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131 Results from "Royal Bank of Canada (RBC)"

/payments

RBC and BMO explore $2bn sale of Moneris payments business - Reuters

Royal Bank of Canada and Bank of Montreal are looking to offload payments processing joint venture Moneris for up to $2 billion, according to Reuters.

/security

Nato nations to launch Defence, Security and Resilience Bank

Following a recent commitment by Nato countries to invest 5% of their GDP to defence, global banks are backing a new bank that is being set up to support Nato countries and their allies finance their defence needs.

/ai

RBC taps proprietary AI model for credit decisions

Royal Bank of Canada is using its own proprietary AI foundation model to improve credit adjudication capabilities and loyalty programme personalisation.

/regulation

Citi, HSBC, Morgan Stanley, RBC fined for disclosing UK bond pricing

UK regulator, the Competition and Markets Authority (CMA) has fined Citi, HSBC, Morgan Stanley, and the Royal Bank of Canada £104.5 million for sharing sensitive information about UK bonds between 2009 and 2013.

/ai

RBC to co-develop GenAI models for data security and privacy with Cohere

Royal Bank of Canada has teamed with AI vendor Cohere to co-develop a security and data privacy application using generative AI.

/markets

RBC opens up trading around the world to online investors

Royal Bank of Canada's online brokerage is rolling out international trading in multiple foreign currencies to its investors.

/inclusion

RBC partners Nova Credit to help immigrants bring their credit history with them

Royal Bank of Canada has enlisted Nova Credit to help migrants leverage their international credit history when they arrive in the country.

/startups

RBC launches incubator

The Royal Bank of Canada is backing a new incubator programme for fintech and cybersecurity startups.

/cloud

FS giants team on open standards project for common cloud controls

The Fintech Open Source Foundation (Finos) is forming an open standard project to describe consistent controls for compliant public cloud deployments in the financial services sector.

/retail

RBC buys real estate tech platform OJO Canada

Royal Bank of Canada has acquired the Canadian operations of AI-based real estate technology company OJO. Financial terms of the deal were not disclosed.

/payments

RBC jumps on Swift Go for cross-border payments

RBC has become the first Canadian bank to roll out Swift Go, enabling businesses to send cross-border near real-time low-value cross-border payments.

/payments

RBC partners Visa to offer cardholders BNPL option

Royal Bank of Canada is the latest lender to tap into Visa's BNPL technology to offer its credit cardholders the option of paying for purchases in instalments.