Three big banks maintained position in 2025, holding the podium for the third straight year in the Evident AI Index. [Read more…] about The Royal Bank of Canada is Pulling Away from Peers in AI Adoption, Global Index Reveals
RBC
RBC Warns That AI Tech is Giving Rise to ‘Increasingly Sophisticated Threats’
Canada’s largest financial institution is warning citizens that, while artificial intelligence tools are useful for productivity, there is a dark side to the technology.
The Royal Bank of Canadas this week noted that AI tech “has also become a weapon for cyber criminals who are targeting Canadians’ personal data with increasingly sophisticated threats.” [Read more…] about RBC Warns That AI Tech is Giving Rise to ‘Increasingly Sophisticated Threats’
RBC and BMO Reportedly Seeking to Sell Payments Giant Moneris for $2B
Moneris may be for sale with an approximate $2 billion price tag, a report this week alleges. [Read more…] about RBC and BMO Reportedly Seeking to Sell Payments Giant Moneris for $2B
RBC Invests in d1g1t as Wealth Management Arm Equips Toronto Fintech’s Digital Toolkit
The Royal Bank of Canada is investing in d1g1t, a Toronto-based financial technology firm.
Founded in 2016 by Dan Rosen and Philippe Rouanet and Benoit Fleury, d1g1t’s flagship Enterprise Wealth Management Platform is designed to transform the patchwork of legacy systems with integrated software that drives scale and operational efficiencies across the organization. [Read more…] about RBC Invests in d1g1t as Wealth Management Arm Equips Toronto Fintech’s Digital Toolkit
TD, RBC Lead as Banking Dominates Canada’s Top Brands
TD Bank has once again been named Canada’s most valuable brand, topping the Brand Finance Canada 100 report for the third straight year—even as its brand value dipped 10% to $23.4 billion. [Read more…] about TD, RBC Lead as Banking Dominates Canada’s Top Brands
Finance Sector Dominates List of Top Firms for Career Growth in Canada
LinkedIn this week revealed its latest Top Companies list for Canada.
The online networking platform’s annual ranking spotlights 25 workplaces across the country that are hiring and investing in employees for long-term career growth. [Read more…] about Finance Sector Dominates List of Top Firms for Career Growth in Canada
RBC Responds to ‘Rapid Increase in Adoption’ of Digital Banking with Launch of Mobile Mortgages
When financial technology startups began cropping up a couple of decades ago, these branch-less entities were considered alien to a conservative Canadian community of physical banking clients. [Read more…] about RBC Responds to ‘Rapid Increase in Adoption’ of Digital Banking with Launch of Mobile Mortgages
RBC Taps Carbonhound to Help Businesses in Canada Measure and Manage Emissions
The Royal Bank of Canada this week unveiled a partnership with Toronto’s Carbonhound, an automated greenhouse gas emissions reporting platform. [Read more…] about RBC Taps Carbonhound to Help Businesses in Canada Measure and Manage Emissions
Prevalent ‘Screen Scraping’ in Canadian Fintech a Symptom of Open Banking Void
Half of Canada’s major banking institutions provide features that use “screen scraping,” a widely scrutinized practice, a new report has found. [Read more…] about Prevalent ‘Screen Scraping’ in Canadian Fintech a Symptom of Open Banking Void
FinOps Market Map: Visualizing Canada’s Financial Operations Companies
The fintechs in this market map are companies that power the CFO’s office. They allow businesses to issue invoices, process payments, manage expenses & run payroll. These are behind the scenes tools that quite literally allow businesses to send & receive money. [Read more…] about FinOps Market Map: Visualizing Canada’s Financial Operations Companies