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

RBC hires AI pioneer as advisor to new machine learning lab

Royal Bank of Canada has hired one of the pioneers in artificial intelligence as an advisor to a new research lab dedicated to machine learning.

19 January 2017

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Canada's big banks join $27 million SecureKey funding round

Six of Canada's leading financial institutions have participated in a $27 million funding round for SecureKey, a federated identity network which lets consumers use their online banking credentials to log in to public and private sector Web services.

18 October 2016

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RBC lets online investors pay trade commissions with reward points

The Royal Bank of Canada (RBC) has begun letting online investors pay their trade commissions with their credit card reward points.

30 September 2016

/Sibos

Swift beware: Ripple signs banks to global payments steering group

As Swift gears up for its annual Sibos jamboree in Geneva next week, the interbank messaging network is facing up to a growing threat from Ripple, which has signed up several major banks to a steering group on the use of distributed financial technology for global payments.

23 September 2016

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RBC introduces in-branch video interpretation app

Canada's RBC has rolled out a language app that lets customers visiting branches talk to qualified interpreters over a video link.

26 August 2016

/payments

Bank of Canada trials blockchain-based digital dollar

The Bank of Canada has been working with the country's biggest banks and the R3 consortium on a blockchain proof of concept that uses a digital fiat currency dubbed Cad-Coin.

16 June 2016

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Canadian banks sign on for Apple Pay

Apple has finally struck deals with Canada's banks to bring its mobile payments services to the country's Visa, MasterCard and Interac cardholders.

10 May 2016

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RBC partners University of Toronto on accelerator

The Royal Bank of Canada (RBC) is teaming up with the University of Toronto on an accelerator for students, entrepreneurs and startups.

06 April 2016

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RBC tests distributed ledger for remittances and loyalty programme

The Royal Bank of Canada (RBC) is the latest financial services giant to go public with its distributed ledger progress, confirming that it is working with Ripple on cross-border payments and experimenting with a blockchain-based loyalty platform.

26 February 2016

/wealth

RBC Wealth Management partners FutureAdvisor on digital advice pilot

The Royal Bank of Canada's American wealth management arm is piloting technology from robo-advisor FutureAdvisor.

02 February 2016

/retail

Royal Bank of Canada rolls out conversational biometrics

Royal Bank of Canada is to begin recording the voice prints of customers as they dial in to its call centres, eliminating the need for passwords and additional authentication questions to determine client IDs.

05 October 2015

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More global banks back blockchain collaboration plan

An initiative to create a set of global standards for the use of distributed ledger technology in financial markets has picked up momentum, with another 13 major banks - including BofA, Deutsche Bank and HSBC - throwing their weight behind the plan.

29 September 2015

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