2020 Impact Innovation Award in Cash Management and Payments: Royal Bank of Canada

Royal Bank of Canada is the 2020 recipient of Aite Group’s Impact Innovation Award in Cash Management and Payments for AI/Advanced Analytics.

Boston, November 18, 2020 Business clients’ expectations of their financial institutions have changed. While traditional treasury products remain critical, clients are now looking to banks to provide innovative out-of-the-box analytics solutions to help them grow and optimize their business operations. Many businesses have turned to fintech partners or rely on internal tools to address the lack of robust offerings in the market, but this is changing as banks harness the scale of their data assets and client relationships. RBC Insight Edge is a market-leading solution helps meet clients’ demand for access to business- and industry-specific data.

Aite Group’s Impact Innovation Awards are designed to recognize and celebrate innovation achieved by financial institutions leveraging technology to surpass the status quo. Award recipients are leading the industry by identifying and implementing new products, capabilities, or levels of automation and effectiveness that are bringing our industry one step closer to next-generation banking.

Clients of Aite Group’s Wholesale Banking & Payments service can download this nine-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

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