Retail Banking Academy news roundup – 26/09/16

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Here are some of the most striking news stories from the past week in Retail Banking:

Confidential report reveals Brexit threat to consumer banking

“According to a 117-page British Bankers’ Association report that maps out the challenges Brexit poses to the sector, the UK credit-card industry — dominated by Barclaycard — issues 73 per cent of all cards across the EU. It could see its market share eroded, while customers may face stiff fees from retailers or cash machines across the bloc.”

People still trust brick-and-mortar branches more than digital banks

“Digital banking has surged in popularity over the last few years, but research out today also shows many still won’t trust a lender without a brick-and-mortar presence.”

HSBC to launch new mobile P2P payment platform in the ‘next few days’

“The new ‘easy pay’ system will function within HSBC’s existing mobile application and will allow users to transfer funds instantaneously. It will only require knowledge of the recipient’s mobile phone number to transfer the money.”

Lafferty Morning Briefing – 26th September 2016

“Chancellor Angela Merkel is signalling to voters that there will be no bailout for Deutsche Bank, even though the giant bank’s shares hit a new low this week as it faces a fresh round of calls on its cash that could eat up more than the capital set aside to cover fines for ongoing fraud investigations in the US and Russia.”

 

 

 

 

 

The Retail Banking Academy is the only international training academy that offers qualifications exclusively dedicated to the best practice principles in retail banking from the practitioner’s point of view. We are committed to making the Certified Retail Banker qualification (CRB) the recognised industry standard by making it possible for ambitious retail bankers worldwide to embark on a structured programme that sets the highest standards of ethics, education and customer-oriented retail banking excellence.

Retail Banking Academy news roundup – 19/09/16

 

HSBC retail head: ‘There’s an awful lot of scope for collaboration’ with fintech

“Banks are increasingly teaming up with fintech companies, previously seen a threat, as they look to respond to a sharp increase in customers banking online and to take advantage of opportunities created by new technologies such as blockchain.”

Facebook Users Can Now Purchase Some Fandango Movie Tickets From Their News Feed

“Fandango’s new service is the first for the U.S. Facebook users will be able to buy tickets to some movies without leaving their news feed on Facebook”

Goldman Sachs plans to use retail money to make Wall Street-style profits

“As Goldman Sachs has built its US consumer bank, it has established a team to put its deposits to work on Wall Street, a telling development about Goldman’s ambitions for the retail bank… The team’s job is to use consumer deposits and other types of funding for trades, investments and big loans to earn profits”

Lafferty Morning Briefing – 19th September 2016

“Wealthy Asian investors have invested $14 billion into European banks since August, according to Bloomberg. Analysts caution that the interest in European bank debt is due to the need to diversify from a weakening yuan rather than any great attractiveness of the debt.”

 

 

 

 

 

The Retail Banking Academy is the only international training academy that offers qualifications exclusively dedicated to the best practice principles in retail banking from the practitioner’s point of view. We are committed to making the Certified Retail Banker qualification (CRB) the recognised industry standard by making it possible for ambitious retail bankers worldwide to embark on a structured programme that sets the highest standards of ethics, education and customer-oriented retail banking excellence.