RBC’s US subsidiary City National Bank hit with $65m fine from OCC
The OCC says the fine relates to “systemic deficiencies” in the bank’s risk management and internal controls.
The OCC says the fine relates to “systemic deficiencies” in the bank’s risk management and internal controls.
FINTRAC says it uncovered three administrative violations by RBC during an examination last year.
Over the past five years, RBC has been transforming its five business lines to ensure digital relevance.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The data access agreement will remove the need for credential sharing, enhancing security and privacy.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The deal is subject to shareholder and regulatory approval and is expected to be completed by Q3 2022.
The Toronto firm targets freelancers and entrepreneurs.
It tracks and budgets expenses in five areas.
It will launch in May 2019 in San Diego.
There is a focus on reducing operational costs through tech investment.
Royal Bank of Canada is moving with the times with a series of useful innovations and launches.
Royal Bank of Canada is initially offering five API packages.
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 […]
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 – 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.
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 […]