Course Overview:
This 5-day training course offered at IRES is tailored for professionals involved in the management, regulation, and oversight of payment systems within the East African Community (EAC) partner states. The course explores the development of payment systems, regulatory frameworks, cross-border transactions, and the challenges facing the EAC's financial landscape. Through case studies and practical exercises, participants will gain insights into the latest trends, innovations, and regulatory practices for effective payment system management across borders in the EAC region.
Course Duration:
5 Days
Target Audience:
- Central bank officials
- Financial regulators
- Banking and finance professionals
- Payment system operators
- Financial sector policymakers and advisors
Personal Impact:
- Gain a comprehensive understanding of payment system dynamics in the EAC.
- Develop skills to manage and oversee payment systems in a cross-border context.
- Enhance ability to address regulatory and operational challenges within payment frameworks.
Organizational Impact:
- Improve organizational capacity to handle payment system complexities and cross-border transactions.
- Strengthen regulatory compliance within EAC partner states.
- Enhance strategic alignment of payment systems with regional economic goals.
Course Level:
Course Objectives:
By the end of this course, participants will be able to:
- Understand the structure and development of payment systems in EAC partner states.
- Identify and address key challenges in cross-border and digital payments.
- Evaluate regulatory and technological frameworks in payment systems.
- Apply best practices for risk management in payment systems.
- Contribute to policy development for payment systems modernization within the EAC.
Course Outline:
Module 1: Overview of Payment Systems in the EAC
- Introduction to payment systems and their significance in financial stability
- Evolution of payment systems in EAC partner states
- Role of central banks and regulatory frameworks
- Practical Exercise: Mapping out payment system structures in the EAC
Module 2: Cross-Border Payments and Regional Integration
- Challenges and opportunities in cross-border payment systems
- Harmonization of payment systems within the EAC
- Case Study: Cross-border payment system integration in the EAC
Module 3: Digital Payment Innovations and Emerging Trends
- Overview of mobile payments and digital financial services
- Impact of fintech and digital currency on payment systems
- Regulatory considerations for digital payment innovations
- Practical Exercise: Analyzing digital payment trends and their impacts
Module 4: Risk Management and Security in Payment Systems
- Identifying operational and financial risks in payment systems
- Cybersecurity measures and anti-fraud practices
- Legal and compliance aspects in payment systems management
- Case Study: Risk management practices in EAC payment systems
Module 5: Policy Development and Future Directions
- Current policy challenges in payment systems within the EAC
- Developing resilient payment systems for future economic integration
- Practical Exercise: Drafting policy recommendations for payment systems in the EAC
Related Courses
Course Administration Details:
Methodology
These instructor-led training sessions are delivered using a blended learning approach and include presentations, guided practical exercises, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience as professionals and trainers in these fields. All facilitation and course materials are offered in English. Participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation and Airport Transfer
Accommodation and Airport Transfer are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
Payment
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
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