Royal Bank of Canada

RBC Acquires Mortgage Tech Firm Pinch to Expand Digital Home Lending Capabilities
Fintech & Ecommerce

RBC Acquires Mortgage Tech Firm Pinch to Expand Digital Home Lending Capabilities

Royal Bank of Canada (RBC) has acquired Toronto-based mortgage technology provider Pinch Financial in a move aimed at strengthening the bank’s digital mortgage capabilities and simplifying the home-buying process for Canadian borrowers. Financial terms of the deal were not disclosed.

Royal Bank of Canada Gets Nod for Purchase of HSBC Unit
Finance & Economics

Royal Bank of Canada Gets Nod for Purchase of HSBC Unit

Canada at the end of last week approved the implementation of a deal to acquire the internal unit of HSBC by Royal Bank of Canada (RBC) for $10.2 billion.

Swift to Develop CBDC Connector
Blockchain & Crypto

Swift to Develop CBDC Connector

After sandbox testing, Swift is preparing to develop a beta version of the new way to connect central bank digital currencies (CBDC) with existing fiat infrastructures