Royal Bank of Canada has a total of 724 patents globally, out of which 180 have been granted. Of these 724 patents, more than 73% patents are active. United States of America is where Royal Bank of Canada has filed the maximum number of patents, followed by Canada and Europe, it has generated an annual revenue of $12.67 billion in the year 2021. Parallelly, United States of America seems to be the main focused R&D center.
Royal Bank of Canada was founded in the year 1864 by a small group of Maritime trade merchants. Company is doing business in financial services. As of February 2022, Royal Bank of Canada has a market cap of $162.5 Billion.
Do read about some of the most popular patents of Royal Bank of Canada which have been covered by us in this article and also you can find Royal Bank of Canada’s patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Royal Bank of Canada’s patent portfolio.
How many patents does the CEO of Royal Bank of Canada have?
The CEO, David I. McKay has 0 patents.
How many patents does Royal Bank of Canada have?
Royal Bank of Canada has a total of 724 patents globally. These patents belong to 269 unique patent families. Out of 724 patents, 530 patents are active.
How many Royal Bank of Canada patents are Alive/Dead?
Worldwide Patents
Patent Families
How Many Patents did Royal Bank of Canada File Every Year?
Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.
| Year of Patents Filing or Grant | Royal Bank of Canada Applications Filed | Royal Bank of Canada Patents Granted |
| 2011 | 4 | 1 |
| 2012 | 10 | 13 |
| 2013 | 14 | 4 |
| 2014 | 11 | 1 |
| 2015 | 27 | 12 |
| 2016 | 53 | 12 |
| 2017 | 79 | 6 |
| 2018 | 110 | 12 |
| 2019 | 146 | 10 |
| 2020 | 115 | 30 |
| 2021 | 54 | 34 |
| 2022 | – | 2 |
How Many Patents did Royal Bank of Canada File in Different Countries?
Countries in which Royal Bank of Canada Filed Patents
| Country | Patents |
| United States Of America | 419 |
| Canada | 169 |
| Europe | 21 |
| Australia | 18 |
| China | 12 |
| Singapore | 9 |
| Hong Kong (S.A.R.) | 9 |
| Japan | 7 |
| Germany | 6 |
| Korea (South) | 4 |
| India | 4 |
| Brazil | 2 |
| Mexico | 2 |
| South Africa | 2 |
| Spain | 1 |
| Austria | 1 |
| United Kingdom | 1 |
| Israel | 1 |
Where are Research Centers of Royal Bank of Canada Patents Located?
10 Best Royal Bank of Canada Patents
US20160019536A1 is the most popular patent in the Royal Bank of Canada portfolio. It has received 197 citations so far from companies like MasterCard, Wal-Mart, and Dropbox.
Below is the list of 10 most cited patents of Royal Bank of Canada:
| Publication Number | Citation Count |
| US20160019536A1 | 197 |
| US20180075527A1 | 128 |
| US20090037332A1 | 104 |
| WO2017136956A1 | 102 |
| USD447326S1 | 96 |
| USD446914S1 | 85 |
| USD446915S1 | 81 |
| USD446916S1 | 78 |
| USD823860S1 | 72 |
| USD445243S1 | 65 |
Which Companies are using Royal Bank of Canada Patents to Advance their Research?
If patents or patents from a particular technology area of a company receive a lot of citations, it implies that the technology is being followed and incrementally innovated by the citing companies. It also indicates that citing companies are working on similar and closely related technologies.
The top citing companies in the Royal Bank of Canada patent portfolio are MasterCard, IBM, and Bank Of America.
List of the top forward citing Companies –
| Company | Number of Patents |
| MasterCard | 26 |
| IBM | 17 |
| Bank Of America | 17 |
| VISA | 16 |
| JPMorgan Chase | 9 |
| Advanced New Technologies | 8 |
| Paypal | 6 |
| American Express | 6 |
| Intel | 5 |
| Samsung Electronics | 4 |
Count of 102 and 103 Type Rejections based on Royal Bank of Canada Patents
Top Royal Bank of Canada Patents used in Rejecting Most Patent Applications
| Patent Number | Count of Rejected Applications |
| US9082119B2 | 29 |
| US10755327B2 | 25 |
| US20160019536A1 | 25 |
| US11080701B2 | 20 |
| US20180075527A1 | 17 |
| US11080700B2 | 16 |
| US10909529B2 | 11 |
| US10783116B2 | 8 |
| US10650450B2 | 8 |
| US20180293573A1 | 8 |
| US20180253727A1 | 7 |
| US20180268401A1 | 7 |
| US6173075B1 | 7 |
| US10057333B2 | 5 |
| US10739955B2 | 5 |
Everything in business is being disrupted by technology, from customer expectations to company models to entire industries.
“We believe that to become the number one bank, we need to be the number one tech team. To deliver on the expectations of our clients, we need to give our employees access to the best tools, and Slack is one of them.”, said Martin Wildberger, Executive Vice President of Innovation and Technology, Royal Bank of Canada
RBC is in the process of transformation to a digital-first, tech-enabled corporation, as part of its mission to help clients thrive and communities succeed. The RBC Digital Team is at the forefront of the bank’s digital transformation. This cross-functional team makes sure that RBC customers have a consistent digital experience, whether they’re on the web, in the app, or in the bank. Learn more with us!
EXCLUSIVE INSIGHTS COMING SOON!
What are Royal Bank of Canada key innovation segments?
What Technologies are Covered by Royal Bank of Canada?
The chart below distributes patents filed by Royal Bank of Canada in different countries on the basis of the technology protected in patents. It also represents the markets where Royal Bank of Canada thinks it’s important to protect particular technology inventions.
R&D Focus: How Royal Bank of Canada search focus changed over the years?
EXCLUSIVE INSIGHTS COMING SOON!
Interested in knowing about the areas of innovation that are being protected by Royal Bank of Canada?