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MRC Online Courses

Pay By Bank

Graphic with a blurred person using a laptop in the background. In the foreground, a digital banking icon sits inside a circular interface with symbols for shopping, search, payment, and security surrounding it. Large text reads “Pay by Bank,” with smaller text below saying “Created in Partnership with.” The Plaid logo and the word “PLAID” appear at the bottom.

The Pay by Bank course provides a comprehensive overview of the emerging and increasingly popular payment method that allows consumers to make direct payments from their bank accounts, bypassing traditional card networks. Participants will explore how Pay by Bank leverages open banking, real-time payments, and robust security features to offer a more cost-effective, secure, and user-friendly alternative to conventional payment methods..

 

MRC Members: USD $75 (plus applicable taxes)
Non-members: USD $150 (plus applicable taxes)   

Enroll | Members Enroll | Non-Members



This course covers key features, technical integration, benefits, challenges, and future trends shaping this innovative payment solution. It is designed to equip payment and fraud professionals with the knowledge needed to implement and optimize Pay by Bank in their operations while staying compliant and adapting to evolving consumer and regulatory demands.

FAQs

    • Payments architects and engineers responsible for designing, scaling, and modernizing payment infrastructure
    • Product and technology leaders driving payments innovation, orchestration initiatives, and platform modernization efforts
    • Payments and platform teams managing integrations, orchestration layers, and multi-provider payment ecosystems
    • Risk, operations, and strategy professionals involved in payment system optimization, transformation, and performance improvement
    • Business and technology stakeholders seeking to understand composable architecture approaches for long-term payment system agility
    • Payments architects and engineers responsible for designing, scaling, and modernizing payment infrastructure
    • Product and technology leaders driving payments innovation, orchestration initiatives, and platform modernization efforts
    • Payments and platform teams managing integrations, orchestration layers, and multi-provider payment ecosystems
    • Risk, operations, and strategy professionals involved in payment system optimization, transformation, and performance improvement
    • Business and technology stakeholders seeking to understand composable architecture approaches for long-term payment system agility
    • Describe the foundational principles, benefits, and trade-offs of composable payments architecture
    • Evaluate payment systems using the Composability Test framework and Composability Index
    • Assess payment infrastructure across modularity, interoperability, orchestration flexibility, and observability
    • Identify modernization opportunities within existing payment architectures and workflows
    • Develop API-first modernization strategies that improve system flexibility and scalability
    • Apply orchestration overlays and standardized interfaces to support provider-agnostic payment flows
    • Evaluate approaches for integrating alternative payment methods and emerging payment capabilities
    • Assess the role of open-source infrastructure in composable payment architectures
    • Apply AI-enabled tools and automation to payment system development and optimization
    • Design practical modernization roadmaps that support long-term payment system agility

    Please allow approximately 2–3 hours to complete this course. The course includes knowledge checks throughout and culminates with a final assessment designed to evaluate the learner's understanding of the material. Upon successful completion, participants will receive a certificate of completion recognizing their proficiency in composable payments architecture and payment system modernization.

    • Describe the foundational principles, benefits, and trade-offs of composable payments architecture
    • Evaluate payment systems using the Composability Test framework and Composability Index
    • Assess payment infrastructure across modularity, interoperability, orchestration flexibility, and observability
    • Identify modernization opportunities within existing payment architectures and workflows
    • Develop API-first modernization strategies that improve system flexibility and scalability
    • Apply orchestration overlays and standardized interfaces to support provider-agnostic payment flows
    • Evaluate approaches for integrating alternative payment methods and emerging payment capabilities
    • Assess the role of open-source infrastructure in composable payment architectures
    • Apply AI-enabled tools and automation to payment system development and optimization
    • Design practical modernization roadmaps that support long-term payment system agility

    Please allow approximately 2–3 hours to complete this course. The course includes knowledge checks throughout and culminates with a final assessment designed to evaluate the learner's understanding of the material. Upon successful completion, participants will receive a certificate of completion recognizing their proficiency in composable payments architecture and payment system modernization.

    • Program Level: Intermediate
    • Program Field of Study: Specialized Knowledge
    • Program Delivery Method: QAS Self Study
    • CPE Credits:1.6
    • Advanced Preparation and/or Pre-requisites: Payment Essentials: Fundamentals is recommended.

    • Program Level: Advanced
    • Program Field of Study: Specialized Knowledge
    • Program Delivery Method: QAS Self Study
    • CPE Credits: 3.0
  • Refund Policy: Refunds and cancellations are determined on a case-by-case basis. Cancellations must be communicated in writing to programs@merchantriskcouncil.org. No refunds will be issued once a course has been started.

    Refund Policy: Refunds and cancellations are determined on a case-by-case basis. Cancellations must be communicated in writing to programs@merchantriskcouncil.org. No refunds will be issued once a course has been started.

NASBA Sponsors logo

The Merchant Risk Council is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org