Younger Canadians are eager to tap into the potential of Artificial Intelligence to manage and optimize finances, recent research from the Royal Bank of Canada shows. [Read more…] about Demographics Divide Enthusiasm for AI in Fintech as Skepticism Lingers
RBC and METRO have announced a new loyalty partnership starting with the launch of the no annual fee moi RBC Visa credit card, enabling consumers to receive exclusive value at participating METRO locations. [Read more…] about RBC Partners With METRO’s Moi Rewards Program
RBC’s AI-powered tool, NOMI Forecast, has been recognized for “Best Use of AI for Customer Experience” at the 2023 Digital CX Awards hosted by The Digital Banker. [Read more…] about RBC Wins Best Use of AI for Customer Experience for NOMI Forecast
RBC, Canada’s largest bank, has teamed up with Winnipeg’s Conquest Planning, a fintech platform revolutionizing financial planning by offering personalized and user-friendly advice through advanced digital tools and financial planning services to Canadians. [Read more…] about RBC and Conquest Bring Next-gen Financial Planning Platform to Clients and Advisors
When we consider the technological transformation of the financial industry, it shares many parallels with other broad sectors facing similar digital disruption: lean startups sparking fires under stodgy incumbents; innovation altering markets in both predictable and unpredictable ways; everything-as-a-service. [Read more…] about How Artificial Intelligence Fuels Fintech in Canada
The Royal Bank of Canada has reimagined its rewards program.
RBC Rewards is now Avion Rewards, and the Canadian bank says its next-generation loyalty program marks a “transformation.” [Read more…] about RBC Improves E-Commerce Experience with Reimagined Rewards Program
The past several years have been good to the global startup economy.
Following the last major recession in North America, venture capital ramped up through the 2010s. While the pandemic caused an abrupt halt, the momentum was not dispersed; it lingered at the door until the floodgates opened once again, and as a result 2021 set many records for startup financing in Canada. [Read more…] about Five Canadian Fintech Firms Still Hiring in Rough Seas
This week, CIBC, TD, and RBC reported a 100% increase of profit for Q1 of 2021 compared to the same period last year, while BMO has almost doubled their profit.
Currently, 53% of Canadians live paycheque to paycheque. [Read more…] about KOHO Launches Initiative To Help Canadians Fight Bank Fee Increases
Financeit has entered into a new strategic consumer lending agreement with the Royal Bank of Canada (RBC) to solidify its position as Canada’s leading point-of-sale financing provider. [Read more…] about Buy-now-pay-later Leader Financeit Strikes $500 Millon Partnership With RBC
Creating and sticking to a budget is key to financial success, but it can also result in feelings of stress and anxiety for many Canadians. [Read more…] about RBC Launches AI-powered Budgeting App