FOCUS July 2017 | Page 2

A radical shift is happening in retail banking. We are witnessing a shift to customer-led business models where investment in long-term customer experience strategy will be crucial for survival. In this digital age the retail bank is shifting from the branch at the centre to the customer at the centre. Global digital networks are providing both a challenge and an opportunity for the present and future of retail banking. And in response we are seeing some retail banks actively moving towards a platform or marketplace model, following the example of digital businesses working in the networked economy. Progressive retail banks are examining new alliances and partnerships with FinTechs and even those players outside the FinTech space – and more than ever, retail banks are considering how to use their customer data and technology to reclaim the world of payments – even to the extent that instant payments and smart accounts may change the way we think about banking, cards and payments. However, in times of greater accessibility to technology it’s never been more about the people. Digital can help us serve our customers better, so that they interact with the bank more often – and we can then serve them better when they need advice on the big decisions. Digital is human – it’s not really the mobile or the branch that is the heart of the bank. It’s the people. We at RBA are committed to empowering our candidates with the mindset and practical skills to tackle the challenges and opportunities on this transformation journey. January 2018 will see the launch of a refreshed curriculum. Our team is hard at work and we can’t wait to share the new Certified Retail Banker syllabus with you in September. We hope you enjoy reading this edition of RBA Focus Evelyn Hunter BSI ISO 9001 Certification The Retail Banking Academy is proud to announce that it has achieved ISO 9001:2015 Certification This certification recognises that the design, development, delivery and awarding of RBA’s professional certification programmes meets internationally recognised standards. RBA’s initiative to become ISO 9001:2015 certified is part of a strategic plan to ensure that the Academy demonstrates an ongoing commitment to consistently providing services designed to meet the needs of our clients and candidates. Achieving Certification required two critical audits by Client Managers from the British Standards Institution (BSI) and involved a detailed review of: 1-6 Yarmouth Place, Mayfair, W1J 7BU www.retailbanking-academy.org • RBA’s Quality Management System (QMS) • documentation evidencing how RBA meets the ISO 9001 requirements • the commitment demonstrated by RBA’s Management to continually improve the Quality Management System. Evelyn Hunter, CEO of the Retail Banking Academy said: “We would like to take this opportunity to thank our client banks, individual candidates, suppliers and stakeholders globally for their continued support. RBA will remain at the forefront of educating retail bankers worldwide to the highest ethical and professional standards.” Michael Lafferty, chairman of the Retail Banking Academy commented: “We are delighted to be ISO-certified. With over 10,000 bankers in some 105 countries now taking our programmes, this is further evidence that RBA is a world- class player in professional banking education.” For any enquiries relating to Retail Banking Academy’s ISO 9001:2015 certification contact RBA’s Qualifications Manager on: [email protected] The RBA Focus is a bi-monthly magazine which highlights the work we are doing to empower bankers around the globe. Please email [email protected] if you have a story you would like to share. FOLLOW RBA +4420 3513 8184 www.retailbanking-academy.org