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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Course Overview

The course offers information on the processing of card payments, along with variations between older ‘magnetic stripe’ transactions and newer EMV primarily-based transactions. By utilizing this as a base, the Mobile Payment Security online course outlines specifically how payment solutions are being applied across the world on cell gadgets and smartphones, the variations between mobile issuance and mobile acceptance, and the way different varieties of payment methods and processes can be applied on these devices. Mobile Payment Security by edX consists of discussions of token carrier carriers and tokenization, their relation to traders and financial institutions, in addition to card transactions utilizing card readers, and the upward push of cell apps, cellular wallets, contactless payments, and the ledger structures which might be frequently used to manage those tactics.

The course is at a stretch of 4 weeks and involves a weekly time investment of 3 to 5 hours per week. The Mobile Payment Security training, offered by edX in association with the New York University, is a self-paced course and can be done at your time and convenience. The candidates can learn at their own pace during both tracks but with limited access if they have selected the audit track to finish the course. If the candidates have opted for the verified track, they will receive unlimited access to the course materials.

The Highlights

  • Course offered by edX 
  • In association with New York University 
  • Official and shareable certificate by edX 
  • The course length of 4 weeks 
  • Advanced Computer Science course
  • Online self-guided course 
  • Experienced New York University Instructors
  • Free audit period

Programme Offerings

  • Online Classes
  • activities
  • Self-paced training
  • video classes
  • Polling questions
  • and Discussion forums
  • MCQs
  • Video transcripts
  • Expert Faculty

Courses and Certificate Fees

Certificate Availability
no

Eligibility Criteria

Education

The candidates desiring to apply for the Mobile Payment Security online course are expected to have basic knowledge of cybersecurity, including cryptography and threat models. BS Degree in cybersecurity is optimal. 

Certification Qualifying Details

The understudies who have upgraded to the verified track will be given a verified certification by finishing the Mobile Payment Security certification course. The understudies are additionally needed to meet a score prerequisite of 75% or above under a particular given time. This will be assessed dependent on reviewed exercises that incorporate MCQs, FIBs, and assessment questions.

What you will learn

Knowledge of Cyber Security

The advanced Mobile Payment Security course gives detailed study and in-depth knowledge regarding several topics like -

  • Assessing the standard parts of the open and closed-loop systems of payment under the course.
  • Distinguishing between MagStripe and EMV installments and threat models related to each will be taught under Mobile Payment Security training. 
  • The distinctions and likenesses among contact and contactless payments utilizing EMV will be a part of the Mobile Payment Security certification syllabus. 
  • Examining the core standards of payment and how they are evolving with time.
  • The various kinds of cardholder verification and its Mobile Payment Security certification benefits
  • Getting familiar with the contrasts between mobile acquiring and mobile issuance.
  • The role of financial institutions plays in mobile issuance and mobile acquiring.
  • Analyzing the significant role that tokenization and token service providers play in mobile payments in Mobile Payment Security by edX
  • Understanding the relocation away from dedicated payment terminals and what impact it gives in the future under the Mobile Payment Security programme.
  • Learning about securing enrollment and how to implement various mobile apps.  
  • What the vital drivers for change are in the territory of installments and how these are molding the arising designs for misrepresentation.

Who it is for

This Mobile Payment Security programme is ideal for a various individuals such as -

  • Professionals who want to design their own mobile payment apps and polish their skills about the same may opt for a Mobile Payment Security certification course. 
  • Cybersecurity professionals wanting to gain an edge over others may enroll in this programme.

Admission Details

The course provides the opportunity for online registration for students.

The understudies can follow the steps that are given below: 

Step 1 - Go to the edX course page through the link that is provided below

https://www.edx.org/learn/cybersecurity/new-york-university-mobile-payment-security

Step 2 - Kindly login to the edX website using Facebook, Google account, or Email.

Step 3 - Complete the confirmation of your identity in order to enrol in the Mobile Payment Security certification course.

Step 4 - Students can audit the course for free or enrol in the verified track.

Step 5 - Students who enrolled in the free track can start the course and those who want to enrol in the verified track must complete the payment.

Step 6- Complete the payment for the Mobile Payment Security certification course with some random instalment choices like net banking. Students can start the verified track as soon as the payment is successful.

The Syllabus

Payment Fundamentals
  • Evolution of Payments
  • How a Payment is Processed
  • Payment Authentication and Settlement
EMV and Current Cardholder Authentication
  • EMV and Why It’s Needed
  • EMV Transaction Authentication
  • Cardholder Authentication

Mobile Payments Overview
  • Mobile Payments Defined
  • Mobile EMV Issuance
  • Tokenization
  • Mobile Issuance Walkthrough
Challenges & Standards
  • Payment Standards & Mobile Payment Challenges
  • Mobile Payment Standards & Reducing PAN Use

Threat Modeling
  • Threat Modeling Refresher
  • Payment Threat Models
  • Detailed Attacks on Payment Systems
Potential Mobile Issues
  • Mobile Device Security
Fixing the Issues
  • Securing Mobile Payments
  • Securing Enrollment & Implementation
  • Mobile Acquiring Walkthrough

Current Trends
  • Current Changes Driving Payments
  • Paying for Payments: Interchange
  • ISO8583 vs ISO 20022
Issues for Now and the Future
  • Online Payments vs In-store Payments
  • New Forms of Payments
  • Shared Ledger
  • Managing New Forms of Fraud

Instructors

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