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MRC Online Courses

Payments Orchestration and Optimization: Smart Routing & Advanced Vaulting

“Banner graphic with the title ‘Payments Orchestration and Optimization: Smart Routing & Advanced Vaulting’ over a blurred image of hands typing on a keyboard, with the text ‘Created in Partnership with Spreedly’ above the Spreedly logo at the bottom.

In today's rapidly evolving payment landscape, organizations must adeptly orchestrate and optimize payment processes to maintain competitiveness and security in an increasingly digital world. The Payments Orchestration and Optimization: Smart Routing & Advanced Vaulting course equips payment professionals with the requisite knowledge and skills to navigate the complexities of modern payment ecosystems. Beginning with an exploration of payment orchestration platforms, participants gain insight into how these platforms streamline workflows, enhance flexibility, and seamlessly integrate with diverse payment systems and providers.

 

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

 




The course significantly emphasizes smart routing, a cornerstone of payment orchestration, delving into its intricacies and benefits. Participants learn how smart routing optimizes transaction pathways, bolsters authorization rates, and reduces costs in payment processing. Simultaneously, they explore advanced vaulting, addressing the critical imperative for secure data storage and management. Through hands-on activities and practical exercises, participants acquire the expertise to implement and optimize these strategies, ultimately driving efficiency, security, and compliance in their organizations' payment operations.


FAQs

    • Fraud Analysts will gain insights to assess risks, reduce false positives, and identify coordinated fraud attempts using geolocation data.
    • Payment Security Specialists will learn to safeguard payment systems against unauthorized activities like card-not-present fraud and account takeovers.
    • eCommerce Fraud Managers will enhance fraud detection during transactions, disputes, and account sharing with practical geolocation applications.
    • Chargeback Specialists will use geolocation data to strengthen compelling evidence reports and effectively fight false claims.
    • Fraud Analysts will gain insights to assess risks, reduce false positives, and identify coordinated fraud attempts using geolocation data.
    • Payment Security Specialists will learn to safeguard payment systems against unauthorized activities like card-not-present fraud and account takeovers.
    • eCommerce Fraud Managers will enhance fraud detection during transactions, disputes, and account sharing with practical geolocation applications.
    • Chargeback Specialists will use geolocation data to strengthen compelling evidence reports and effectively fight false claims.
    • Program Level: Intermediate
    • Program Field of Study: Specialized Knowledge
    • Program Delivery Method: QAS Self-Study
    • CPE Credits: 2.0
    • Advanced Preparation and/or Pre-requisites: Fraud Essentials is recommended.
    • Program Level: Intermediate
    • Program Field of Study: Specialized Knowledge
    • Program Delivery Method: QAS Self-Study
    • CPE Credits: 2.0
    • Advanced Preparation and/or Pre-requisites: Fraud Essentials is recommended.
    • Understand the evolution and components of geolocation technology.
    • Identify the challenges, privacy considerations, and regulatory frameworks associated with using geolocation data for fraud prevention.
    • Identify the key steps and considerations in implementing geolocation technology for fraud detection.
    • Explain how data privacy, secure storage, and integration with fraud detection systems enhance geolocation’s effectiveness.
    • Understand how geolocation technology supports location-based authentication, compliance, and fraud detection across industries.
    • Identify specific methods and benefits of geolocation technology in ensuring transaction security, legal compliance, and fraud prevention.
    • Understand key geolocation evasion tactics fraudsters use.
    • Identify effective countermeasures and evolving technologies that help businesses detect and prevent location-based fraud.
    • Understand the privacy and security responsibilities in handling geolocation data, including compliance with regulations like GDPR and CCPA.
    • Recognize data security, integrity, and privacy strategies when managing geolocation information.

    Please allow 2–3 hours to complete this course. The course culminates with a comprehensive final assessment to evaluate the user's comprehension of the material. Upon successfully completing the final assessment, participants will be awarded a certificate of completion representing their proficiency in the subject matter.

    • Understand the evolution and components of geolocation technology.
    • Identify the challenges, privacy considerations, and regulatory frameworks associated with using geolocation data for fraud prevention.
    • Identify the key steps and considerations in implementing geolocation technology for fraud detection.
    • Explain how data privacy, secure storage, and integration with fraud detection systems enhance geolocation’s effectiveness.
    • Understand how geolocation technology supports location-based authentication, compliance, and fraud detection across industries.
    • Identify specific methods and benefits of geolocation technology in ensuring transaction security, legal compliance, and fraud prevention.
    • Understand key geolocation evasion tactics fraudsters use.
    • Identify effective countermeasures and evolving technologies that help businesses detect and prevent location-based fraud.
    • Understand the privacy and security responsibilities in handling geolocation data, including compliance with regulations like GDPR and CCPA.
    • Recognize data security, integrity, and privacy strategies when managing geolocation information.

    Please allow 2–3 hours to complete this course. The course culminates with a comprehensive final assessment to evaluate the user's comprehension of the material. Upon successfully completing the final assessment, participants will be awarded a certificate of completion representing their proficiency in the subject matter.

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

MRC Education Accreditation

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

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MRC Education Refund Policy

MRC Education eLearning course refunds and cancellations are determined on a case-by-case basis. Cancellations and requests for refunds must be communicated in writing to programs@merchantriskcouncil.org. Refunds will not be issued once a course is started. Additionally, courses must be completed within one year of the course enrollment date.