FIS 6810:Payments Processing in FinTech

3 Class Hours 0 Laboratory Hours 3 Credit Hours
This course focuses on the payment process ecosystem and the history of payments as a foundation from which to provide students with the requisite knowledge, and as important background, regarding the evolution of products and services used and recommended by financial technology services. The student will learn the different types of payment products and services used by organizations such as Apple, Amazon, PayPal, and Venmo to gain an understanding that fascinating customer experiences are not covered only in the physical financial technology products created but also in a framework of corresponding exchanges and services. The student will also learn about risk management, customer relationships, regulatory compliance, settlements, strategies, and best practices for acquiring merchants and services. Students are expected to develop a broad background of the latest developments in payments as well as its impact on various portions of the world. Students will also have hands-on problem-solving case studies that can be beneficial in payments applications and innovations. This course will provide a good understanding of the trajectory of the payments industry primarily from a US point of view, however, with some global perspective.

This course may be cross-leveled with FTA 3810.