Retail Banking Academy news roundup – 08/05/2017

UK to streamline payments to boost bank competition

“Britain is keen to increase competition in banking, a sector dominated by the “Big Four” lenders – Lloyds, HSBC, Barclays and RBS. Any new banks have to use existing payments systems, largely set up by the big lenders, for a fee.”

Seriously, Bangladesh is the country to beat on e-payments

“What if you could pay your taxes with SMS? What if you could send and receive money without ever visiting a bank – or even having an account? What if biometrics could ensure that you are who you say you are, without needing an appointment or a signed letter or a proof of address?”

Trump Weighs Breaking Up Wall Street Banks, Raising Gas Tax

“President Donald Trump said he’s actively considering a breakup of giant Wall Street banks, giving a push to efforts to revive a Depression-era law separating consumer and investment banking.

Lafferty Daily Briefing – 8th May 2017

“The chief executive of RuPay parent National Payments Corporation of India (NPCI) has told the Times of India that “our credit cards will be launched soon. These would be RuPay credit cards. A pilot is going on with five banks.”.”


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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