In today’s FinTech news, GoTo’s public offering in Indonesia is moving forward, while Khanza’s funding will help Egypt’s underbanked population. Plus, TD Auto Finance offers car dealers real-time payments throughout the day. GoTo Wins Approval for $1.1B IPO GoTo Group is approved by the Financial...
The Royal Bank of Canada (RBC) has agreed to buy London-based Brewin Dolphin for $2.6 billion in Canadian dollars, (1.6 billion pounds or $2 billion), the Toronto lender announced Thursday (March 31). Brewin Dolphin, one of the largest British wealth management firms, had nearly three...
The surge in pandemic-related fraud has increased consumers’ data safety concerns, with 23 million Americans who now believe that fraudsters have used their identities to create false accounts. In the inaugural Digital Onboarding Tracker, Rami Thabet, vice president of digital products at Royal Bank of...
In today’s top news, PayPal’s earnings exceeded expectations as the firm sets its eyes on building a super app, and Chime has to drop the term “bank,” per a settlement agreement with a California regulator. Plus, the Federal Reserve Board is looking to add guidelines...
August 24, 2020
Businesses and consumers alike are increasingly tapping new digital offerings for their financial needs as the ongoing COVID-19 pandemic shifts banking practices. Financial institutions (FIs) worldwide are searching for solutions that can help them swiftly support customers, but this means many are becoming more aware of their legacy systems’ inadequacies. Moving to cloud-supported infrastructure is […]
April 20, 2020
Financial institutions (FIs) are familiar with the challenges of pairing customer satisfaction with security, a balancing act that becomes crucial when onboarding customers. Maintaining digital onboarding experiences that allow customers...
April 20, 2020
The COVID-19 pandemic is changing daily routines for consumers around the world, leading companies of all kinds to navigate how to reach them remotely as they follow stay-at-home orders. This...
January 22, 2018
The mobile devices in consumers’ pockets are getting smarter, and consumers are increasingly using those intelligent capabilities to manage their money. Now, banks are turning to use artificial intelligence (AI) to...
November 14, 2022
Aiming to meet the evolving needs of consumers and merchants, the Royal Bank of Canada (RBC) has become the latest issuer to add installment plans enabled by Visa. With Installments Enabled by Visa, which was launched by Visa in Canada last year, eligible RBC personal credit cardholders who are shopping at participating merchants will be […]
March 31, 2022
The Royal Bank of Canada (RBC) has agreed to buy London-based Brewin Dolphin for $2.6 billion in Canadian dollars, (1.6 billion pounds or $2 billion), the Toronto lender announced Thursday...
December 06, 2019
Royal Bank of Canada (RBC) Capital said there’s an overlooked part of Amazon’s ecosphere of services that’s being casually overlooked but will be extremely profitable for the company in the...
December 19, 2018
Over the course of years, Facebook reportedly enabled some of the world’s biggest tech companies to access the personal data of users — which amounted to the social media giant...
