Financial Industry Essentials Module 1: The Financial System, How Money Moves & Mobile Banking
Money moves like a well-oiled machine, but there are many parts that must work together when money changes hands.
This module will provide an overview of the financial system and explain the many avenues for transferring funds from account to account and member to member, including the Automated Clearing House (ACH) system, funds transfers, sweeps, P2P, and more. It will also address how transactions, such as deposits, that originate through mobile banking integrate into the overall process of how money moves.
Approximately 40 minutes
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Brode Consulting Services, Inc.
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