New RBC Mobile app capability further strengthens RBC's market leading position in the payments and mobile space
TORONTO, March 7, 2017 /CNW/ - Sending money is now as easy as saying "Hey Siri, send Pat $20", as Royal Bank of Canada ("RBC") launches money transfers with Siri for its personal banking clients. This innovative money transfer solution is now available through an update to the RBC Mobile app for iPhone and iPad. Building on its market leading, free person-to-person money transfer services for chequing account clients launched last year, RBC continues to develop simple and innovative ways for clients to make payments and bank with their mobile devices.
"It's our goal to continue to be part of the everyday mobile experiences of our clients by adding more convenient and seamless ways to send money and bank with RBC," said Sean Amato-Gauci, executive vice-president, Digital, Payments and Cards, RBC. "Building on the explosive growth of our free person-to-person payments products, we're excited to provide the ability for our clients to now send free money transfers from their chequing accounts using Siri."
Using Siri to send money with RBC
Sending money with RBC is really as simple as it sounds. Once you give the voice command, the Siri feature will confirm the name from your payee list and the RBC Mobile app automatically debits your chequing account and sends the payment. The payment is secure and protected by TouchID.
This payment solution is the latest enhancement from the RBC innovation labs, which test new ideas by partnering with academia, fintechs and RBC clients to make banking easier. The RBC labs are actively working on a range of client solutions that will be coming to market this year.
"We are completely rethinking how we can deliver services, products and advice to our clients as we continue to focus on our strategy of being a digitally enabled relationship bank," said Amato-Gauci. "We're not only listening to our clients, we're asking them to guide what we build and when. Our innovation labs allow us to work directly with our clients and provide us an opportunity to test and learn with consumer feedback."
Investing in Innovation
RBC recently announced its collaboration with NextAI, a global innovation program for artificial intelligence-related ventures, and that Dr. Richard S. Sutton, one of the modern day pioneers of AI, will act as head academic advisor to RBC Research in machine learning at a newly established lab based at the Alberta Machine Intelligence Institute (Amii).
The RBC Mobile app is available for free download from the App Store on iPhone and iPad or at www.AppStore.com.
For more about the RBC Mobile app, please visit www.rbcroyalbank.com/mobile/.
Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 35 other countries. For more information, please visit http://www.rbc.com/.
RBC helps communities prosper, supporting a broad range of community initiatives through donations, community investments and employee volunteer activities. For more information please see: http://www.rbc.com/community-sustainability/.
SOURCE RBC Royal Bank