Latest Royal Bank of Canada (RBC) News: Finextra Research

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.

14 November 2022

/startups

RBCx and RBC Ventures merge

The Royal Bank of Canada is merging its tech banking and innovation arm, RBCx, with its group for acquiring and investing in technology platforms, RBC Ventures.

22 September 2022

/regulation

Canadian banks team on KYC solution

Some of Canada's biggest banks are joining forces with market and infrastructure services provider CanDeal to set up a centralised KYC offering for the capital markets industry.

27 June 2022

/payments

RBC rolls out 'Split with Friends' tool

Royal Bank of Canada has added a feature to its app that lets customers divide the cost of an expense amongst a number of contacts, request the money and track who's paid.

08 March 2022

/payments

Visa boasts it is fuelling BNPL around the world

With new RBC analysis suggesting that the US buy now, pay later market is set for explosive growth, Visa says issuers, acquirers and fintechs are snapping up its instalment payments technology.

27 October 2021

/security

RBC rolls out spending forecasting tool

Royal Bank of Canada has added a forecasting feature to its artificial intelligence-powered budgeting tool, Nomi.

24 September 2021

/people

RBC to create 300 tech jobs at new Calgary Innovation Hub

Royal Bank of Canada is to create 300 technology roles at a new Calgary Innovation Hub scheduled to launch this September.

27 July 2021

/payments

Royal Bank of Canada moves into BNPL market

Royal Bank of Canada is moving into the buy now, pay later realm through a partnership with Alliance Data's Bread.

01 February 2021

/markets

RBC launches AI-guided electronic trading platform

RBC Capital Markets has launched an AI-powered electronic trading platform it claims will help improve results and insights for clients in a "measurable and explainable way".

16 October 2020

/retail

RBC launches ethical AI hub for Canadian firms

Royal Bank of Canada's artificial intelligence research unit has launched a programme to help promote "ethical AI".

05 October 2020

/retail

Big banks back Canadian launch of Financial Data Exchange

Canada's big five banks are among 31 organisations onboard for the launch of Financial Data Exchange (FDX) in the country, vowing to work together to promote Open Banking through the development of a secure, common, interoperable, flexible and royalty-free industry standard for financial data sharing.

30 July 2020

/cloud

RBC moves AI unit to new private cloud platform

Royal Bank of Canada has moved applications under development at its artificial intelligence research unit Borealis AI to a high-performance private cloud infrastructure with support from Red Hat and Nvidia.

24 July 2020

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