
How paper based payment systems operate ?
All our training programs How electronic payment systems operate ?
are also available in-
How mobile and card payments are made ?
house. To arrange an in-
house program please How international payments are made ?
contact us on :
SWIFT and other messaging systems for payments
+91-9764835350
or email
info@mvlco.com Join the program at :
Bangalore, India or Pune, India
Certified International Payment Systems Professional (CIPSP)

Duration:
4 full days. Coursecontents
Introduction
Broad objectives of Payment system and components of payment system
This course is conducted
Three key elements : Message, Clearing/Netting and Settlement
regularly at Bangalore, Paper to electronic payments check truncation/conversion, Check 21,
Mumbai and Pune. We Remote deposit capture
also conduct CIPSP in- Payment processing
Paper to paper
house at client locations.
Paper to electronic
Electronic to electronic
Fees: Electronic to paper Cheque Processing service
Indian Participants Card and mobile payments
INR 17,000 + taxes Mobile payments

International Participants Why does a bank make payments


US$ 975 + taxes Own account transactions including position maintenance and cover
operations
The current taxes are 14.50% Customer transactions

Certification Fees include all the Risks in Payment Systems :


tuition, full course documentation, Herstatt risk, Credit Risk,
lunches and refreshments for the Liquidity Risk,
duration of the program but does not
include accommodation facility and Systemic Risk
transport costs. Operational Risk.

Full course fees is payable Risk mitigation techniques


Carefully chosen members
in advance in favor of Novation, Central counterparty system
MVL Consulting Loss sharing arrangements,
Collateral
Private Ltd. Other mitigation techniques

Relationship structures
Correspondent banking
Bilateral clearing arrangements
Network managed banking

Payment types
Book payments
Local payments
Why should you attend: Domestic payments
International and domestic Cross border payments,
payments are one of the
Payments systems
most happening domain
Real Time Gross Settlement (RTGS),
areas in banking and Real Time Net Settlement (Canadian LVTS)
finance. Large opportuni- Net Settlement,
ties exist for Payment Pro- Hybrid settlement,
fessionals in banks and Continuous Linked Settlement (CLS)
IT/Software industry.
After this certification you
would have a cutting edge
over others ! www.mvlco.com
Certified International Payment Systems Professional (CIPSP)

Coursecontents(Con nued)
Regional payments systems
USA payment systems : Fedwire, CHIPS, NSS, ACH
SEPA payment systems : TARGET2, STEP 2 (SCT/SDD)
China payment system : China Domestic Foreign Currency Payment System
Hong Kong payment system : CHATS
Canadian payment system : LVTS
Indian payment systems : RTGS, NEFT

SWIFT messaging : MT and MX messages


Role of SWIFT in payment systems
SWIFTnet Fin, Fileact, Interact, Browse
SWIFT payment message processing MT 1XX, MT 2XX, MT 9XX, MX PAIN/
PACS
SWIFT Payment Messages examples
SWIFT for corporates

Straight through processing


Codes IBAN, BBAN, BIC, BEI, UID, UPIC, ABA routing codes etc.
Single and bulk payment instruction processing
Processing by payment engines

Card and mobile payments


Card products types viz. credit, debit, charge etc.
Players in card system Issuer, Acquirer, Interconnect, Processors, Partner net-
works
Services provided by interconnect (including STIP)
Functions of EFT, HSM and other devices
Card present/card not present transactions
Introduction to ISO 8583 message formats
Authentication, Authorisation and Accounting
Switch operations and card transaction process
Interconnect transactions and settlement process
Presentment, re-presentment and chargebacks

Foreign exchange transactions


Cash, TOM, Spot, Forwards
Interbank transactions
Merchant transactions
Exchange rate determination and rate computation

Cash management products


Concept of float
Cash concentration, notional pooling and sweep
Virtual account management (VAM)
Controlled disbursements, positivepay, reverse positivepay
ACH filter/ACH block
Lockboxes

Impact of regulation
Basel Committee on Systemically Important Payment and Settlement Systems
FATF/OFAC compliance
Wolfsberg Group compliances
FATCA compliance
AML compliance

www.mvlco.com
Certified International Payment Systems Professional (CIPSP)

Course modules

Module 1 : Basics of payment systems


Module 2 : Risks in payment systems
Module 3 : Introduction to RTGS /Hybrid payment systems
Module 4 : Introduction to SWIFT MT and MX messages
Module 5 : Fedwire RTGS in USA
Module 6 : CHIPS in USA
Module 7 : ACH and NSS operations in USA
Module 8 : Introduction to SEPA and TARGET2
Module 9 : SEPA SCT and SEPA SDD
Module 10 : China FCDPS and HKMA CHATS
Module 11 : Large Value Transfer System, Canada
Module 12 : Continuous Linked Settlement System
Module 13 : Card payment systems
Module 14 : Mobile payments
Module 15 : Cash management products
Module 16 : Antimoney laundering and other regulation

Get Certified ! Stay Ahead of the Competition !

www.mvlco.com
Certified International Payment Systems Professional (CIPSP)

Participants speak:

The Program was so carefully designed, that every single second of


time became very interesting, The way the trainer drove us
The CIPSP training through the program was just amazing, there was no confusion or
was the best training I bumps during the session.
have attended so far. : Maheshkumar, Oracle.
It was well organized
and delivered.

A participant from The program was very interesting and the trainer made it even more
Bangalore August interesting. The basic were made strong first and then the advanced
2014 Batch
topics were taken. This made it easier for everyone. The trainer also
had answers for any questions encountered.

: Participant from National Payments Corporation of India (NPCI)

The program touched upon all the concepts with respect to


payments. Getting this much information from a single source
is simply outstanding.
: Saurabh Sharma, HSBC.

Given the amount of knowledge being imparted, the trainer


managed to engage us right through the 4 days and kept us
I want to thank you for the completely glued to the course !
wonderful training session on : Sanjay Kumar, Oracle
payment systems.

It was the best I have ever


attended.
Very useful program. I had very limited exposure to banking.
With the very meticulous col- But I carry back with myself a lot of learning!
lection of data / processes and
supporting material, structured
: Akhil , Infosys.
presentations, clear sequencing
of the sessions, the efficiency
of the training was as enjoyable
as much as it was informative.
It is a very useful and well designed program . The flow is also
- Srikrishnan Jayaraman, excellent
Consulting Practice Director : Vaibhav Vaze, Barclays.
Oracle Bangalore
November, 2014

Very insightful and interactive program !

: Vivek Tiwari British Council.

MVL Consulting Private Limited


#17, Laxman Villa Condominium, Near Jog Hospital, Paud Road, Pune 411038 India
Telefax: +91-20-25466154, +91-20-25422874 Mobile: +91-9764835350

www.mvlco.com
Certified International Payment Systems Professional (CIPSP)

CIPSP @ Bangalore

CIPSP @ NPCI, Mumbai

CIPSP Bangalore, August, 2014


More than 40 participants from Oracle, IBM, Wipro,
Infosys, Congizant, LankaClear, RS Software and other
reputed organisations attended the program.

CIPSP Pune June, 2014


More than 20 participants from Barclays, Tieto, Oracle, IBM, and
other reputed organisations attended the program.

MVL Consulting Private Limited


#17, Laxman Villa Condominium, Near Jog Hospital, Paud Road, Pune 411038 India
Telefax: +91-20-25466154, +91-20-25422874 Mobile: +91-9764835350

www.mvlco.com
Comparative: CIPSPTM and CPPSTM

Comparing
CIPSP with CPPS CIPSPTM CPPSTM
Payment transaction
International payment and processing mainly within
Domain focus International
clearing payment
systems and
operations
clearing systems operations banking system

Thorough understanding of Thorough understanding of


Certification key international payment of end-to-end payment
Certification
objectiveskey Thorough understanding
objectives systems
international payment transaction processing.
systems
International payment Payment messages i.e.
systems e.g. US Systems SWIFT MT/MX messages
(Fedwire, CHIPS, ACH, used in payments, straight
NSS), SEPA Systems through processing using
Certification
(TARGET2, STEP2 SCT/ payment engine and
coverage SDD), Canadian LVTS, payment hubs, handling of
Hong Kong CHATS, exceptions/errors/rejects/
China CDFCPS and returns, frauds in payments
CLS Bank. and payment analytics.

Coverage of key
elements of payment Yes Yes
systems

Risks in payment
systems and risk Yes No
mitigation techniques

Detailed understanding
of paper based clearing
Yes No
systems, conversion
and truncation

Detailed understanding
of RTGS, RTFS, ACH Yes No
and Hybrid Payments

International payment
systems e.g. USA,
Yes No
Canada, SEPA, Hong
Kong, China and India

Detailed understanding
of SWIFT MT/MX No Yes
payment messages

Payment engine/hub
operations, internal
No Yes
payment processing in
banks and STP

Card and mobile


Yes No
payments overview

Cash management
products, cash
Yes No
concentration, notional
pooling, sweep, VAM
Frauds in payments
payment analytics,
No Yes
current and future trends
Certified Payment Processing
Specialist (CPPS) TM

CPPS certification will help you in enhancing


your skills in payment processing.

Get certified! Stay ahead of


the competition!
Payments are an inherent part of our daily life. With
Continuous evolution and rapid progress, payment
industry offers great opportunities. Entry of non-
bank players and technology innovations are adding
more zing to payments. It very important for banks,
technology companies, players in payment industry
as well as professionals working with them to have
a thorough knowledge of end-to-end processes,
opportunities and developments in payments.

MVLCO offers a four full days comprehensive


CPPS certification program extensively focused on
processing wholesale and retail payments.
BFSI Academy is the
training division of MVL When you complete CPPS, you will have complete
Consulting Private understanding of :
Limited.

Visit MVLCO at How wholesale and retail payments are processed


www.mvlco.com
Structure of SWIFT MT/MX payment messages
All our training programs How payment engines and payment hubs function
are also available in-
Exceptions, investigations, rejects and returns handling
house. To arrange an in-
house program please Frauds in payments
contact us on :
Payment analytics
+91-9764835350 Current and future trends in payments
or email
info@mvlco.com Join our classroom program at :
Bangalore, Mumbai or Pune, India
Certified Payment Processing Specialist (CPPS)TM

Duration:
4 full days. Coursecontents
We conduct regular (week- Introduction
Importance of payment systems
days) as well as week-end
Broad objectives and components of payment system
(Sat/Sun) batches Three key elements : Message, Clearing/Netting and Settlement
Electronic Payment Systems viz. RTGS, Hybrids and Card Payments
Fees: Payment transactions : Bank to Bank, Bank-to-Customer
Indian Participants
Payment Messaging :
INR 17,000 + taxes
Messaging methods i.e. internet, mobile, SWIFT etc.
SWIFT/euroSIC/EDIFACT/proprietary messages
International Participants
Understanding SWIFT MT/MX message structure
US$ 950 + taxes
SWIFT MT Messages for payments i.e. 1XX, 2XX, 3XX and 9XX
SWIFT MX messages for payments i.e. PAIN, PACS and CAMT
Tax rate is currently 14.50 % .
Message conversion and message processing, message repair
Early-bird and group discounts
are available (conditions apply) Payment Exceptions and Investigations
Certification Fees include all the Exceptions : request to cancel/request to modify
tuition, full course documentation, Exceptions : Unable to apply
lunches and refreshments for the Exceptions : Claim non-receipt
duration of the program but does not
include accommodation facility and Investigation : Resolution
transport costs. Investigation : Notification of case assignment
Investigation : Duplicate/Request for duplicate
Full course fees is payable Investigation : Rejection
Investigation : Case status report request/report
in advance in favor of Investigation : Debit authorization request/response
MVL Consulting Use of software/applications to automate exceptions/investigations
Private Ltd.
Payment Rejects and Returns
Understanding rejects and returns
Understanding SWIFT reject/return guidelines
Using SWIFT MT/MX messages for reject and return

Payment Engines. Payment Hubs and Straight Through Processing (STP)


Components of payment engine/payment hub
How payment engines/payment hubs function
Payment processing using payment engines / payment hubs
Payment accounting and transaction reconciliation
Liquidity and queue management

Why should you attend: Payment Accounting and Funds Management


International and domestic Payment accounting : Settlement Accounts, Nostro/Nostro Mirrors
payments are one of the Payment transactions reconciliation
most happening domain
Frauds in Payments
areas in banking and Types of frauds and fraud prevention
finance. Large opportuni-
ties exist for Payment Pro- Payment Analytics
fessionals in banks and Payment KPI/KRI and data analytics
IT/Software industry.
Current and future trends in payments
After this certification you
would have a cutting edge
over others ! www.mvlco.com
Certified Payment Processing Specialist (CPPS)TM

The course covers thorough understanding of SWIFT MT/MX (ISO20022)


messages used for payments, usage of payment engines to process payment
transactions, straight through payment processing, treatment of rejects and
returns, payment exceptions and investigations, and frauds in payments.

The CPPS program emphasizes on active participation from delegates and


includes exercises and case studies. A certification test is conducted at the end
of the program.

Course modules:

Module 1 : Basics of payment systems


Module 2 : Basics of Paper Payments
Module 3 : Basics of RTGS, ACH and Card Payments
Module 4 : Payment messaging
Module 5 : Payments exceptions and investigations
Module 6 : Payment rejects and returns
Module 7 : Payment engines & straight through processing
Module 8 : Overview of frauds in payments
Module 9 : Overview of payment analytics
Module 10 : Current and future trends in payment

Get Certified ! Stay Ahead of the Competition !

www.mvlco.com
Certified Card Payment Systems
Professional (CCPSP)TM
CCPSP certification will help you in enhancing
your skills in Card Payment Systems. The
certification will provide you with an insight in
end-to-end card payment operations.

Get certified! Stay ahead of the competition!

MVLCO offers a four full days comprehensive


CCPSP program extensively focused on Payment
Card Systems. The course covers how payment
cards e.g. credit/debit cards are issued, how the
transactions are processed, the use of Switch in card
payments and all important aspects of card and
mobile payment processes.

The CCPSP program emphasizes on active partici-


pation from delegates and includes exercises and
case studies.

When you complete CCPSP, you will have understanding


of :
Different types of payment cards
Payment cards issuance process
A Must Do course for
those wanting Role of various players in payment card industry
to work in
Payment Card Industry Use of Switch, HSM and key management process
End-to-end card transaction processing
All our training programs
are also available in- ISO 8583 and ISO 20022 messages
house. To arrange an in-
house program please Frauds in card payment systems and card security
contact us on : International standards i.e. PCIDSS and EMV
+91-9764835350 Card analytics
or email
info@mvlco.com Join our classroom program at :
Bangalore, Mumbai or Pune, India
Certified Card Payment Systems Professional (CCPSP)TM

Duration:
4 full days. Coursecontents
We conduct regular (week- Introduction
History of Payment Cards
days) as well as week-end
Players in Payment Card Industry
(Sat/Sun) batches Card Schemes
Types of Cards
Fees: Products viz. credit card, debit card etc.
Physical ; Magstripe, ICC, Contactless, NFC, Virtual
Indian Participants
Structure of cards : Magstripe, ICC, Contactless, NFC
INR 17,000 + taxes
PIN, CVV, iCVV, CVV2
Access devices : ATM, POS machines/M-POS, Internet and MOTO
International Participants
US$ 975 + taxes
Card Issue Process
Card Types
Tax rate is currently 14.50%
EMV Standards
Track Types
Customer Data Acquisition
Card Production and PAN/CAF Generation for Switch
PAN/CAF Upload in Switch
Early-bird and group discounts
are available (conditions apply) PIN Generation

Certification Fees include all the Electronic Fund Transfer Switch


tuition, full course documentation,
lunches and refreshments for the
Introduction to Switch and its Functions
duration of the program but does not Brief Introduction to Hardware Requirements
include accommodation facility and Brief Introduction to Software Components
transport costs.

HSM and its Functions / BCSS


Host/Hardware Security Module
Hardware Components
Key Management Function
Local Master Keys
Zone Master Key
Zone PIN Key
Terminal Master Key
Terminal PIN Key
Terminal Authentication Key
PIN Verification Key
Card Verification Key
Master/Session Key Scheme
Transaction Key Scheme
Issuer Working Key
Acquirer Working Key
Automated Key Distribution System
Why should you attend:
Card payments are very popular Introduction to Card Operations
methods of making retail Introduction to ISO 8583 and ISO 20022 Messages for Cards.
payments. CCPSP program will Functions of Issuer, Acquirer, Merchants and Inter-connect
enable you to get thorough Revenue Streams
knowledge of how card payment Costs of Card Operations
systems operate, risks and
opportunities in card payments Continued on next page
and future of card payments.
Register today!!
Contact: +91-9764835350
www.mvlco.com
Certified Card Payment Systems Professional (CCPSP)TM

Coursecontents(Con nued)
Card Operations
Permitted Transactions
Card Present Transaction (CP)
Card Not Present Transactions (CNP)
Transaction flow for CP and CNP Transactions
Authentication
Accounting
Authorisations
Reconciliations
Importance of Reconciliations
Devices to Switch Reconciliation
Switch to Host Reconciliation
Devices to Host Reconciliation
Interconnect Reconciliation
Cash Reconciliations
Customer Billing, Collection and Recovery
Presentments and Chargebacks
Settlements
VISA/Master Settlements
Partner Settlements

Card Frauds and Security Issues:


Use of Applications for Fraud Detection and Prevention
FICO Falcon

Card Standards
Payment Card Industry Data Security Standards (PCI DSS)
EMV Standards

Card Analytics
Card Analytics : TRIAD/Strategyware

Regulation
Dodd-Frank, USA
EPC regulation on mobile cards in European Union and SEPA Cards

MVL Consulting Private Limited


#17, Laxman Villa Condominium, Near Jog Hospital, Paud Road, Pune 411038 India
Telefax: +91-20-25466154, +91-20-25422874 Mobile: +91-9764835350

www.mvlco.com