Bitesize Payments

Payments are one of things that we do every day - they just happen, really they are just like magic!!!! But we don't wake up and think today I want to make a payment - we just want to pay a bill or buy a coffee but payments make them happen.

Paradoxically we both know more about them than we think and yet at the same time very little about what they are and how they work.

I have spent a lot of time in our industry doing education and training sessions on Payments and I kinda thought it would be useful to record it. So, here we go.... In Bitesize Payments I try and explain the History of Payments, how they work and who does what. Also who get paid for what....that might surprise you!

Anyway hopefully in less than 20 mins, week after week you can become a payment experts....... or at the very least someone who can ask the tough questions :-)

Please let me have your feedback, input or question at bitesizepayments@gmail.com

Thanks for listening.......

All Episodes

Bitesize Payments

ACHs - Forward into the 60s

July 20, 2023 • Season 1 • Episode 5

Welcome back to Bitesize Payments. In the last episode we discussed the key stakeholders, Corporates, Governments and of course ourselves.

I this episode we are going to discuss ACH’s – Automated Clearing Houses. ACHs are important for us as by and large that how we get paid. We are going back to relatively modern history late 60s early 70s. This one is close to my heart as preparing a payroll file for BACs was my first role in Payments.

Today, I am joined by the rock star Erika Baumann to explain ACHs.....

So, buckle up we are going to discuss their history how they work and who does what.

Payments Industry Insights

History of Payments

Payment System Explained

Corporate Payments Strategy

Payment Regulations Impact

ISO20022 Standard

Digital Payments Evolution

CBDC Advancements

Cryptocurrency in Payments

Financial Technology Education