Consumers want mobile payments to be fast, easy and most important of all, secure. RBC understands this and has long been innovating in the secure payment space and has now increased security and accelerated sign in with its development of an app for the Android M Developer Preview, the next major release of its operating system.
Apple is hoping to launch its mobile payments service in Canada this autumn, although the firm is still wrangling with banks over fees and security concerns, according to the Wall Street Journal.
EBS, ICAP's market-leading electronic FX business, announces today that its growth in Commonwealth currencies will be further strengthened with the addition of Royal Bank of Canada (RBC) as the first Canadian liquidity provider (LP) on the EBS Direct platform. This brings the total number of LPs on EBS Direct to 19.
Royal Bank of Canada has implemented Host Card Emulation for its mobile banking app, enabling customers to pay with most Android mobile phones without worrying about being on the right mobile network or having the right SIM card.
Canadian regulators have given approval to Aequitas, a new stock exchange backed by a consortium of financial services firms that plans to take on TMX Group and keep out high-frequency traders.
Heartbeat authentication startup Bionym is to conduct a multi-bank trial of its wearable Nymi Band for contactless card transactions at the point-of-sale in Canada.
Royal Bank of Canada (RBC) has joined the IBOS international banking network to access the wide range of cross-border and local banking services, in support of its Canadian client base who are expanding their business globally.
With the many daily demands of owning a business, effectively managing time can be just as crucial, and just as challenging, as managing finances.
RBC today marked a North American first by announcing a social, person-to-person (P2P) electronic money transfer capability for customers to send money to Facebook Messenger contacts, right from within the RBC Canada app.
The RBC Wallet, powered by RBC Secure Cloud, is now available, enabling RBC Mobile clients to purchase goods and services with their RBC Interac Debit or Visa credit cards using their Bell Mobility Android smartphone.
© Finextra Research 2015