Royal Bank of Canada (RBC) - News, Articles & Research

Company announcement/wealth

Tifin and RBc Wealth Managmeent expand partnership

Tifin, a leading AI and innovation platform for wealth, announces a new phase of collaboration between TIFIN AG and RBC Wealth Management-U.S.

28 February 2024

Company announcement/crime

RBC fined $7.5 million over AML violations

FINTRAC announced today that it has imposed an administrative monetary penalty on the Royal Bank of Canada (RBC).

07 December 2023

News/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.

28 July 2023

Company announcement/regulation

CMA charges five banks with bond price rigging

The Competition and Markets Authority (CMA) has provisionally found that 5 major banks – Citi, Deutsche Bank, HSBC, Morgan Stanley and Royal Bank of Canada – each unlawfully shared competitively sensitive information by participating in one or more series of one-to-one conversations in chatrooms.

24 May 2023

News/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.

14 February 2023

News/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.

21 November 2022

Company announcement/markets

RBC Capital Markets unveils algo for AI-based e-trading platform

RBC Capital Markets today announced the launch of Aiden® Arrival, the second algorithm on the firm’s AI-based electronic trading platform.

15 November 2022

News/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.

14 November 2022

Company announcement/retail

RBC acquires healthcare payments specialist MDBilling.ca

Today, RBC announced it has acquired MDBilling.ca, a cloud-based platform that automates and simplifies medical billing for Canadian physicians.

05 October 2022

News/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

News/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

Company announcement/retail

RBC connects with Plaid

During a time when Canadians' appetite for digital services continues to increase, RBC and Plaid are pleased to announce a new data access agreement that will empower RBC clients with the option to share their financial data securely via a direct application programming interface (API) with the thousands of apps and services of their choice on the Plaid data network.

20 June 2022

Company announcement/retail

RBC inks data access deal with Envestnet | Yodlee

RBC is pleased to announce a data access agreement with Envestnet | Yodlee, a leading data aggregation and analytics platform, to address the needs of an increasingly digital customer base.

14 June 2022

Company announcement/security

RBC unveils new mobile authentication tool

Today RBC is introducing a ground-breaking technology to further protect its clients' most personal information online.

18 May 2022

Company announcement/wholesale

RBC Clearing and Custody unveils tech platform

RBC Clearing and Custody (RBC C&C), a division of RBC Capital Markets, LLC, today announced the launch of RBC Nexus, a revolutionary new unified technology platform and secure entry point for all independent broker-dealers and registered investment advisors.

25 April 2022

Company announcement/wealth

Royal Bank of Canada to acquire Brewin Dolphin

Royal Bank of Canada ("RBC") today announced that, subject to Brewin Dolphin Holdings PLC ("Brewin Dolphin") shareholder approval and receipt of all regulatory approvals, RBC is acquiring Brewin Dolphin.

31 March 2022

News/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

Company announcement/cloud

RBC moves Asia wealth management platform to the cloud

Avaloq has today announced that it is expanding its long-standing technology partnership with RBC Wealth Management in Asia by moving to a cloud-based SaaS model and modernizing the wealth management platform with innovative front-office solutions.

26 January 2022

News/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

Company announcement/sustainable

Six of Canada's largest banks join United-Nations-convened Net-Zero Banking Alliance

Today, ahead of the United Nations Climate Change Conference (COP26) in Glasgow, six of Canada's largest banks – BMO, CIBC, National Bank of Canada, RBC, Scotiabank, and TD – together announced their pledge to join the Net-Zero Banking Alliance (NZBA) as part of a global, industry-led initiative to accelerate and support efforts to address climate change.

18 October 2021