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MRC Online Courses

Product Management Lifecycle & Processes

Course title graphic reading ‘Product Management Lifecycle and Processes’ over a muted blue background, with a person’s hand using a laptop and stylized document and checklist icons representing product workflows and approvals.

The Product Management Lifecycle and Processes course offers a detailed guide to managing products in the highly regulated and technically complex world of payments and fraud prevention. Designed for product professionals operating in risk-sensitive environments, the course walks learners through every phase of the product lifecycle, from ideation and roadmap creation to launch, iteration, and retirement, while emphasizing the importance of security, compliance, and user experience.

 

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

 


Enroll | Members Enroll | Non-Members

Participants will gain practical insights into defining technical and business requirements, navigating stakeholder collaboration, and using agile methodologies to deliver value. The course also explores UX strategies tailored for fraud prevention and regulated markets, techniques for validating user needs, and best practices for balancing innovation with operational and legal risk.


FAQs

    • eCommerce payment managers needing to ensure transaction security through technologies like tokenization.
    • Data security specialists in eCommerce looking to deepen their understanding of tokenization as a security measure.
    • Fraud prevention experts needing knowledge of advanced security measures, like tokenization.
    • Compliance officers ensuring that eCommerce operations adhere to payment security standards and regulations. 
    • This course may also benefit eCommerce business owners, financial analysts, customer experience managers, IT and technical professionals in online retail.

    • eCommerce payment managers needing to ensure transaction security through technologies like tokenization.
    • Data security specialists in eCommerce looking to deepen their understanding of tokenization as a security measure.
    • Fraud prevention experts needing knowledge of advanced security measures, like tokenization.
    • Compliance officers ensuring that eCommerce operations adhere to payment security standards and regulations. 
    • This course may also benefit eCommerce business owners, financial analysts, customer experience managers, IT and technical professionals in online retail.

    • Program Level: Basic
    • Program Field of Study: Specialized Knowledge
    • Program Delivery Method: QAS Self Study
    • CPE Credits: 1.4
    • Advanced Preparation and/or Pre-requisites: Payment Essentials recommended.

    • Program Level: Basic
    • Program Field of Study: Specialized Knowledge
    • Program Delivery Method: QAS Self Study
    • CPE Credits: 1.4
    • Advanced Preparation and/or Pre-requisites: Payment Essentials recommended.

    • Identify how generative AI technologies are being exploited in modern identity fraud schemes.
    • Explain the limitations of traditional fraud detection systems.
    • Describe how generative AI enables new forms of identity fraud.
    • Explain how AI tools enhance account takeover and impersonation tactics.
    • Recognize how generative AI is being used in real-world identity fraud cases.
    • Describe the risks posed by cross-border GenAI-enabled fraud.
    • Identify advanced detection methods for combating GenAI-based identity fraud.
    • Explain the importance of layered authentication strategies and real-time monitoring in defending against AI-enhanced identity threats.
    • Understand the regulatory implications of using AI in fraud detection.
    • Identify compliance risks posed by generative AI and how to align fraud prevention strategies with data privacy, transparency, and legal defensibility.
    • Recognize emerging GenAI fraud threats and how LLMs may be weaponized at scale.
    • Identify tools, training, and strategies to prepare teams and build ethical, adaptive AI defenses.

    Please allow 1.5–2.0 hours to complete this course. The course culminates with a comprehensive final assessment to evaluate the learner’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.



    • Identify how generative AI technologies are being exploited in modern identity fraud schemes.
    • Explain the limitations of traditional fraud detection systems.
    • Describe how generative AI enables new forms of identity fraud.
    • Explain how AI tools enhance account takeover and impersonation tactics.
    • Recognize how generative AI is being used in real-world identity fraud cases.
    • Describe the risks posed by cross-border GenAI-enabled fraud.
    • Identify advanced detection methods for combating GenAI-based identity fraud.
    • Explain the importance of layered authentication strategies and real-time monitoring in defending against AI-enhanced identity threats.
    • Understand the regulatory implications of using AI in fraud detection.
    • Identify compliance risks posed by generative AI and how to align fraud prevention strategies with data privacy, transparency, and legal defensibility.
    • Recognize emerging GenAI fraud threats and how LLMs may be weaponized at scale.
    • Identify tools, training, and strategies to prepare teams and build ethical, adaptive AI defenses.

    Please allow 1.5–2.0 hours to complete this course. The course culminates with a comprehensive final assessment to evaluate the learner’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.