- Business Analysts with 1+ years of experience working in banking and financial services.
- Developers and QAs with 1+ years of experience working on SWIFT and payments processing applications.
- Business Operations Associates with 2+ years of experience working in banking and financial services.
- Banking professionals who are exploring career opportunities in information technology.
- Understanding of credit card processing and domestic transfers.
- Understanding of cross border payments, real-time payments, transaction monitoring and screening.
- Understanding of SWIFT used for payment messages.
- Understanding of financial crimes compliance and regulatory frameworks in the banking industry.
- Understanding of modern payments platforms and offerings from FinTech firms.
- Certified Associates are required to recertify after 3 years, either by taking a recertification assessment or through continuing education credits.
- Continuing education credits may be earned by taking industry certifications, participating in industry conferences, including professional presentations, and writing industry thought papers published on skillboard.org or other online forums.
| Domain | Weightage |
|---|---|
Payment Methods & Instruments Cash, Cheque, Bank Transfers (Domestic and Cross Border), Credit Cards, Debit Cards, Prepaid cards, e-Wallet, Deferred Debit Cards. | 0-10% |
Card Payments Payments Card Types (Credit, Debit, Prepaid, Card Schemes, Card Technology), Magnetic Stripe Card, EMV Cards, NFC cards, Card Processing Participants, Card Transactions Lifecycle, Interchange Messaging (ISO 8583 Message Standards), Interchange Fees, Card Issuer Revenues, Merchant Costs. | 10-20% |
Card Fraud Management Chargebacks, PCI Data Security standards, Transaction Fraud Monitoring & Prevention, Artificial Intelligence & Machine Learning in Fraud Prevention. | 10-20% |
Banking Payments Payments Participants, US Fed Payments (ACH, Fedwire), UK Payments (CHAPS, BACS), Cross Border Payments, SWIFT and SEPA Payment Schemes, Real-Time Payments. | 10-20% |
Payment Messaging Role of SWIFT, SWIFT MT Message Types, XML MX Messages. | 10-20% |
Payment Clearing & Settlement Payments Clearing & Settlement Across Major Countries, Risks in Payments & Settlements, Common Settlement Issues, Risk Controls. | 10-20% |
Payments Hub Service Construct & Functions, Configurations & Ancillary Services, Channels, Sanctions Screening, Fraud, Serial and Cover Methods, Status Management, Accounting, Cut-offs. | 10-20% |
Digital & Mobile Payments FinTech Digital & Mobile Payments Solutions (Alipay, WeChat, M-Pesa, Paytm, Amazon Pay, Google Wallet, Apple Pay, Plaid, Stripe, Square, and Venmo). | 5-10% |