Course Detail(DGT015 : Electronic Payments in a Changing World of Innovation)

DGT015 : Electronic Payments in a Changing World of Innovation NEW

7.00 CPE Hours (Others)
Classroom


Programme Objective
E-payments make transactions simple, swift, and safe for both consumers and businesses. With e-payments, the digitisation of business processes will be boosted, which in turn can enhance productivity, reduce costs, and create new business models for companies in the digital economy.
In his 2017 National Day Rally speech, Prime Minister Lee Hsien Loong quipped that Singapore trails behind other cities when it comes to electronic payments and called for systems to be simplified and integrated.

In a fast and changing world of innovation, this course will introduce the current technologies related to electronic payments for participants to be aware of the developments of payment processing and how they function.
 

Programme Outline

1. Key Themes and Trends in Payments
2. The Ecosystem of payment processing
 
3. The Anatomy of a transaction

  1. Standard Credit Card Transaction
  2. Closed -Loop Cards
  3. Store And loyalty Cards
  4. Prepaid cards
3. Payments – The Hardware and The Software
  1. Legacy system
  2. Mobile Point-Of-Sales
 
4. How Mobile Devices are Transforming Payments
  1. In store mobile payments
  2. Mobile commerce
  3. Mobile Peer -to-Peer payments
  4. Remittances
  5. Carrier Billing
 
5. Alternative Technologies
  1. Blockchain Technology
  2. Connected Technology
  3. Wearables
 
6. Others Related Matters – A Task Force has been set-up to create common QR codes
 
Training Methodology
Lecture style, with examples for illustration
 
Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

Foundation programme intended for all accountants in business and their advisors who seek to be updated on the recent payment methods and trends, to keep abreast with the current developments in payment innovation.

Competency Mapping

Others = 7.00 Hours

Schedule & Fees

Date & Time

10 Aug 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Wong Chan Seng

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Wong Chan Seng
FCCA(UK), CA(Spore), CPA(Aust), CA(M’sia), MBA


Wong founded a Fintech on Cross-Border FX payment solutions company where it received a grant received from the National Research Foundation, supported by the Singapore Management University and Cyberport Hong Kong (Hong Kong Govt innovation agency)

Wong has over 20 years of commercial experience as Director and Regional & Group Financial Controller with multi-national corporations overseeing the financial operations and investments of Singapore and Asia. Prior to this, he was an auditor with the Big 4 accounting firms.

Wong holds a MBA from the prestigious Imperial College of London and is a Fellow of The Association of Chartered Certified Accountants, member of the Institute of Singapore Chartered Accountants, Chartered Accountants of the Malaysia Institute of Accountants and member of the Certified Public Accountants of Australia.


Programme Objective
E-payments make transactions simple, swift, and safe for both consumers and businesses. With e-payments, the digitisation of business processes will be boosted, which in turn can enhance productivity, reduce costs, and create new business models for companies in the digital economy.
In his 2017 National Day Rally speech, Prime Minister Lee Hsien Loong quipped that Singapore trails behind other cities when it comes to electronic payments and called for systems to be simplified and integrated.

In a fast and changing world of innovation, this course will introduce the current technologies related to electronic payments for participants to be aware of the developments of payment processing and how they function.
 

Programme Outline

1. Key Themes and Trends in Payments
2. The Ecosystem of payment processing
 
3. The Anatomy of a transaction

  1. Standard Credit Card Transaction
  2. Closed -Loop Cards
  3. Store And loyalty Cards
  4. Prepaid cards
3. Payments – The Hardware and The Software
  1. Legacy system
  2. Mobile Point-Of-Sales
 
4. How Mobile Devices are Transforming Payments
  1. In store mobile payments
  2. Mobile commerce
  3. Mobile Peer -to-Peer payments
  4. Remittances
  5. Carrier Billing
 
5. Alternative Technologies
  1. Blockchain Technology
  2. Connected Technology
  3. Wearables
 
6. Others Related Matters – A Task Force has been set-up to create common QR codes
 
Training Methodology
Lecture style, with examples for illustration
 
Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

Foundation programme intended for all accountants in business and their advisors who seek to be updated on the recent payment methods and trends, to keep abreast with the current developments in payment innovation.

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)

Wong Chan Seng
FCCA(UK), CA(Spore), CPA(Aust), CA(M’sia), MBA


Wong founded a Fintech on Cross-Border FX payment solutions company where it received a grant received from the National Research Foundation, supported by the Singapore Management University and Cyberport Hong Kong (Hong Kong Govt innovation agency)

Wong has over 20 years of commercial experience as Director and Regional & Group Financial Controller with multi-national corporations overseeing the financial operations and investments of Singapore and Asia. Prior to this, he was an auditor with the Big 4 accounting firms.

Wong holds a MBA from the prestigious Imperial College of London and is a Fellow of The Association of Chartered Certified Accountants, member of the Institute of Singapore Chartered Accountants, Chartered Accountants of the Malaysia Institute of Accountants and member of the Certified Public Accountants of Australia.

Upcoming Schedule

Registration is closed

Date & Time

10 Aug 2018 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 321.00
For Non-Members: $ 385.20

Programme Facilitator(s)

Wong Chan Seng

Venue

60 Cecil Street
ISCA House
Singapore 049709