As Canada continues to welcome significant numbers of immigrants this year, Royal Bank of Canada (RBC) is committed to being their bank of choice by creating tools and resources designed to improve newcomer arrival experiences. RBC is announcing the launch of Global Credit Connect with… Read More
Royal Bank of Canada (RBC) announced that it has “acquired OJO Canada — the Canadian operations of U.S.-based real estate technology company, OJO Holdings Corp.” The acquisition further “enables RBC’s commitment to supporting Canadians at every stage in their home buying journey by offering intuitive,… Read More
CanDeal Group, an operator of Canadian market and infrastructure services, has teamed up with five of Canada’s biggest local banks “to deliver a comprehensive, centralized Know Your Client (KYC) solution to the Capital Markets Industry.” The collaboration mutualizes many of the costs and efforts of… Read More
The Royal Bank of Canada (RBC), a multinational financial services company and the largest bank in Canada by market cap, has reportedly shifted applications under developments at its AI research division, Borealis AI, to a private cloud infrastructure. The high-performance cloud platform will be supported… Read More
Canadian residents will soon have the option to open a new savings account, which will be introduced by Fintech firm Neo Financial. The banking challenger is currently working on a 2020 product launch. Neo Financial has been established by two of the co-founders of SkipTheDishes,… Read More
A spokesperson for the Royal Bank of Canada (RBC) has confirmed that the top 5 Canadian bank has filed patents for crypto trading platform technology. The spokesperson would not confirm plans to launch, however. “(L)ike many other organizations,” Jean Francois Thibault told The Logic Monday, “(RBC) files patent… Read More
Global financial institution, Royal Bank of Canada (RBC), announced on Tuesday it has rolled out mobile enhancements specifically for small business owners. According to RBC, the enhancements will help business owners receive financial insights and allow them to manage their business financials. While sharing more… Read More
Royal Bank of Canada (RBC) announced on Wednesday the launch of its new mobile banking experience that is specifically for students. The RBC Mobile Student Edition was notably designed in collaboration with students to enable features that matter most to them. “The Student Edition hones… Read More
Royal Bank of Canada (RBC) announced on Wednesday it has acquired WayPay, a cloud-based payments fintech that offers business clients a best-in-class solution for accounts payable automation and payment optimization. RBC reported: “Many businesses are already planning the transition from paper cheques as manual reconciliation is… Read More
On Tuesday, the Royal Bank of Canada (RBC) announced it has opened its very own API developer platform. According to the bank, the RBC Developers platform will allow eligible external software developers, industry “innovators,” and clients to access select RBC APIs. While sharing more details… Read More
Canadian clean energy fintech company CoPower Inc. announced on Monday it has secured $2 million in equity financing to further scale its successful investment platform. The round was led by Fondaction CSN, a Montreal-based pension fund and included other existing shareholders such as the Royal… Read More
VersaPay Corporation (TSXV: VPY), a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, announced on Thursday it has formed a strategic relationship with Royal Bank of Canada (RBC) (TSX: RY). According to VersaPay, as part of… Read More
This week, Canadian fintech company Wave, which is based out of Toronto, Ontario, announced it had closed on $32 million CAD (about US $24 million) of funding for its Series D round. The funding was led by investments from the Royal Bank of Canada (RBC) and National… Read More
San Francisco fintech company, Ripple, announced on Friday that six major have teamed up to launch a new blockchain network on distributed financial technology. Bank of America Merrill Lynch, Santander, UniCredit, Standard Chartered, Westpac Banking Corporation, and Royal Bank of Canada have teamed up to… Read More
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