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

CIBC to hire 200 data and AI specialists

Canadian bank CIBC is set to hire more than 200 data and artificial intelligence roles over the next 12 month

07 August 2024

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.

11 August 2022

/wholesale

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.

27 June 2022

/wholesale

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.

16 February 2022

/wholesale

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.

12 July 2021

/wholesale

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.

12 July 2021

/wholesale

Big banks create Utility Settlement Coin company

Some of the world's biggest financial services firms - including Barclays, Nasdaq and UBS - have pumped £50 million into a new venture building a Utility Settlement Coin (USC), an asset-backed digital cash instrument implemented on distributed ledger technology.

03 June 2019

/wholesale

More major banks join UBS-led blockchain project

A UBS-led plan to develop a digital cash system based on blockchain technology has won the support of six major banks ahead of a planned launch in late 2018

31 August 2017

/wholesale

R3 banks use Intel distributed ledger technology for bond trading

Working under the R3 banner, a gang of eight banks have successfully tested a distributed ledger prototype for bond transactions using Intel technology.

26 September 2016

/wholesale

CIBC, NAB and Bank Leumi form innovation alliance

Canadian Imperial Bank of Commerce, National Australia Bank and Israel's Bank Leumi have formed an "innovation alliance" that will see them share strategies for improving client services in the digital age.

21 September 2016

/wholesale

Banks embrace Ripple and move beyond testing to real-world transactions

UBS, Santander and CIBC are among seven banks to sign up to the Ripple's distributed ledger technology for cross-border payments.

22 June 2016

/wholesale

CIBC enters business financing deal with Thinking Capital

Canada's CIBC is to partner with alternative marketplace lender Thinking Capital to enable small business owners to apply for a loan of up to $300,000 online, with decisions in minutes and funding in just a few days.

18 November 2015

Latest news