Royal Bank of Canada

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

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