Royal Bank of Canada
News stories featuring Royal Bank of Canada:
May 10th, 2016
Canadian consumers can now add their MasterCard and Visa credit cards as well as their Interac debit cards to Apple Pay after the mobile payments service launched in the country with support from American Express alone in November 2015. Five banks have also announced their support for Apple Pay, including two of the country’s largest — Royal Bank of Canada and BMO Financial Group.
October 30th, 2015
The Royal Bank of Canada (RBC) has trebled its mobile wallet user base since moving from a SIM-based model to host card emulation (HCE) six weeks ago, the bank’s head of payments innovation has told…
September 14th, 2015
The Royal Bank of Canada (RBC) has become the first financial institution in North America to go live with a host card emulation (HCE) mobile payment service following a pilot in December 2014. “We’ve now…
September 2nd, 2015
Royal Bank of Canada (RBC) has been awarded a patent for its Secure Cloud mobile payments platform by the United States Patent and Trademark Office, covering the use of secure tokens by the bank’s clients to facilitate payments from mobile devices. RBC introduced the Secure Cloud technology in January 2014 and added host card emulation (HCE) support in December last year.
August 13th, 2015
More than 100 TD Bank customers in Toronto, Canada are to begin piloting an NFC version of Nymi, a biometrically authenticated wristband that uses the wearer’s unique cardiac rhythm to verify their identity. RBC Royal…
August 11th, 2015
The Canadian Bankers Association (CBA) has published a mobile payments white paper intended to “encourage the introduction and adoption of new and innovative mobile payments products and services in Canada without compromising the integrity of the Canadian payments infrastructure”. The Payments Security White Paper was developed by BMO Bank of Montreal, CIBC, National Bank of Canada, RBC Royal Bank, Scotiabank and TD Bank Group.
June 2nd, 2015
Royal Bank of Canada (RBC) has developed an app for the Android M Developer Preview that will be used as part of the bank’s RBC Wallet service to let users authenticate themselves using their fingerprint for…
May 14th, 2015
MTS and SaskTel have become the latest Canadian mobile network operators to launch NFC mobile payment services using EnStream, the joint venture between Bell Mobility, Telus and Rogers Communications put in place to act as…
December 19th, 2014
Royal Bank of Canada (RBC) has added support for host card emulation (HCE) to its RBC mobile app, “allowing Canadians to pay with most Android mobile phones without worrying about being on the right mobile…
November 3rd, 2014
Royal Bank of Canada (RBC), MasterCard and other Canadian issuing banks have begun pilot testing an NFC version of Nymi, a biometrically authenticated wristband that uses the wearer’s unique cardiac rhythm to verify their identity.
October 6th, 2014
Royal Bank of Canada’s cloud-based NFC wallet is now available to Virgin Mobile subscribers and to customers with a BlackBerry Z10 or Z30 mobile phone, the bank has announced. RBC Wallet is also now available…
June 12th, 2014
Enstream, the NFC platform provider set up by Canadian carriers Bell, Rogers and Telus, has selected BlackBerry to provide it with a secure platform that financial institutions will be able to use to provision payment…
May 6th, 2014
The Royal Bank of Canada has expanded the functionality and availability of its cloud-based RBC Wallet. The service now runs on four additional NFC devices — the Samsung Galaxy Note 3, LG G2, Sony Xperia Z1 and HTC One M7 — and customers can use the NFC wallet to make payments with their MasterCard credit card in addition to the existing Interac debit and Visa payment options.
January 21st, 2014
Royal Bank of Canada has introduced an NFC mobile payments service that stores customers’ card details in the cloud. The new RBC Wallet is available to customers with a Samsung Galaxy S III or Samsung…
July 24th, 2013
Canadian bank RBC is to introduce an NFC mobile payments service that stores customers’ card details in the cloud. RBC Secure Cloud will launch later this year and will be delivered “through partnerships with mobile…
May 13th, 2013
Canadian bank RBC and mobile network operator Bell have announced plans to jointly introduce an NFC payments service. The new deal will give RBC customers, with an NFC phone supplied by Bell, the ability to store their…
March 28th, 2013
RBC Royal Bank and Scotiabank both plan to make the new mobile payments service available to their customers later this year — and RBC has announced it will now make all Interac Flash contactless payments available free of charge to its account holders.
October 24th, 2012
Royal Bank of Canada is preparing to launch a mobile wallet service “within the next month”, the bank’s Dave McKay has told Reuters. “We’re almost there; it’s close,” McKay explained. “It’s going to be out…
Canadian banks issue landmark NFC payments guidelines that focus on open mobile wallets and consumer data protection
May 14th, 2012
The Canadian banking and credit union industry’s Mobile Payments Reference Model provides a detailed blueprint for how NFC mobile payments can be offered in Canada, how open mobile wallets will be and how consumer privacy will be assured.
May 23rd, 2011
Fourteen US and Canadian banks have signed up for the launch later this year of a multi-platform digital wallet that can be used for e-commerce, m-commerce and mobile contactless transactions and includes mobile payment, NFC and coupon capabilities.
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