E-Money and Mobile Payments (EMM)

Source details

Target Audience: Mid- to senior-level officials working in the payment, legal, technology, monetary policy, and financial stability departments at the central bank and in positions with similar responsibilities.
Qualifications: Participants should have experience in the operations and/or oversight in one or more of the following areas: payments, legal, technology, monetary policy, and financial stability.

Presented by the Monetary and Capital Markets Department.
Focus areas:
- e-money and mobile payment system developments
- preconditions for implementation
- business model analysis
- risks and prudential regulations
- contingency planning
Instructional design:
- Interactive format combining lectures, case studies/simulations, and panel discussions
- Self-assessment exercises based on targeted procedures and use cases
- Application of concepts to a hypothetical country to clarify/formulate an overall fintech payment strategy and action plan
- Group presentations and de-briefings to discuss hands-on self-assessment results

Upon completion, participants should be able to:
- Understand mobile payment system developments and risks
- Clarify and formulate an e-money and payment strategy as well as action plan
- Grasp a framework for business models, prudential supervision, and contingency planning