Latest Canadian Imperial Bank of Commerce (CIBC) News: Finextra Research

CIBC and Telus combine for national e-commerce PKI venture

CIBC has teamed up with telecomms firm Telus and PKI company VeriSign to set up a new joint venture company aimed at establishing a national e-commerce trust network in Canada.

31 October 2001

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Amicus Financial bids for Credit Card Center ATM portfolio

Amicus Financial, the electronic banking division of CIBC, is to solicit the Credit Card Center's (CCC) former merchant customers in an effort to take-over the management of nearly 15,000 ATM terminals located throughout the United States.

09 October 2001

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More banks join Mobey mobile payments group

The Mobey Forum, a bank-backed initiative to develop a mechanism for mobile payments, has signed up the Canadian Imperial Bank of Commerce (CIBC) as its first North American member bank. The Forum has also added Development Bank of Singapore Limited (DBS), Credit Suisse and the Royal Bank of Scotland to its board of directors.

25 September 2001

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All CIBC employees accounted for

CIBC today confirmed that all employees from its offices at One World Financial Centre, located near the destroyed World Trade Centre, have been accounted for.

17 September 2001

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CIBC: nearly 90 per cent of 2000 WTC staff have called in

CIBC today issued a clarification to a media report carried by a Toronto newspaper this morning concerning its employees in New York.

14 September 2001

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CIBC statement concerning New York operations

David Kassie, chief executive officer of CIBC World Markets, issued the following statement concerning the tragedy in the United States and its impact on CIBC's employees and operations in New York:

13 September 2001

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Brief: CIBC Amicus expands in-store network

Amicus Financial, the Internet-only bank established by Canadian Imperial bank of Commerce, has expanded its network of Safeway Select bank pavilions to the US state of Arizona.

31 August 2001

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CIBC Internet bank offers $100,000 free money lure

Amicus Financial, the Internet-only bank established by Canadian Imperial bank of Commerce and Sympatico-Lycos, is to give away $100,000 in cash prizes in a bid to lure customers to its site.

07 August 2001

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CIBC begins speech technology roll out

Canadian Imperial Bank of Commerce is rolling out speech recognition technology across the breadth of its telephone banking operations, offering voice-activated bill payment, retail banking and mortgage services and discount brokerage.

27 June 2001

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CIBC and Ahold USA team up for electronic banking

The Canadian Imperial Bank of Commerce (CIBC) has formed an alliance with American food retail and service company Royal Ahold to offer electronic banking to new customers in the USA.

29 May 2001

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CIBC in talks to acquire Ameritrade - USA Today

Canadian Imperial Bank of Commerce (CIBC) is in advanced talks to acquire Ameritrade, the US's fifth-largest discount brokerage, for as much as $1.8 billion, according to a report in USA Today.

11 May 2001

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CIBC neural net closes on debit card fraudsters

Canadian Imperial bank of Commerce is introducing Prism fraud detection technology from ACI Worldwide in a bid to crack down on a rising incidence of debit card payment crime.

09 May 2001

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