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About RBC > Corporate Profile > Awards and Recognition > RBC wins Financial Institution of the Year for second year in a row at the 2018 Canadian FinTech & AI Awards

RBC wins Financial Institution of the Year for second year in a row at the 2018 Canadian FinTech & AI Awards

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TORONTO - December 3, 2018 - RBC is honoured to be recognized as the Financial Institution of the Year for the second year in a row by the Digital Finance Institute at the 2018 Canadian FinTech & AI Awards held on November 26. This distinction is awarded to the Canadian financial institution, bank or credit union that has had a positive impact on financial technology (fintech) in Canada. It recognizes technology created for financial institutions, partnerships that further the development of fintech at the institutional level, and internal initiatives that engage employees and support innovation designed in Canada.

“Innovation is more than a buzzword at RBC. We’re focused on delivering next generation technology capabilities like data and analytics, AI, blockchain, and cybersecurity to reimagine the future of banking for our clients,” said Alexander Peh, vice-president, innovation, RBC. “We’re proud to be recognized by our peers and the fintech community and are inspired to continue to play a significant role in championing innovation for Canada.”
RBC received the award in recognition for championing internal innovation, building in-house financial technology solutions and investing in innovation partnerships that will help drive the future success of Canada. The award recognized RBC’s commitment to investing in smarter, simpler ways to interact and add value for our clients, communities and employees.

RBC was also recognized for achieving leading-edge technology milestones over the past year, including:

About the Digital Finance Institute and the Canadian FinTech & AI Awards
The Digital Finance Institute is a think tank created for the next generation of financial services. They address issues in respect of the nexus between financial innovation, digital finance policy and regulation, financial inclusion and women in financial technology.

The Canadian FinTech & AI Awards were started in 2015 by the Digital Finance Institute to recognize and celebrate Canadian innovation in financial technology and artificial intelligence. The Awards bring together, on an annual basis, Canada’s leaders in finance to celebrate and support Canadian technology from coast to coast to coast.


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