Rbc insight
Author: w | 2025-04-24
Through RBC Insight, our clients have access to the timely, strategic advice of our analysts, strategists and economists, expressed through actionable recommendations, daily commentaries and thematic publications. Access to RBC Insight is available only to institutional and corporate clients of RBC Capital Markets. RBC Insight is also RBC InsightEdge Giveyourretailbusinessanedge withaccesstoinsightsthat accelerategrowthanddrive better-informeddecisions. RBC Insight Edge delivers insights to retail business clients. It is comprised of aggregated RBC credit card and debit card transactional data, enhanced with demographic data. Having access to insights
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Venture between RBC and BMO, is a Canadian payment solution provider with over two decades of experience, supporting over 325,000 merchant locations across Canada. It offers a broad array of e-commerce services and payment solutions designed to meet the diverse needs of businesses.Features and services provided by Moneris include:Collaboration with Wix: Moneris partnered with Wix to enable businesses to build customized online stores, leveraging one of the leading website building platforms.Next-Day Payments: Moneris facilitates next-day access to funds for RBC merchants, enhancing the cash flow process without additional costs. Support Network: Offers continuous access to support and advice, providing businesses with the necessary guidance for their payment systems.Moneris positions itself as a leader in the Canadian payments industry by ensuring businesses can efficiently accept payments in various contexts while receiving reliable support.RBC Insight EdgeRBC Insight Edge is a sophisticated analytical dashboard that equips business owners with comprehensive data insights, enabling them to make well-informed business decisions. Utilizing anonymized transactions from credit and debit cards, alongside demographic and geographic data, the tool provides a real-time overview of consumer behaviors and market trends through a user-friendly interface.Core Functionalities:Business Benchmarking: Allows businesses to analyze current market trends and their position relative to competitors, identifying strengths and areas for improvement.Customer Insights: Delivers detailed analyses of customer spending patterns, aiding in the refinement of sales and marketing strategies.Market Exploration: Facilitates the investigation of various neighborhoods nationwide, offering insights into their commercial activity and consumer spending habits.Strategic Growth Support: Simplifies the process of gathering pertinent information for strategic planning, aiding in the identification of growth and investment opportunities.Data Privacy and Protection: RBC Insight Edge emphasizes privacy and security, processing only non-identifiable, aggregated data.Targeted at retail and consumer services sectors, RBC Insight Edge for Small Business translates anonymized transaction data into actionable insights, presenting:Shopping Behavior Tracking: Offers real-time data on consumer shopping patterns across Canada.Operational Optimization: Provides data on peak business hours to assist in planning store operations and staffing.Competitive Benchmarking: Supplies real-time data for neighborhood-specific purchasing trends, helping businesses understand their market position.Customer Demographics: Includes detailed demographic profiles, such as income, population density, and spending habits,
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To enhance customer targeting.Real Estate Decision Support: Shares growth patterns and demographic data for neighborhoods, including information on major malls, to inform real estate decisions.In essence, RBC Insight Edge for Small Business is designed as an analytical tool to aid SMBs/ SMEs, ensuring that strategic decisions are data-driven and informed by current consumer and market trends.RBC Global TradeRBC Global Trade™ provides an online platform designed to facilitate the management of trade-related transactions for businesses. This service enables the issuance, reception, and administration of letters of credit, documentary collections, and guarantees through a web-based interface that is accessible from any location at any time.Core functionalities of RBC Global Trade include:Transaction Management: Users can handle letters of credit, guarantees, and documentary collections online, submitting requests and applications as needed.Online Document Access: The platform offers access to images of trade documents, simplifying document management and review processes.Reporting and Insights: It provides tools for accessing and customizing reports, allowing businesses to generate insights based on their trade activities.User Access Control: Businesses can mitigate risks and manage user permissions by establishing daily or transactional limits.Integration with RBC Express®: Users of RBC Express® can access RBC Global Trade directly through a single sign-on, enhancing the user experience.Operational Improvements:Resource Optimization: The platform aims to reduce the time and resources typically required for the manual creation and management of trade documents.Template Usage: Users can set up and utilize templates for various trade instruments, ensuring compliance with specific letter of credit requirements.SWIFT Compatibility: Letters of credit issued through RBC Global Trade are prepared to be SWIFT-ready when processed by RBC Trade Operations.RBC Global ConnectRBC Global Connect is an online platform offering free access to a range of resources aimed at facilitating international trade for businesses. This digital tool provides insights into market profiles, global economic trends, and practical tools to assist businesses in expanding their operations overseas. Additionally, the platform includes access to the RBC Trade Club, which serves as a networking hub, connecting businesses worldwide.Key Features of RBC Global Connect:Market Insights: Users can access detailed profiles of various countries and stay updated on global economic trends to makeRBC Generative AI Update - RBC Insight
Deposit, a monthly pre-authorized payment, or a bill payment made at minimum once per month. Conditions apply. For complete details, please see the Value Program Terms & Conditions. --> By enrolling an eligible RBC personal bank account into the RBC Value Program, holding eligible additional RBC products (“Product Categories”, as more particularly described below), and completing certain activities from your enrolled account each month (as more particularly described below), you may be entitled to receive a partial or full rebate of your enrolled account’s standard Monthly Fee. Eligible Product Categories include RBC personal credit cards, personal investments, residential mortgages, and linked small business relationships. Multiple products in a single Product Category will be considered one Product Category. In addition to having eligible Product Categories, you must also perform any two (2) or more of the following specified account activities in the previous calendar month to or from your enrolled account: a monthly direct deposit, a monthly pre-authorized payment, or an eligible bill payment made at minimum once per month. An eligible bill payment means a bill payment completed through either RBC Online Banking, the RBC Mobile app, using an RBC ATM, or using Telephone Banking Services, and excludes any bill payment made: (i) in-person at an RBC Royal Bank branch with an RBC Advisor, (ii) to an RBC credit card account, or (iii) using an RBC Virtual Visa Debit® associated with your Enrolled Account. Conditions apply. For complete details, please see the Value Program Terms & Conditions. Legal Bug 17) RBC Advantage Banking for students allows eligible full-time students to receive a full waiver of the standard Monthly Fee applicable to our RBC Advantage Banking account. Please refer to the section labelled “Rebates and Discounts: RBC Advantage Banking for students” in the document entitled “Addendum to April 30, 2020 Personal Deposit Accounts Disclosures and Agreements”, which provides information specific to the RBC Advantage Banking account to supplement the information provided in the Personal Deposit Accounts Disclosures and Agreements document. --> RBC Advantage Banking for students allows eligible full-time students to receive a full waiver of the standard Monthly Fee applicable to our RBC Advantage Banking account. Please refer to the section labelled “Rebates, Fee Waivers and Discounts: RBC Advantage Banking for students” in the document entitled “Personal Deposit Accounts (PDA) Disclosures and Agreements”, which provides information specific to the RBC Advantage Banking account to supplement the information provided in the. Through RBC Insight, our clients have access to the timely, strategic advice of our analysts, strategists and economists, expressed through actionable recommendations, daily commentaries and thematic publications. Access to RBC Insight is available only to institutional and corporate clients of RBC Capital Markets. RBC Insight is also RBC InsightEdge Giveyourretailbusinessanedge withaccesstoinsightsthat accelerategrowthanddrive better-informeddecisions. RBC Insight Edge delivers insights to retail business clients. It is comprised of aggregated RBC credit card and debit card transactional data, enhanced with demographic data. Having access to insightsHelp RBC Insight - RBC Direct Investing
Supportive ecosystem that grows with businesses. This includes:offering digital tools for account management.tailored financing solutions.efficient payment processing systems.data-driven insights to help SMBs/ SMEs make informed decisions.As SMBs/ SMEs are increasingly involved in global markets, their banking needs have become more complex, requiring solutions that can scale and adapt to international transactions and multi-currency operations.RBC's Digital Transformation JourneyThe Royal Bank of Canada (RBC) has embarked on a comprehensive digital transformation journey, positioning itself as a leader in the evolution of banking for small and medium-sized businesses/ enterprises (SMBs/ SMEs). Early Initiatives and Strategic VisionRBC's journey began with a clear strategic vision to harness the power of digital technology to meet the changing needs of its customers. Recognizing the potential of digital tools to enhance customer service, improve operational efficiency, and create new value propositions, RBC invested significantly in its technology infrastructure. This included upgrading core systems, enhancing cybersecurity measures, and adopting cloud technologies to ensure scalability and flexibility in its digital offerings.Launch of Digital Products for SMBs/ SMEsRBC's digital transformation for SMBs/ SMEs is showcased through products like NOMI, PayEdge, Cheque Pro, and Insight Edge, designed to meet their unique needs with features like predictive insights and efficient payment processing. Having a history of being a banking technology disruptor, RBC never stopped delivering new solutions for their client’s specific needs, and their digital centric approach represented an advantage during the 2020’s pandemic when they managed to onboard 400,000 new digital customers.Some of the solutions offered by RBC for SMBs/ SMEs and individuals are: RBC Mobile Banking – a mobile banking application available on iOS and Android, featuring NOMI, an innovative account dashboard with AI capabilities.RBC Express - premium online banking tool.PayEdge – accounts payable platform that automates payments to suppliers by integrating with your accounting system. PayPlan – a pay-over-time solution.Moneris – payment processor and POS. Ownr – automated legal tools.RBC Insights Edge – make more informed decision about business, clients and markets.RBC Global Trade - online platform that is used to issue, receive and manage trade transactions, including letters of credit, documentary collections and guarantees. RBC Global Connect – Free,Insight Edge - RBC Royal Bank
The Royal Bank of Canada (RBC) stands at the forefront of the global banking industry, consistently focusing on expanding its product offerings through a variety of cutting-edge software solutions. RBC has successfully launched several applications and tools designed to meet the diverse needs of its clientele. Among these, RBC Mobile Banking with NOMI, a sophisticated AI-powered analytical tool— which stands out for its intuitive design and personalized banking experience. For small and medium-sized businesses/ enterprises (SMBs/ SMEs), RBC has introduced a suite of powerful tools including PayEdge, Cheque Pro, and Insight Edge, each aimed at providing SMB/ SME clients with an efficient and robust tech stack to streamline their day-to-day operations.RBC's commitment to leveraging technology is revolutionizing the way SMB/ SME banking is conducted. By offering innovative digital products, RBC simplifies financial management and empowers businesses to focus on growth and development.The Need for Innovation in SMB/ SME BankingSmall and Medium-sized Businesses/ Enterprises (SMBs/ SMEs) form the backbone of the global economy, driving innovation, creating employment, and fostering economic growth. However, despite their critical role, these businesses often face significant hurdles within the traditional banking framework. Challenges such as: limited access to financial resources.a one-size-fits-all approach to banking services. managing finances in a rapidly changing economic environment. The traditional banking model, characterized by its reliance on physical branches, paper-based processes, and a general lack of customization, has frequently been unable to meet the specific needs of SMBs/ SMEs. Businesses require flexible, scalable, and personalized banking solutions that can adapt to their unique demands. They need financial services that are not just transactions but partnerships that can help them navigate the complexities of modern business landscapes.Moreover, the digital revolution has shifted expectations across all sectors, with SMBs/ SMEs increasingly demanding banking services that are accessible, intuitive, and seamlessly integrated into their daily operations. The rise of fintech startups has further highlighted the gaps in traditional banking services, proving that digital-first solutions can offer more efficiency, better user experiences, and greater value to SMBs/ SMEs.Innovation in SMB/ SME banking is not just about digitizing existing services but reimagining banking as a holistic,RBC Insight Research on the App Store
Bonus.Legal Disclaimer52To participate in this offer, you must have an RBC debit or credit card which is issued by Royal Bank of Canada (excluding RBC commercial credit cards) (“Eligible RBC Card”). You must be enrolled in RBC Online Banking in order to link your Eligible RBC Card to your Petro-Points card. Card linking may take up to 2 business days to process before savings and bonus points can be applied to purchases. Each time you use your linked Eligible RBC Card to purchase any grade of gasoline, including diesel, at a retail Petro-Canada location, you will save three cents ($0.03) per litre at the time of the transaction.Legal Disclaimer53Petro-Canada and Petro-Points are trademarks of Suncor Energy Inc. Used under licence. All other trademarks are the property of their respective owner(s).Legal Disclaimer54The annual contribution limit is $5,500. This limit will rise along with inflation in future years, in $500 increments. In addition, you can carry forward unused contribution room indefinitely. Previous contribution limits were $5,500 for 2016 and 2017, $10,000 for 2015, $5,500 for 2013 and 2014, and $5,000 for the years 2009 to 2012. Your TFSA contribution limit is tracked by the Canada Revenue Agency (CRA); if you are unsure of your limit, please check with the CRA.Legal Disclaimer57To participate in this offer as an RBC business client, you must have an RBC client card or credit card issued by Royal Bank of Canada (excluding RBC Commercial Avion, RBC Commercial U.S. Dollar Visa, RBC Commercial Cash Back Visa, and RBC Commercial Visa) (“Eligible RBC Card”). When you participate in the Linked Loyalty Program as an RBC business client, you will only be able to link up to two (2) eligible business RBC credit cards and one RBC client card to a Petro-Points account. You must be enrolled in RBC OnlineEuropean Insights - RBC Capital Markets
Videos World Baseball Classic NBA News Draft Scores and schedules Standings Stats Teams Players Injuries Videos Odds Playoffs NHL News Scores and schedules Standings Stats Teams Players Odds Playoffs Soccer News Scores and schedules Premier League MLS NWSL Liga MX CONCACAF League Champions League La Liga Serie A Bundesliga Ligue 1 World Cup College football News Scores and schedules Standings Rankings Stats Teams MMA WNBA Sportsbook NCAAF Tennis Golf NASCAR NCAAB NCAAW Boxing USFL Cycling Motorsports Olympics Horse racing GameChannel Rivals Newsletters Podcasts Videos RSS Jobs Help World Cup More news Creators Games Tech Local Services Terms Privacy Privacy Dashboard Feedback © 2025 All rights reserved. Yahoo Finance Yahoo Finance Unlock stock picks and a broker-level newsfeed that powers Wall Street. In This Article: RBC Capital Markets Internet Analyst Brad Erickson joins Yahoo Finance Live to discuss Big Tech earnings, stock market winners in the technology sector, Meta, ways to play tech and internet stocks in 2023, and the outlook for investors. - Big tech's earnings are underway, with results expected to test the recent rebound for the sector. Here to discuss the expected winners and losers of this season's quarterly results, we've got RBC internet analyst Brad Erickson. And Brad, great to have you here with us this morning and to get some of your insight going into the wave of earnings, the slew of earnings that are going to be coming out from some of these formerly high-growth internet names. I know we've discussed that in the past.. Through RBC Insight, our clients have access to the timely, strategic advice of our analysts, strategists and economists, expressed through actionable recommendations, daily commentaries and thematic publications. Access to RBC Insight is available only to institutional and corporate clients of RBC Capital Markets. RBC Insight is also
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Get a Quick Recommendation Monthly Debits Needed 12 or less Unlimited Credit Card Fee Rebate Included Yes No U.S. Debits Included Yes No Compare All Account Features Chequing Accounts That Match Criteria no value THE ESSENTIALS UNLIMITED DEBITS & MORE UNLIMITED DEBITS & EVEN MORE ALL-INCLUSIVE --> RBC Day to Day Banking --> RBC Day to Day Banking $4 monthly feelegal bug 1 Open Now for RBC Day to Day Banking RBC Advantage Banking --> RBC Advantage Banking $11.95 monthly feelegal bug 1 Open Now for RBC Advantage Banking RBC Signature No Limit Banking --> RBC Signature No Limit Banking $16.95 monthly feelegal bug 1 Open Now for RBC Signature No Limit Banking RBC VIP Banking --> RBC VIP Banking $30 monthly feelegal bug 1 Open Now for RBC VIP Banking RBC Day to Day Banking --> RBC Day to Day Banking $4 monthly feelegal bug 1 Open Now for RBC Day to Day Banking RBC Advantage Banking --> RBC Advantage Banking $11.95 monthly feelegal bug 1 Open Now for RBC Advantage Banking RBC Signature No Limit Banking --> RBC Signature No Limit Banking $16.95 monthly feelegal bug 1 Open Now for RBC Signature No Limit Banking RBC VIP Banking --> RBC VIP Banking $30 monthly feelegal bug 1 Open Now for RBC VIP Banking NO MONTHLY FEE FOR 1 YEARlegal bug 35 Get Apple Watchlegal bug 34 Get Apple Watchlegal bug 34 Right Account Guarantee® Includedlegal bug 2 Avion Points Minimum of 1 Avion point for every $10 spent on debitlegal bug 3 (when you enrol eligible account in the Value Program) Minimum Balance Required None Interac e-Transfer Transactionslegal bug 4,legal bug 5 FREE Debit Transactions 12/month, plus unlimited free debits for eligible public transit legal bug 6 ($1.25 each thereafter) Unlimited in Canada Unlimited in Canada Unlimited worldwidelegal bug 26 Fee to Use Non-RBC Interac ATM in Canada $2 eachlegal bug 7 No feelegal bug 7 3 waived/monthlegal bug 8 ($2 each thereafter) No feelegal bug 7,legal bug 9 Cross-Border Debitslegal bug 10 $1 each $1 each 5/month ($1 each thereafter) FREE Eligible Credit Card Annual Fee Rebate — —(Up to $48 rebate for studentslegal bug 11) Up to $48 rebatelegal bug 12 Up to $120 rebatelegal bug 13 Annual Fee Rebate (Up to $39 rebate for studentslegal bug 11) --> Additional Accounts with Waived Transaction Fees and Unlimited Debit Transactions — — — Up to 2 CanadianRBC Insight Edge - SME Institute
U.S. Dollar Visa Gold, RBC British Airways Visa Infinite, RBC Cathay Pacific Visa Platinum, RBC Cash Back Preferred World Elite Mastercard and WestJet RBC World Elite Mastercard.Legal Disclaimer21RBC VIP Banking account comes with a choice of up to two additional Canadian dollar deposit accounts, to be selected among the RBC Day to Day Banking, RBC Enhanced Savings and RBC Day to Day Savings accounts, and one additional U.S dollar deposit account, limited to the U.S. Personal Account, with the monthly fees waived. Note: Due to system limitations all accounts must be opened by the client in the same geographic location or region to be recognized for this bundling feature. If you have questions, please speak to your branch.Legal Disclaimer22Open an eligible business deposit account for your first business in Canada and receive a $50 bonus which will be credited to your new business deposit account within 90 days. Eligible business deposit accounts include: RBC Digital Choice Business account package, RBC Flex Choice Business account package and RBC Ultimate Choice account package. This offer is only available to Small Businesses registered in Canada by newcomers who have been in Canada for 5 years or less. This offer cannot be combined with any other offer. The account must remain open for at least 6 months from the date it was opened. If the account is closed within 6 months, Royal Bank of Canada reserves the right to recover the full cash credit. RBC can amend or withdraw this offer at any time without notice.Legal Disclaimer23Must be enrolled in RBC Online Banking or the RBC Mobile app and have either a Canadian RBC Royal Bank chequing or savings account. Some restrictions may apply. Cannot send funds from a US dollar account, or the RBC High Interest eSavings account.Legal Disclaimer25RBC Mobile is operated by. Through RBC Insight, our clients have access to the timely, strategic advice of our analysts, strategists and economists, expressed through actionable recommendations, daily commentaries and thematic publications. Access to RBC Insight is available only to institutional and corporate clients of RBC Capital Markets. RBC Insight is alsoAnalysis and insights – RBC Wealth Management
Credit card remains in good standing and you remain a VIP account owner. Only one credit card annual fee rebate per VIP account is allowed, which means that if you own a joint VIP account and each co-owner is also the primary cardholder of an eligible credit card, only the primary owner of the VIP account will be entitled to the credit card annual fee rebate. Other conditions and restrictions apply. Rebates that apply to eligible credit cards are: (i) partial rebate of $120 for the primary cardholder and $50 for the co-applicant on the annual fee of an RBC Avion Visa Infinite Privilege card, and (ii) annual fee fully rebated for the primary cardholder and the additional cardholders (co-applicant and authorized users) on any of the following cards: RBC Avion Visa Infinite, RBC Avion Visa Platinum, RBC Rewards Visa Preferred, RBC U.S. Dollar Visa Gold, RBC British Airways Visa Infinite, RBC Cathay Pacific Visa Platinum, RBC ION+TM Visa ($4 applied monthly), RBC Cash Back Preferred World Elite Mastercard and WestJet RBC World Elite Mastercard. Legal Bug 14) RBC VIP Banking account comes with a choice of up to two additional Canadian dollar deposit accounts, to be selected among the RBC Day to Day Banking, RBC Enhanced Savings and RBC Day to Day Savings accounts, and one additional U.S. dollar deposit account, limited to the U.S. Personal Account, with the monthly fees waived and unlimited debit transactions. Note: Due to system limitations all accounts must be opened by the client in the same geographic location or region to be recognized for this bundling feature. If you have questions, please speak to your branch. Legal Bug 15) By enrolling an eligible RBC personal bank account into the RBC Value Program, holding eligible additional RBC products (“Product Categories”, as more particularly described below), and completing certain activities from your enrolled account each month (as more particularly described below), you may be entitled to receive a partial or full rebate of your enrolled account’s standard Monthly Fee. Eligible Product Categories include RBC personal credit cards, personal investments, residential mortgages, and linked small business relationships. Multiple products in a single Product Category will be considered one Product Category. In addition to having eligible Product Categories, you must also perform any two (2) or more of the following specified account activities in the previous calendar month to or from your enrolled account: a monthly directComments
Venture between RBC and BMO, is a Canadian payment solution provider with over two decades of experience, supporting over 325,000 merchant locations across Canada. It offers a broad array of e-commerce services and payment solutions designed to meet the diverse needs of businesses.Features and services provided by Moneris include:Collaboration with Wix: Moneris partnered with Wix to enable businesses to build customized online stores, leveraging one of the leading website building platforms.Next-Day Payments: Moneris facilitates next-day access to funds for RBC merchants, enhancing the cash flow process without additional costs. Support Network: Offers continuous access to support and advice, providing businesses with the necessary guidance for their payment systems.Moneris positions itself as a leader in the Canadian payments industry by ensuring businesses can efficiently accept payments in various contexts while receiving reliable support.RBC Insight EdgeRBC Insight Edge is a sophisticated analytical dashboard that equips business owners with comprehensive data insights, enabling them to make well-informed business decisions. Utilizing anonymized transactions from credit and debit cards, alongside demographic and geographic data, the tool provides a real-time overview of consumer behaviors and market trends through a user-friendly interface.Core Functionalities:Business Benchmarking: Allows businesses to analyze current market trends and their position relative to competitors, identifying strengths and areas for improvement.Customer Insights: Delivers detailed analyses of customer spending patterns, aiding in the refinement of sales and marketing strategies.Market Exploration: Facilitates the investigation of various neighborhoods nationwide, offering insights into their commercial activity and consumer spending habits.Strategic Growth Support: Simplifies the process of gathering pertinent information for strategic planning, aiding in the identification of growth and investment opportunities.Data Privacy and Protection: RBC Insight Edge emphasizes privacy and security, processing only non-identifiable, aggregated data.Targeted at retail and consumer services sectors, RBC Insight Edge for Small Business translates anonymized transaction data into actionable insights, presenting:Shopping Behavior Tracking: Offers real-time data on consumer shopping patterns across Canada.Operational Optimization: Provides data on peak business hours to assist in planning store operations and staffing.Competitive Benchmarking: Supplies real-time data for neighborhood-specific purchasing trends, helping businesses understand their market position.Customer Demographics: Includes detailed demographic profiles, such as income, population density, and spending habits,
2025-04-15To enhance customer targeting.Real Estate Decision Support: Shares growth patterns and demographic data for neighborhoods, including information on major malls, to inform real estate decisions.In essence, RBC Insight Edge for Small Business is designed as an analytical tool to aid SMBs/ SMEs, ensuring that strategic decisions are data-driven and informed by current consumer and market trends.RBC Global TradeRBC Global Trade™ provides an online platform designed to facilitate the management of trade-related transactions for businesses. This service enables the issuance, reception, and administration of letters of credit, documentary collections, and guarantees through a web-based interface that is accessible from any location at any time.Core functionalities of RBC Global Trade include:Transaction Management: Users can handle letters of credit, guarantees, and documentary collections online, submitting requests and applications as needed.Online Document Access: The platform offers access to images of trade documents, simplifying document management and review processes.Reporting and Insights: It provides tools for accessing and customizing reports, allowing businesses to generate insights based on their trade activities.User Access Control: Businesses can mitigate risks and manage user permissions by establishing daily or transactional limits.Integration with RBC Express®: Users of RBC Express® can access RBC Global Trade directly through a single sign-on, enhancing the user experience.Operational Improvements:Resource Optimization: The platform aims to reduce the time and resources typically required for the manual creation and management of trade documents.Template Usage: Users can set up and utilize templates for various trade instruments, ensuring compliance with specific letter of credit requirements.SWIFT Compatibility: Letters of credit issued through RBC Global Trade are prepared to be SWIFT-ready when processed by RBC Trade Operations.RBC Global ConnectRBC Global Connect is an online platform offering free access to a range of resources aimed at facilitating international trade for businesses. This digital tool provides insights into market profiles, global economic trends, and practical tools to assist businesses in expanding their operations overseas. Additionally, the platform includes access to the RBC Trade Club, which serves as a networking hub, connecting businesses worldwide.Key Features of RBC Global Connect:Market Insights: Users can access detailed profiles of various countries and stay updated on global economic trends to make
2025-04-11Supportive ecosystem that grows with businesses. This includes:offering digital tools for account management.tailored financing solutions.efficient payment processing systems.data-driven insights to help SMBs/ SMEs make informed decisions.As SMBs/ SMEs are increasingly involved in global markets, their banking needs have become more complex, requiring solutions that can scale and adapt to international transactions and multi-currency operations.RBC's Digital Transformation JourneyThe Royal Bank of Canada (RBC) has embarked on a comprehensive digital transformation journey, positioning itself as a leader in the evolution of banking for small and medium-sized businesses/ enterprises (SMBs/ SMEs). Early Initiatives and Strategic VisionRBC's journey began with a clear strategic vision to harness the power of digital technology to meet the changing needs of its customers. Recognizing the potential of digital tools to enhance customer service, improve operational efficiency, and create new value propositions, RBC invested significantly in its technology infrastructure. This included upgrading core systems, enhancing cybersecurity measures, and adopting cloud technologies to ensure scalability and flexibility in its digital offerings.Launch of Digital Products for SMBs/ SMEsRBC's digital transformation for SMBs/ SMEs is showcased through products like NOMI, PayEdge, Cheque Pro, and Insight Edge, designed to meet their unique needs with features like predictive insights and efficient payment processing. Having a history of being a banking technology disruptor, RBC never stopped delivering new solutions for their client’s specific needs, and their digital centric approach represented an advantage during the 2020’s pandemic when they managed to onboard 400,000 new digital customers.Some of the solutions offered by RBC for SMBs/ SMEs and individuals are: RBC Mobile Banking – a mobile banking application available on iOS and Android, featuring NOMI, an innovative account dashboard with AI capabilities.RBC Express - premium online banking tool.PayEdge – accounts payable platform that automates payments to suppliers by integrating with your accounting system. PayPlan – a pay-over-time solution.Moneris – payment processor and POS. Ownr – automated legal tools.RBC Insights Edge – make more informed decision about business, clients and markets.RBC Global Trade - online platform that is used to issue, receive and manage trade transactions, including letters of credit, documentary collections and guarantees. RBC Global Connect – Free,
2025-04-17The Royal Bank of Canada (RBC) stands at the forefront of the global banking industry, consistently focusing on expanding its product offerings through a variety of cutting-edge software solutions. RBC has successfully launched several applications and tools designed to meet the diverse needs of its clientele. Among these, RBC Mobile Banking with NOMI, a sophisticated AI-powered analytical tool— which stands out for its intuitive design and personalized banking experience. For small and medium-sized businesses/ enterprises (SMBs/ SMEs), RBC has introduced a suite of powerful tools including PayEdge, Cheque Pro, and Insight Edge, each aimed at providing SMB/ SME clients with an efficient and robust tech stack to streamline their day-to-day operations.RBC's commitment to leveraging technology is revolutionizing the way SMB/ SME banking is conducted. By offering innovative digital products, RBC simplifies financial management and empowers businesses to focus on growth and development.The Need for Innovation in SMB/ SME BankingSmall and Medium-sized Businesses/ Enterprises (SMBs/ SMEs) form the backbone of the global economy, driving innovation, creating employment, and fostering economic growth. However, despite their critical role, these businesses often face significant hurdles within the traditional banking framework. Challenges such as: limited access to financial resources.a one-size-fits-all approach to banking services. managing finances in a rapidly changing economic environment. The traditional banking model, characterized by its reliance on physical branches, paper-based processes, and a general lack of customization, has frequently been unable to meet the specific needs of SMBs/ SMEs. Businesses require flexible, scalable, and personalized banking solutions that can adapt to their unique demands. They need financial services that are not just transactions but partnerships that can help them navigate the complexities of modern business landscapes.Moreover, the digital revolution has shifted expectations across all sectors, with SMBs/ SMEs increasingly demanding banking services that are accessible, intuitive, and seamlessly integrated into their daily operations. The rise of fintech startups has further highlighted the gaps in traditional banking services, proving that digital-first solutions can offer more efficiency, better user experiences, and greater value to SMBs/ SMEs.Innovation in SMB/ SME banking is not just about digitizing existing services but reimagining banking as a holistic,
2025-04-05Videos World Baseball Classic NBA News Draft Scores and schedules Standings Stats Teams Players Injuries Videos Odds Playoffs NHL News Scores and schedules Standings Stats Teams Players Odds Playoffs Soccer News Scores and schedules Premier League MLS NWSL Liga MX CONCACAF League Champions League La Liga Serie A Bundesliga Ligue 1 World Cup College football News Scores and schedules Standings Rankings Stats Teams MMA WNBA Sportsbook NCAAF Tennis Golf NASCAR NCAAB NCAAW Boxing USFL Cycling Motorsports Olympics Horse racing GameChannel Rivals Newsletters Podcasts Videos RSS Jobs Help World Cup More news Creators Games Tech Local Services Terms Privacy Privacy Dashboard Feedback © 2025 All rights reserved. Yahoo Finance Yahoo Finance Unlock stock picks and a broker-level newsfeed that powers Wall Street. In This Article: RBC Capital Markets Internet Analyst Brad Erickson joins Yahoo Finance Live to discuss Big Tech earnings, stock market winners in the technology sector, Meta, ways to play tech and internet stocks in 2023, and the outlook for investors. - Big tech's earnings are underway, with results expected to test the recent rebound for the sector. Here to discuss the expected winners and losers of this season's quarterly results, we've got RBC internet analyst Brad Erickson. And Brad, great to have you here with us this morning and to get some of your insight going into the wave of earnings, the slew of earnings that are going to be coming out from some of these formerly high-growth internet names. I know we've discussed that in the past.
2025-03-31