RBC To Spend More Than $3B On Advanced Technology

More from: | PYMNTS |
0

Royal Bank of Canada (RBC) is gearing up to spend $3.2 billion on technology with a focus on artificial intelligence, digital products and social media.

According to a report in BNN Bloomberg, RBC said it will invest in the technology with a goal of attracting more than 2.5 million new Canadian banking customers by 2023. RBC made the comments during an investor meeting in Toronto on Thursday (June 14). One of the goals of the Canadian bank is

(...)

Read full article » https://www.pymnts.com/news/artificial-intelligence/2018/rbc-digital-banking-technology-investments-ai/


About | PYMNTS |

PYMNTS.com is reinventing the way in which companies share relevant information about the initiatives that shape the future of payments and commerce and make news. This powerful B2B platform is the #1 site for the payments industry by traffic and the premier source of information about “What’s Next” in payments and commerce. C-suite executives, company founders, and investors turn to it daily for these insights, making the PYMNTS.com audience the most valuable in the industry. It provides an interactive platform for companies to demonstrate thought leadership, popularize products and, most importantly, capture the mindshare of global decision-makers. It’s where the best minds and best content meet on the web. Innovations in payments and commerce have become highly intertwined. PYMNTS covers every aspect from retail reinvention to the Internet of Things.

»Twitter: @pymnts »Facebook: @pymnts