Retail Banking Academy news roundup – 06/06/2017

A P2P service for Apple customers

“Is Apple moving steadily towards its own payment system? Of course it is — and it’s doing it incrementally. Yesterday Apple announced that it is launching a P2P service for Apple customers, which will be integrated into iMessage, Apple’s own short messaging system.”

How to rob a bank, according to economics

“Bank robberies are great case studies for the economics of crime. They’re premeditated affairs in which a perpetrator has evaluated (consciously or not) the rationality of proceeding. “

Barclays Zimbabwe will be cquired by Malawa-based First Merchant Bank

“Barclays Zimbabwe will be acquired by Malawa-based First Merchant Bank, according to reports, as Barclays moves to divest of its African businesses. Barclays has been operating in Zimbabwe for more than a century.

Lafferty Daily Briefing – 6th June 2017

“US president Donald Trump has tapped former OneWest CEO Joseph Otting as the next Comptroller of the Currency. The influence of Steven Mnuchin is evident: Mr Otting was chief executive of OneWest at a time when Mr Mnuchin was chair of the bank, which Time magazine described as a “foreclosure machine”.”


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.

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