1. Category
  2. Duration
  3. Global coverage
  4. Navigation
Green vertical standing travel suitcase with extended handle

Our bags are packed

Our courses are intended for a global audience, with each one being completely customisable to suit the needs of the individuals it is being delivered to.

They can be delivered in London or in your home town. You decide.

Get in touch

Introduction to Payments Systems

  • Banking and Financial Markets, Financial Crime, Foreign Exchange, Regulation, Retail Banking
  • Duration: One day
  • Information

    The UK Payments  Systems have recently undergone a quantum leap in technology after 40 years.. This one day course gives a comprehensive overview of the rapid advances and changes in UK Payments and Payments Technology.


    What will I get out of this course?
    After this course, participants will be able to:
      Describe the operation and structure of payments in the UK
      Compare bank and non-bank systems
      Discuss the regulatory framework and the likely impact of the new Payment Systems Regulator
      Describe the impact of mobile payments, digital wallets and other emerging technologies and business models


    Session One

    Structure and operation of the UK banking industry
      Industry overview and banking model
      Principles of payment flows and deposit liabilities

    Session Two
    Statutory, regulatory framework and agencies
      Statutory framework and roles of different regulators
      Payment Services Regulations
      Systemically important payment systems
      Background to creation of the new Payment Systems Regulator

    Session Three
    Introduction to payment systems
      Different type of money in the banking system
      Role of the Bank of England as settlement agent
      Real time gross settlement and deferred net settlement compared
      The Payments Council
      Bank payment systems: RTGS, C&CC, BACS, FPS and LINK

    Session Four
    New and competing technologies; future development
      Contactless and NFC payment systems
      Mobile payments, digital wallets, money remitters and other non-bank participants
      Opening up the market: the Payment Systems Regulator

    Register interest

    As every course we run is tailored to meet the specific needs of each client, we can only provide an estimate after fully understanding your specific requirements. Please complete the form below of call +44 (0) 208 894 4977 to discuss how Taylor Associates can help you.

    * indicates a required field

    Personal details
    Company details
    Your enquiry