Royal Bank Of Canada news and trends

Royal Bank of Canada Adds Installments Enabled by Visa
Digital-First Banking // November 14, 2022

Aiming to meet the evolving needs of consumers and merchants, the Royal Bank of Canada (RBC) has become the latest issuer to add installment plans enabled by Visa.  With Installments Enabled by Visa, which was launched by Visa in Canada last year, eligible RBC personal...

Today in FinTech: GoTo IPO on Track; Khazna Using Capital for Underbanked; TD Auto Offers...
Banking // March 31, 2022

In today’s FinTech news, GoTo’s public offering in Indonesia is moving forward, while Khanza’s funding will help Egypt’s underbanked population. Plus, TD Auto Finance offers car dealers real-time payments throughout the day. GoTo Wins Approval for $1.1B IPO GoTo Group is approved by the Financial...

Royal Bank of Canada to Buy Wealth Manager Brewin Dolphin
Acquisitions // March 31, 2022

The Royal Bank of Canada (RBC) has agreed to buy London-based Brewin Dolphin for $2.6 billion in Canadian dollars, (1.6 billion pounds or $2 billion), the Toronto lender announced Thursday (March 31). Brewin Dolphin, one of the largest British wealth management firms, had nearly three...

How RBC Captures Consumer Trust At The Point Of Onboarding
Digital Onboarding // May 07, 2021

The surge in pandemic-related fraud has increased consumers’ data safety concerns, with 23 million Americans who now believe that fraudsters have used their identities to create false accounts. In the inaugural Digital Onboarding Tracker, Rami Thabet, vice president of digital products at Royal Bank of...

Interviews & Exclusives
How One Cloud-Native Business Bank Overcame Its Cloud-Migration Roadblocks

August 24, 2020
Businesses and consumers alike are increasingly tapping new digital offerings for their financial needs as the ongoing COVID-19 pandemic shifts banking practices. Financial institutions (FIs) worldwide are searching for solutions that can help them swiftly support customers, but this means many are becoming more aware of their legacy systems’ inadequacies. Moving to cloud-supported infrastructure is […]

Securing The Bank’s Digital Front Door

April 20, 2020
Financial institutions (FIs) are familiar with the challenges of pairing customer satisfaction with security, a balancing act that becomes crucial when onboarding customers. Maintaining digital onboarding experiences that allow customers...

How RBC Is Overhauling Digital Account Opening With AI

April 20, 2020
The COVID-19 pandemic is changing daily routines for consumers around the world, leading companies of all kinds to navigate how to reach them remotely as they follow stay-at-home orders. This...

NEW REPORT: How AI Helps Banks Close The PFM Gap

January 22, 2018
The mobile devices in consumers’ pockets are getting smarter, and consumers are increasingly using those intelligent capabilities to manage their money. Now, banks are turning to use artificial intelligence (AI) to...

Quick Reads
RBC Debuts International, Multicurrency Trading Service for Investors

December 09, 2024
The Royal Bank of Canada (RBC) launched an online, multicurrency international trading offering. RBC Direct Investing provides the service, making it the only bank-owned online brokerage in Canada to offer this capability, according to a Thursday (Dec. 5) press release. “All our self-directed investors already have the strength of three powerful trading platforms, plus extensive […]

Royal Bank of Canada Adds Installments Enabled by Visa

November 14, 2022
Aiming to meet the evolving needs of consumers and merchants, the Royal Bank of Canada (RBC) has become the latest issuer to add installment plans enabled by Visa.  With Installments...

Royal Bank of Canada to Buy Wealth Manager Brewin Dolphin

March 31, 2022
The Royal Bank of Canada (RBC) has agreed to buy London-based Brewin Dolphin for $2.6 billion in Canadian dollars, (1.6 billion pounds or $2 billion), the Toronto lender announced Thursday...

RBC Says Amazon’s B2B Unit Will Be Worth $31B By 2023

December 06, 2019
Royal Bank of Canada (RBC) Capital said there’s an overlooked part of Amazon’s ecosphere of services that’s being casually overlooked but will be extremely profitable for the company in the...