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.

Retail Banking Academy news roundup – 20/02/17

The trouble with ‘free’ banking for challenger lenders

“Despite low interest rates, underlying returns in retail banking remain high for the largest players and their market share is robust. If it looks like an oligopoly, moves like an oligopoly and speaks like an oligopoly, then it probably is an oligopoly.”

Amazon has many rivers to cross before it can break into banking

“For a long time now, the chaos scenario in banking has been a GAFA (Google, Apple, Facebook, Amazon) acquisition of an incumbent bank, which is why a Friday rumour in the US that Amazon was stalking Capital One got the market a little peppy.”

Standard Chartered Links Businesses To WeChat

British bank Standard Chartered is introducing its Chinese business customers to WeChat, the digital messaging platform developed by China’s Tencent that supports money transfers.”

Lafferty Daily Briefing – 20th February 2017

” American bank values are apparently soaring off the back of Trumpism, and despite taking an initial hit from Brexit, their British counterparts have been clambering back in value, climbing towards their highest value in 13 months. Bloomberg puts UK banks’ price-to-book value at around 0.8, with Lloyds clear of the bunch at 1.1.”


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.