RBC Nomi “ 1.47 million unique users of NOMI tools in June 2021. Since 2017, NOMI Find & Save has helped clients find and save over C$1.5bn in total. Since 2017, clients have read about 1.7 billion insights through NOMI Insights. Since 2019, over 1.1 million clients have set a budget with NOMI Budgets. Since…
Tag: RBC
How banks in Canada tap into AI to boost customers’ banking experience
RBC Nomi “ 1.47 million unique users of NOMI tools in June 2021. Since 2017, NOMI Find & Save has helped clients find and save over C$1.5bn in total. Since 2017, clients have read about 1.7 billion insights through NOMI Insights. Since 2019, over 1.1 million clients have set a budget with NOMI Budgets. Since…
How RBC’s AI-Powered Digital Assistant Doubled Mobile Engagement
“Royal Bank of Canada, second-largest bank in Canada by assets (C$1.62 trillion ), has been building its competence in this area for several years, using advanced technology. Results suggest the investment is paying off. Not only are the number of users increasing, but they’re spending more time using features of the bank’s popular virtual assistant,…
Blockchain, AI, Internet of Things Will Change Banking, RBC CEO Says
“Royal Bank of Canada Chief Executive Officer Dave McKay said he sees blockchain maturation, the spread of artificial intelligence and the so-called internet of things as three big technological developments that will change banking in coming years. Blockchain and digital coins aren’t fully mature yet, but they will continue to evolve, McKay said during a…
How banks are harnessing artificial intelligence
“Since 2016, Royal Bank of Canada (RBC) has focused on AI through its dedicated research division called Borealis AI. In October 2020, Borealis AI and RBC announced the launch of Aiden, an AI-driven electronic trading platform for institutional investors. ‘For every trade [Aiden] makes, it also justifies why it just did that,’ Agrafioti said. ‘And…