Canadian Imperial Bank of Commerce (CIBC)

88 results about this entity

Period: 29 Jul 2004 - 09 Jan 2024

/payments

Visa adds more digital wallets to CIBC and Simplii global money transfers

Visa and CIBC announced a new collaboration that will enable the bank’s clients to send funds to family and friends across borders more conveniently.

/sustainable

Big banks invest $45m in carbon credit transaction network

A group of nine banks has pumped $45 million into Carbonplace, the global DLT-based carbon credit transaction network they founded that is now becoming an independent entity ahead of its planned launch later this year.

/retail

CIBC launches Smart Planner money management tool

As many Canadians set their financial goals for the year ahead, CIBC announced today the launch of CIBC Smart Planner, an easy to use, self-serve digital tool that takes the complexity out of managing finances and offers personalized advice.

/payments

CIBC introduces same-day cash pick up abroad through MoneyGram

To help clients save time, increase convenience and remove barriers to sending and receiving funds abroad, CIBC today announced the expansion of its Global Money Transfer (GMT) service to include cash pick up through MoneyGram, a global leader in the evolution of digital P2P payments, enabling same-day, no-fee cash transfers to more than 40 countries.

/wholesale

Ageras secures €35m for acquisitions

CIBC Innovation Banking has provided €35 million in growth capital to Ageras to boost the Copenhagen-based fintech's acquisition efforts as it seeks to expand its financial "cockpit" for SMEs.

/retail

CIBC inks data sharing deal with MX

Today CIBC (TSX: CM) (NYSE: CM) announced a data access agreement with MX to enhance the CIBC client experience through secure data sharing, providing clients with a safe and seamless way to share their financial information.

/retail

CIBC Innovation Banking injects £40 million growth financing to UK fintech Smart

CIBC Innovation Banking is pleased to announce £40 million of growth financing for London-based Smart, a leading retirement technology provider. Smart will use the capital to expand its market growth, accelerate the launch of strategic products, and undertake acquisitions.

/regulation

Canadian banks team on KYC solution

Some of Canada's biggest banks are joining forces with market and infrastructure services provider CanDeal to set up a centralised KYC offering for the capital markets industry.

/payments

CIBC invests in merchant acquiring startup Pollinate

CIBC is to invest in Pollinate, a merchant acquiring startup founded by former Monitise chief Alastair Lukies, and to roll out its Tyl payment terminals across canada.

/sustainable

More banks join blockchain-based carbon marketplace

UBS, Standard Chartered, and BNP Paribas have joined Project Carbon, a bank-backed initiative to create a blockchain-based marketplace where firms can buy and sell carbon offsets.

/startups

Open finance challenge winners unveiled

An Australian startup working to green the housing market has won a global open finance challenge run by NAB, CIBC, Itaú Unibanco and NatWest.

/sustainable

Six of Canada's largest banks join United-Nations-convened Net-Zero Banking Alliance

Today, ahead of the United Nations Climate Change Conference (COP26) in Glasgow, six of Canada's largest banks – BMO, CIBC, National Bank of Canada, RBC, Scotiabank, and TD – together announced their pledge to join the Net-Zero Banking Alliance (NZBA) as part of a global, industry-led initiative to accelerate and support efforts to address climate change.

/cloud

NAB, CIBC, Itaú Unibanco and NatWest launch open finance challenge

NAB, CIBC, Itaú Unibanco and NatWest Group have joined forces with Amazon Web Services to run a global open finance challenge, inviting fintechs, universities and other large organisations to prototype and develop new digital banking services.

/identity

CIBC debuts digital identity verification

Today CIBC announced a new digital identity verification option, enabling prospective CIBC clients in Canada to verify their identity in minutes, without the need for a trip to the banking centre or to speak to a client care representative to open new accounts online.

/sustainable

Banks launch carbon marketplace

NatWest, CIBC, ITAU and NAB have joined forces to create a blockchain-based marketplace where firms can buy and sell carbon offsets.

/cloud

CIBC inks Microsoft Azure deal

The Canadian Imperial Bank of Commerce (CIBC) has agreed a multi-year deal to use Microsoft Azure as its primary cloud platform.

/startups

Pollinate closes $50m funding round

Pollinate, a merchant acquiring startup founded by former Monitise chief Alastair Lukies, has closed a $50 million Series C funding round led by Insight Partners and joined by NatWest, Mastercard and NAB.

/markets

CanDeal DNA buys Cibc fixed income data biz

CanDeal Data and Analytics (CanDeal DNA), a leading provider of Canadian financial markets’ OTC data and information services, has acquired Canadian Imperial Bank of Commerce (CIBC)’s fixed income data business.

/payments

CIBC adds insights to mobile app

Today CIBC launched its new CIBC Insights feature, which offers clients personalized and actionable data-driven recommendations based on their financial transactions.

/retail

CIBC introduces Watson-powered virtual assistant

With Canadians using digital banking now more than ever, CIBC is introducing a conversational AI-based Virtual Assistant powered by IBM Watson Assistant, that can perform banking transactions and answer questions about everyday banking.