Retail Banking Academy news roundup – 22/05/2017

BBC fools HSBC voice recognition security system

“Security software designed to prevent bank fraud has been fooled by a BBC reporter and his twin”

EU court strikes down German challenge to ECB banking oversight

“The European Central Bank has won its court battle against Landeskreditbank Baden-Württemberg, after the EU’s highest court dismissed claims by the German lender that it should not be directly supervised by the eurozone’s banking regulator.”

Judge may reject parts of Wells Fargo account abuse settlement

“In an order on Tuesday evening, U.S. District Judge Vince Chhabria in San Francisco ordered lawyers for customers and the bank to address his concerns, including whether the entire settlement should be rejected, before a scheduled Thursday hearing to consider preliminary approval.

Lafferty Daily Briefing – 22nd May 2017

“The picture of what exactly happened in the world of payment cards in 2016 is clearing up. Lafferty Research data shows that Purchase volume on payment cards globally grew by 125 percent between 2010 and 2016. Growth on debit (137 percent) is stronger than on credit (113 percent). “


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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