The new service, which will be available on iPad and iPhone, was developed by the RBC Digital Innovation Lab and will automatically debit the client's checking account and send the payment protected by TouchID. The Canadian bank plans to launch a new set of product features 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.”