Financial institutions are on high alert going into 2026 as fraudsters continue to tap AI for their schemes. In fact, 67% of financial institution leaders agree that fraud events are increasing, driven by bad actors’…
Read more Fighting AI-driven fraud in the new yearRoyal Bank of Canada is developing tools by combining new and old tech to fight scams powered by gen AI. The bank is blending AI and gen AI tech to fight fraud, Geoffrey Morton, senior director of fraud strategy…
Read more RBC adds gen AI to ‘fraud-fighting toolbox’Royal Bank of Canada is seeing increased efficiency and output through continued investment and deployment of AI. The $1.1 trillion bank launched RBC Assist for 30,000 employees in this year, Geoffrey Morton, senior director…
Read more RBC to generate up to $1B in enterprise value through AIAccording to a recent survey by Léger, Moi is currently the “most widely used loyalty program in Quebec.” In Ontario, however, it will face heavier competition from the…
Read more Moi rewards review – MoneySenseThe bank said Thursday it will now pay a quarterly dividend of $1.42 per share, an increase of four cents. It also said it plans to buy back…
Read more RBC earnings: A look at the bank’s Q2 financials – MoneySenseRoyal Bank of Canada is on target to fully integrate HSBC Canada into its operations within the next two years. The $1.4 trillion bank expects to save CA$740…
Read more RBC to save $541M with HSBC integration|Bank Automation NewsNavy Federal Credit Union selected SaaS core modernization provider Zafin to update its core and move away from its legacy mainframe. “We selected Zafin to help us as…
Read more Navy Fed selects Zafin for core modernization | Bank Automation NewsRBC spokesperson Christine Stewart said in an email that the bank will begin converting HSBC branches and offices on March 28, the same day its $13.5-billion takeover deal…
Read more RBC to convert HSBC locations as soon as takeover closes next week – MoneySenseCanadian banks leaned into technology spend during the most recent quarter as efficiency and innovation remained a priority. “Transformational level use of technology, creating capacity and business velocity,”…
Read more Canadian banks focus on tech, efficiency, innovation | Bank Automation NewsRoyal Bank of Canada’s deal to acquire HSBC Canada for $10 billion, announced in November, is expected to close on March 28. The bank announced last quarter that…
Read more Canadian transactions: RBC acquisition of HSBC Canada set to close March 28 | Bank Automation News17. 2011: Google released Google Wallet in the U.S., three years before Apple Pay even popped up on our iPhones. Over the next decade, Google tested many versions…
Read more Top financial innovations of the last 25 years – MoneySenseAlthough the transition will be largely managed internally by RBC, current HSBC customers might have questions about what’s coming up in the next two months. In this article,…
Read more RBC’s takeover of HSBC: What will happen to HSBC Canada customers? – MoneySenseWhy trust us MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts…
Read more The best RBC credit cards in Canada for 2024 – MoneySenseRoyal Bank of Canada is set to close its CA$13.5 billion ($10 billion) all-cash acquisition of HSBC Canada in the first quarter of next year as the bank…
Read more RBC to acquire HSBC Canada for $10B | Bank Automation NewsCanadian banks increased non-interest expenses in the third quarter as investment in technology and personnel drove up costs. The $1.4 trillion Royal Bank of Canada (RBC) increased its…
Read more Canadian earnings roundup| Bank Automation NewsRoyal Bank of Canada’s discretionary and tech-related expenses increased by 22% for the second consecutive quarter as the bank looks to continue improving its digital offerings to customers…
Read more RBC looks to improve CX; Q2 spending up 22% | Bank Automation NewsRoyal Bank of Canada’s (RBC) discretionary and tech-related expenses jumped 22% year over year to $190 million during the first quarter as the bank focused on improving its…
Read more Tech expenses up 22% YoY at RBC | Bank Automation NewsRBC Bearings Incorporated (NYSE:RBC – Get Rating) has been assigned an average rating of “Hold” from the ten ratings firms that are presently covering the firm, Marketbeat reports.…
Read more RBC Bearings Incorporated (NYSE:RBC) Given Consensus Recommendation of “Hold” by BrokeragesCanadian banks upped their technology spend and talent acquisition efforts in the fiscal fourth quarter amid increasing digital adoption. The $1.4 trillion TD Bank increased its tech spend…
Read more Earnings roundup: Canadian banks continue tech, talent focus | Bank Automation NewsRoyal Bank of Canada’s (RBC) fourth-quarter expenses were up year over year, driven by its focus on digitalization and growth in digital usership. WHY IT MATTERS: The $1.4…
Read more RBC increases tech investment in Q4 | Bank Automation News
