Retail Banking Academy news roundup – 16/01/17

Worldpay founder to launch challenger bank to focus on fintech

“Nick Ogden, who sold Worldpay to Royal Bank of Scotland in 2002, is planning to launch ClearBank in the coming months after receiving a licence from the financial regulators.”

Retail loan proposals fall 31% after cash ban

“Retail bank loan applications dropped to 31% less than normal over the past two months even as bankers were busy managing cash surrenders following the demonetisation drive”

Wells Fargo is making all its ATMs cardless

“Beginning this spring, Wells Fargo plans to introduce a “new mobile transaction plan” that will allow customers to withdraw cash from all of the bank’s 13,000 ATMs without using their debit card, according to CNN Money and Fortune.

Lafferty Daily Briefing – 16th January 2017

“Confidence in the US economy has risen in advance of Donald Trump leaving Trump Tower for the White House in four days time, with reports showing good consumer confidence and good CEO confidence.”

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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