Saurabh Khandelwal
Saurabh Khandelwal
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Decoding CBDCs: The Future of Digital Currency Explained| Cards and Payments - Part 22
Hi All
This is the next part in the cards and payments series . Please don't forget to like, share and subscribe
A Central Bank Digital Currency (CBDC) is digital money issued by a country's central bank. It's like cash but exists in electronic form. You can use it to pay for things online or in stores, just like using your credit card or a mobile payment app. Unlike cryptocurrencies, CBDCs are backed by the government, making them stable and secure.
Chapters:
What is CBDC: 00:16:10
Types of CBDC: 00:03:48
Technology used in CBDC: 00:04:16
Example to under Normal Payment vs CBDC Payment 00:08:10
Benefits of CBDC :00:11:30
Bank of England Reference Link Walkthrough 00:14:12
References used in the video:
www.mastercard.us/content/dam/public/mastercardcom/na/global-site/banks-and-credit-unions/other/mastercard-cbdc-whitepaper.pdf
www.bankofengland.co.uk/the-digital-pound
www.imf.org/en/Topics/fintech/central-bank-digital-currency/virtual-handbook
Master the Cards and Payments Domain with lots of hands on practice ! Enroll in my Udemy course using my referral link and boost your career today
www.udemy.com/course/understanding-cards-and-payments-domain/?referralCode=372260DEB1120E1AB08B
Connect with me for a 1:1 discussion or access the presentations used in my videos here :
topmate.io/ezeefied
Videos and Pics credits:
Video by Bedrijfsfilmspecialist.nl: www.pexels.com/video/a-computer-monitor-flashing-digital-information-2887463/
Video by Pixabay: www.pexels.com/video/busy-texting-856405/
Video by Monstera Production: www.pexels.com/video/animation-of-deposit-5849602/
Video by Kampus Production: www.pexels.com/video/man-ordering-food-to-go-6683951/
Video by Kampus Production: www.pexels.com/video/a-customer-doing-a-cashless-payment-at-a-cafe-6683943/
Images from www.pexels.com
Now you can login to ezeefied.com for all you needs on Cards and Payments Domain , Business Analysis , Data and Analytics .Do let me know what you think about the website by either leaving a comment on UA-cam here or use the query form on the website . Thank a lot guys, your encouragement means everything to me .
Please don’t forget to Like, Share and Subscribe this video
Переглядів: 2 116

Відео

Announcing New Course on Payments | ezeefied | Udemy Course
Переглядів 1,6 тис.6 місяців тому
Hi All As I had mentioned on the community chat , here is an introduction to a new course launched in cards and payments in Udemy I am giving this course for free to 100 students who can benefit from it. How to get the free code ? Very simple Follow my twitter handle : @ezeefied Send me a DM request for the code Go to Udemy Find the course - Cards and payments by Saurabh Khandelwal Use the code...
SEPA Payments|IS020022| Euro payments |Cards & Payments Part-21|Saurabh Khandelwal|ezeefied
Переглядів 3,3 тис.6 місяців тому
Hi All This is the next part in the cards and payments series . Please don't forget to like, share and subscribe SEPA is a Europe-wide payment network that allows customers and businesses to make fast, secure cross-border bank transactions. Single Euro Payments Area (SEPA) is an initiative to simplify cashless payments and create consistency for transactions within and among EU member countries...
Understanding a Bond for Beginners| Financial Markets Series - Part 2 |Saurabh Khandelwal | ezeefied
Переглядів 1767 місяців тому
In this video we talk about a fixed income security called Bond. If you working as a Business Analyst , developer or QA in Capital Markets there is a high chance that you would have across working with Bonds. If you are new to Bonds then this video will help you understand it. Chapters: What is a Bond? 00:00:25 Understanding a Bond 00:02:27 Common Terms used with Bonds 00:05:00 Price Vs Yield o...
SWIFT ISO20022 Migration Timeline and Key Points | Cards and Payments - Part 20
Переглядів 5 тис.Рік тому
Hi All Welcome to my channel . In this video we are covering the timelines around each of the phases in the SWIFT ISO 20022 Migration Process. This is a 3 year Process at the moment and the idea of putting this video is to give some insights to people who are very new to this area and requirement Please also use this links for further information and reading: www.swift.com/standards/iso-20022/i...
Investment Banking Basics for IT Projects - Testers , developers and Production Support
Переглядів 1,5 тис.Рік тому
#banking #financialservices #domain #capitalmarkets In this video we talk about investment banking and understand the key players at a very high level. The video also talks about buying and selling side of capital markets. This video is intended for only beginners who have little to no knowledge about this area. It is ideal for IT professionals and anyone in general who wants to get the basics ...
Learning Python and the domain skills even before starting college !
Переглядів 473Рік тому
#python #payments #college #skilldevelopment Hi All, Join this channel to get access to perks: ua-cam.com/channels/cr7cTvWsKRQPMBtWSJTlSA.htmljoin This week say hello to Hrushikesh Emkay who will be starting his college soon. He is based in the UK , watched the videos on this channel and was kind enough to take out some time for our UA-cam channel and agreed to share some of the key insights to...
Discussion with a Project Manager who shifted to Payments and Product Management | Payments Products
Переглядів 1,9 тис.2 роки тому
Discussion with a Project Manager who shifted to Payments and Product Management | Payments Products
Smart Contract on a Block Chain explained with an Easy Tenancy Agreement Example | Payment Series-19
Переглядів 1,7 тис.2 роки тому
Smart Contract on a Block Chain explained with an Easy Tenancy Agreement Example | Payment Series-19
Understanding Defi | Smart Contracts| Stable Coins | Apps | Quiz Included |Payments Series - Part 18
Переглядів 4,3 тис.2 роки тому
Understanding Defi | Smart Contracts| Stable Coins | Apps | Quiz Included |Payments Series - Part 18
Understanding ISO 20022 and its Structure | Cards and Payments Part -17 | MX Series | SWIFT
Переглядів 50 тис.2 роки тому
Understanding ISO 20022 and its Structure | Cards and Payments Part -17 | MX Series | SWIFT
Cross Border Payments | ISO 20022 | Cards and Payments - Part 16
Переглядів 20 тис.2 роки тому
Cross Border Payments | ISO 20022 | Cards and Payments - Part 16
The Bombe at Bletchley Park | The Imitation Game | Alan Turing | World War 2 | Enigma | Cipher
Переглядів 2692 роки тому
The Bombe at Bletchley Park | The Imitation Game | Alan Turing | World War 2 | Enigma | Cipher
Cards and Payments - Part 15 | Understanding Open Banking
Переглядів 7 тис.2 роки тому
Cards and Payments - Part 15 | Understanding Open Banking
Cards and Payments - Part 14 | Understanding PIN Translation | ISO Formats | HSM Keys
Переглядів 8 тис.2 роки тому
Cards and Payments - Part 14 | Understanding PIN Translation | ISO Formats | HSM Keys
Cards and Payments - Part 13 | EMV 3D Secure Request Flow in Detail | ACS | MPI | Directory Server
Переглядів 15 тис.2 роки тому
Cards and Payments - Part 13 | EMV 3D Secure Request Flow in Detail | ACS | MPI | Directory Server
Cards and Payments - Part 12 - 3DS & 3DS2 Authentication Overview | Strong Customer Authentication
Переглядів 21 тис.2 роки тому
Cards and Payments - Part 12 - 3DS & 3DS2 Authentication Overview | Strong Customer Authentication
Cards and Payments - Part 11| Payment Gateways | Merchant Accounts | PayFac
Переглядів 10 тис.2 роки тому
Cards and Payments - Part 11| Payment Gateways | Merchant Accounts | PayFac
Do you really need to understand Data Modelling as a Business Analyst?|Data Architecture | Payments
Переглядів 5 тис.2 роки тому
Do you really need to understand Data Modelling as a Business Analyst?|Data Architecture | Payments
Cards and Payments | Part - 10 | Understanding Clearing and Settlement Systems
Переглядів 29 тис.2 роки тому
Cards and Payments | Part - 10 | Understanding Clearing and Settlement Systems
Cards and Payments | Part 9 | Role of PCI DSS in Data Security | Various techniques to protect data
Переглядів 8 тис.2 роки тому
Cards and Payments | Part 9 | Role of PCI DSS in Data Security | Various techniques to protect data
Cards and Payments |Part 8 | 5 Special Certifications in Payments | AML | PCI |SWIFT | Data Security
Переглядів 11 тис.2 роки тому
Cards and Payments |Part 8 | 5 Special Certifications in Payments | AML | PCI |SWIFT | Data Security
Cards and Payments | Part 7 | What is Payments Authorisation and ISO8583 Messaging
Переглядів 19 тис.2 роки тому
Cards and Payments | Part 7 | What is Payments Authorisation and ISO8583 Messaging
Cards and Payments | Part 6 | How does Payment Processing Fees work in Payments
Переглядів 14 тис.2 роки тому
Cards and Payments | Part 6 | How does Payment Processing Fees work in Payments
Case Study - How does a Business Analyst differ from Data Analyst | Saurabh Khandelwal |Python| SQL
Переглядів 3442 роки тому
Case Study - How does a Business Analyst differ from Data Analyst | Saurabh Khandelwal |Python| SQL
Cards and Payments - Part 5 -Disputes Life Cycle #cards #payments #disputes #paymentsdomain
Переглядів 25 тис.3 роки тому
Cards and Payments - Part 5 -Disputes Life Cycle #cards #payments #disputes #paymentsdomain
Event Driven Architecture | Microservices | Payments
Переглядів 1,7 тис.3 роки тому
Event Driven Architecture | Microservices | Payments
Various career options in Data
Переглядів 2923 роки тому
Various career options in Data
Free Crypto by Coinbase to Learn investing in CryptoCurrency | Saurabh Khandelwal | Crypto |Coinbase
Переглядів 1813 роки тому
Free Crypto by Coinbase to Learn investing in CryptoCurrency | Saurabh Khandelwal | Crypto |Coinbase
Cards and Payments - Part 4 - Card issuers and Card Holders
Переглядів 18 тис.3 роки тому
Cards and Payments - Part 4 - Card issuers and Card Holders

КОМЕНТАРІ

  • @sumitkarnik5240
    @sumitkarnik5240 11 днів тому

    nicely explained

  • @pcaso
    @pcaso 12 днів тому

    Uml is unified modelling language 😂

  • @shubhamkanauji7261
    @shubhamkanauji7261 16 днів тому

    Thanks for the amazing content

  • @SK_Target_2024
    @SK_Target_2024 20 днів тому

    what does it mean " reserved for iso use" ? This is showing when I am trying to set pin in my new debit card. Thanks

  • @mataafkarte6162
    @mataafkarte6162 Місяць тому

    What if buyer is paying via credit card then he has to pay 100% is there some thing like that

  • @manishdhingra5174
    @manishdhingra5174 Місяць тому

    great stuff. Well Done. Thank you !

  • @jeremiasgarganera8962
    @jeremiasgarganera8962 Місяць тому

    I learned a lot. Glad for having this video, i get bored when reading

  • @aishwaryanarasimhan9887
    @aishwaryanarasimhan9887 Місяць тому

    Loads of thanks first. Really I gotta clear view on this basic payment process which we go through on our daily life. More to learn on upcoming days from you. Such an awesome explanation you have given, thank you.

  • @sicelomagagula2330
    @sicelomagagula2330 Місяць тому

    Thank you. 😊

  • @likedporter2895
    @likedporter2895 Місяць тому

    So how can you learn to write smart contracts on the Blockchain, is there a course is there employment? You seem to know what you’re talking about, so I thought I would ask you

  • @AlexR2024Dubai
    @AlexR2024Dubai 2 місяці тому

    Excellent narrative. Wish you cover more topics.

  • @PujaKumari-tu3ok
    @PujaKumari-tu3ok 2 місяці тому

    Why I didn't go through this really informative video earlier...Thank you soo much...I worked in Mastercard and currently searching for new job opportunity...It is really helping me fir my interview preparation....keep it up 👌

  • @vtanz
    @vtanz 2 місяці тому

    Thank you for sharing information. Saurabh are there any cards and payments certifications , please suggest.

    • @ezeefied
      @ezeefied Місяць тому

      There are for niche areas though

  • @pravinbadgujar7228
    @pravinbadgujar7228 2 місяці тому

    It is a great session. Could you please make a video for MT 01, 02 and 09 series?

  • @SubashriSaravanan-x7i
    @SubashriSaravanan-x7i 2 місяці тому

    Your explanation of MANIC was so clear and easy to understand. I really appreciate your videos!

  • @XP20213
    @XP20213 2 місяці тому

    I like the acronym - MANIC. It helps a lot to understand the entire ecosystem and parties involved in it.

  • @aamirshakur4030
    @aamirshakur4030 2 місяці тому

    Great series 😊

  • @SubashriSaravanan-x7i
    @SubashriSaravanan-x7i 2 місяці тому

    Hi Saurabh, I am searching a job in Finance industry. This course will help to get a job. I couldn't DM in X Twitter. Please help.

  • @muhammadazeem6825
    @muhammadazeem6825 2 місяці тому

    Good job

  • @OmarJuma-o4w
    @OmarJuma-o4w 3 місяці тому

    Thank you for your effort, could you advice on some certifications in basic payment systems related to tokenization?

  • @udaybhaskarvarmaD
    @udaybhaskarvarmaD 3 місяці тому

    Very interesting and insightful

  • @maxben748
    @maxben748 3 місяці тому

    Xrp?

  • @viveksahai4821
    @viveksahai4821 3 місяці тому

    Hi Saurabh, thanks for sharing the nice information. Can you make a video on deferred payment

  • @youtube-admin920
    @youtube-admin920 3 місяці тому

    what is tc57? is it the clearing file

  • @youtube-admin920
    @youtube-admin920 3 місяці тому

    I joined an organisation which is into card payments. unfortunately, nobody in the organisation helped me with the payments basics. your videos are helpful ❤

  • @nuriaolmos2107
    @nuriaolmos2107 3 місяці тому

    Hey I am unable to DM in X.

  • @satyanarayananvsathya8994
    @satyanarayananvsathya8994 3 місяці тому

    Big thanks sir

  • @stockmarkets9223
    @stockmarkets9223 3 місяці тому

    Hi Saurabh. Thanks for these videos. Really useful. Can you make a video on Pament gateway vs payment processor vs Payment switch vs Acquirer-processor. I find it very confusing. Thanks a lot

  • @Steve-ey9ws
    @Steve-ey9ws 3 місяці тому

    Just fucking play it 0:26 0:26 0:48 0:48 0:49 0:50 0:51

  • @ignatiusmakanyane6466
    @ignatiusmakanyane6466 3 місяці тому

    Can we have a virtual meeting? I'm building an Asset Management Firm and I have funds in Deutsche Bank Germany but need to distribute them in 10 various jurisdictions in Africa. I'm particularly interested in the Open Banking Platform. Please advise on your most convenient time and date. I'm based in South Africa.

    • @ezeefied
      @ezeefied 3 місяці тому

      You can book a 1-1 session with me . Link is on the channel home page

  • @mohammedmaskaruddin4189
    @mohammedmaskaruddin4189 3 місяці тому

    Informative video

  • @SivaKamatham-u6x
    @SivaKamatham-u6x 3 місяці тому

    Thank you Saurabh!! session very help full.

  • @sangaytenzin3475
    @sangaytenzin3475 3 місяці тому

    How is it different from ISO 8583?

    • @ezeefied
      @ezeefied 3 місяці тому

      Very different ! Structure wise

    • @sangaytenzin3475
      @sangaytenzin3475 27 днів тому

      @@ezeefied is length issue only the constraint with ISO 8583?

  • @poorti2188
    @poorti2188 3 місяці тому

    Superb Video Thanks a lot

  • @LailaOP_24
    @LailaOP_24 4 місяці тому

    Very useful acronym - MANIC !

  • @chhanditachowdhury5565
    @chhanditachowdhury5565 4 місяці тому

    thanks for the insightful video.Will it be possible for you to make a video on central banks involvement in payments and the corresponding infrastructure involved

    • @ezeefied
      @ezeefied 3 місяці тому

      Thank you for the suggestion . I will try to

  • @forumdadia
    @forumdadia 4 місяці тому

    Whay

  • @098colm
    @098colm 4 місяці тому

    Thanks

    • @ezeefied
      @ezeefied 4 місяці тому

      Thank you 🙏🏽 your support means a lot !

  • @siddharthsingh5829
    @siddharthsingh5829 4 місяці тому

    Thankyou so much...😊😊😊

  • @MhkChopra
    @MhkChopra 4 місяці тому

    Will it be correct if i say acquirer is the merchant bank and issuer is the cardholder bank

    • @ezeefied
      @ezeefied 4 місяці тому

      On the issuer side yes, but on the acquirer side merchant bank and acquirer bank are different

  • @starpmaminul
    @starpmaminul 4 місяці тому

    Is stripe an acquirer?

  • @hemantjadhav1176
    @hemantjadhav1176 4 місяці тому

    Hon Sir, Big thanks for your valuable time of preparing this video's and published it, for our growth of knowledge I was trying to found such knowledge which I got . Big thanks once again 🎉🎉❤❤

    • @ezeefied
      @ezeefied 4 місяці тому

      I am glad to hear you found them helpful 🙏🏽

  • @asha1537
    @asha1537 4 місяці тому

    Very informative content. Will follow up more videos

    • @ezeefied
      @ezeefied 4 місяці тому

      Thank you. Glad you liked it. Please subscribe to the channel and also let you friends know who may be interested 🙏🏽

  • @karanveersinghsekhon1595
    @karanveersinghsekhon1595 4 місяці тому

    Insightful 👍🏻👍🏻

  • @098colm
    @098colm 5 місяців тому

    Thanks

    • @ezeefied
      @ezeefied 5 місяців тому

      Thank you very much for your support !

  • @vinayv8
    @vinayv8 5 місяців тому

    Hi @Saurabh how is the card holder's name / name on card transmitted in iso 8583. is the card holder name passed all the way from merchant to issuing bank ? please help. Thanks

    • @ezeefied
      @ezeefied 5 місяців тому

      Hi @Vinayc8 yes you are right . Its transmitted all the away. This could be through 8583 and EMV

  • @akashbhattacharya8509
    @akashbhattacharya8509 5 місяців тому

    I am unable to DM in X.

    • @ezeefied
      @ezeefied 5 місяців тому

      You should get a DM message. Please check