Royal Bank of Canada’s (RBC) discretionary and tech-related expenses jumped 22% year over year to $190 million during the first quarter as the bank focused on improving its technology and infrastructure “in support of business growth and product innovation,” according to its earnings presentation Wednesday. WHY IT MATTERS: The $1.4 trillion bank is upgrading its […]
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://bankautomationnews.com/allposts/retail/tech-expenses-up-22-yoy-at-rbc/
More from Bankinnovation
Checkout.com will eliminate about 5% of employees in latest cuts
Source Node: 1662846
Time Stamp: Sep 13, 2022
Transactions: Visa, Tarabut Gateway to develop open-banking solutions
Source Node: 1834443
Time Stamp: May 10, 2023
Buy-now-pay-later demand climbs among squeezed UK pensioners
Source Node: 1788498
Time Stamp: Jan 17, 2023
U.S. Bank focuses on APIs, automations to streamline workflows
Source Node: 1671295
Time Stamp: Sep 20, 2022
