RBCRSS

JP Morgan’s Quorum blockchain powers new correspondent banking network

JP Morgan

JP Morgan, and Royal Bank of Canada (RBC) and Australia and New Zealand Banking Group (ANZ), have launched the Interbank Information Network (IIN) – using blockchain for the payments process. According to JP Morgan, processing global payments is very complex. Multiple layers of communication occur amongst payment participants to verify and process transactions. By using […]

Sibos 2017 opening plenary: data is the new battleground

Dave McKay, RBC

Welcome to Sibos 2017 in Toronto – bringing together 8,000+ delegates from 150 countries. And this year we have a new (or the vintage new?) theme: data. Not the “big data” though (that everyone was talking about a few Sibos conferences ago), but just data.

Wave brings business services to RBC’s online banking platform

O Canada indeed!

Wave – a business financial management (BFM) solutions provider from Toronto – has signed a deal that will integrate its invoicing, accounting, and business financial insights technology into Royal Bank of Canada’s online banking platform.

Big banks back Canada’s $150m digital ID system

Fully digital mortgage now a reality in Canada

Canada’s big banks have joined the charge for a CA$185 million ($150 million) digital identity supercluster bid that plans to solve the identification challenges of the digital economy. According to IT World Canada, Royal Bank of Canada (RBC), Bank of Montreal, Scotiabank, CIBC, TD Bank and National Bank of Canada – are on board, along […]

Royal Bank of Canada pilots AI-powered finance guide

rbc logo

Royal Bank of Canada (RBC), with the help of Personetics Cognitive Banking’s applications, will deliver two new services this autumn that provide AI-powered financial guidance and an automated savings programme through the bank’s mobile app. The development follows on from last month, when RBC unveiled these two digital services – called NOMI Insights and NOMI […]

Artificial intelligence round-up: 31 August 2017

Neon brain. Cpu. Circuit board. Abstract technology background. Vector illustration. Eps 10

Where’s the humanity? Well, not here as this is an artificial intelligence (AI) round-up. Features Royal Bank of Canada, Emirates NBD, and the ten greatest threats to mankind. Royal Bank of Canada (RBC) has announced a pilot launch of two digital services based on AI that offer insights about client’s financials and an automated savings […]

RBC’s video MyAdvisor makes banking clients wiser

rbc logo

Royal Bank of Canada (RBC) has launched a live video service to let its clients connect in real time with its advisors. Called MyAdvisor, it uses an online advice platform to digitally connect a client to an advisor, where both can view and adjust a dashboard showing the client’s savings and investment goals and establish […]

Biometric alternatives to the fore at Money20/20

ECG

Biometric identity verification mechanisms were prominent among the raft of new product announcements at the Money20/20 event in Las Vegas, which opened this week.

If you’re not ready, the regulators will get you

PJ: if you're not ready for regulatory change, you may be stuck behind the curve

The complexity of regulatory reforms in Europe and the US are placing pressure on the industry and may catch some participants unawares.

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techno