Business
RBC ranks #1 in Canada and #3 globally for AI maturity in financial services for fourth straight year
RBC ranks #1 in Canada and #3 globally for AI maturity in financial services for fourth straight ...
About this update from Royal Bank Of Canada
[{"type":"text","content":"RBC ranks #1 in Canada and #3 globally for AI maturity in financial services for fourth straight year\n\n\n\n RBC ranks #1 in Canada and #3 globally for AI maturity in financial services for fourth straight year\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n RBC only Canadian bank in the top ten of 50 global banks\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n Oct. 8, 2025\n \n\n /CNW/ - Royal Bank of\n \n Canada\n \n (TSX: RY) (NYSE: RY) continues to demonstrate global leadership in artificial intelligence (AI), ranking #1 in\n \n Canada\n \n and third out of 50 global financial institutions for AI maturity in the 2025\n \n Evident AI Index\n \n for the fourth consecutive year. The Index scores financial institutions across four key pillars: Talent, Innovation, Leadership, and Transparency.\n \n\n RBC is the only Canadian bank ranked in the top 10 globally, improving its overall year-over-year performance, with notable ranking increases in the Leadership and Transparency pillars and achieving the global #1 spot in AI talent development. RBC's leadership position was bolstered by its recently announced\n \n bold ambition\n \n to achieve\n \n $700\n \n million to $1 billion in enterprise value generated from AI-driven benefits by 2027, while its ongoing commitment to upholding its\n \n responsible AI principles\n \n increased its Transparency pillar ranking.\n \n\n \"AI is a generational technology that has the power to reimagine what's possible for our business,\" said\n \n Dave McKay\n \n , President and CEO, RBC. \"At RBC, AI is empowering our people, uncovering opportunities to better serve and understand our clients, and driving significant productivity gains. Our ranking in the Evident AI Index is proof of our decade-long investment in AI and unwavering commitment to innovation.\"\n \n\n Since launching its Borealis Research Institute in 2016, RBC has spent almost a decade building an AI foundation underpinned by exceptional talent, commitment to responsible AI and world-class securit...