Retail Banking Academy news roundup – 24/04/2017

UK watchdog warns against scrapping US rules for failing lenders

“Global regulatory co-operation would be threatened if the US dismantled its regime for failing banks, the UK financial watchdog has warned as the Trump administration takes aim at “too big to fail” lenders.”

Masterpass-Enabled Bots Launch on Messenger with FreshDirect, Subway and The Cheesecake Factory

“Today at the Facebook Developer Conference, Mastercard announced Masterpass-enabled bots to drive more seamless shopping on Facebook Messenger with FreshDirect®, Subway® and The Cheesecake Factory®.”

Deutsche Bank Is First Bank Busted for Breaking Volcker Rule

“Deutsche Bank AG was hit with the Federal Reserve’s first major fine for failing to ensure traders abide by the Volcker Rule’s ban on risky market bets — and will also pay even more for letting currency desks chat online with competitors, allegedly revealing positions.

Lafferty Daily Briefing – 24th April 2017

“A rise in regional trade in Asia is proving helpful to HSBC and Standard Chartered. ‘Both Standard Chartered and HSBC have approximately 30-40 per cent of revenues geared towards transaction banking.'”


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 – 20/03/2017

Smartphones set to dominate digital payments

Smartphones are the next frontier in contactless payments with the big tech companies coming out with apps that allow payments without even require opening the app or unlocking the device.”

Mastercard Targets APAC B2B Payments

“A partnership with Eko-Pay… will see the launch of Eko-B2B across APAC. The solution integrates with Mastercard’s inControl platform to automate accounts payable. \the companies cited research from McKinsey that found B2B payments across Asia Pacific are still largely manual, with 90 percent of transactions conducted in cash.”

CIMB bags ‘Best Retail Bank in Malaysia’ award

“CIMB group consumer banking chief executive officer Samir Gupta said the best retail bank award was reflective of its continuous efforts to deliver great customer experience, in line with today’s consumer expectations and also preference for online and mobile banking.

Lafferty Daily Briefing – 20th March 2017

“Cryptocurrencies are hoovering up investment from global banks, keen to get in on the several alternatives emerging to support international money transfer while also warding off competition from startups such as TransferWise.”


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.