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120 Results from "Canadian Imperial Bank of Commerce (CIBC)"

/retail

Big banks back Canadian launch of Financial Data Exchange

Canada's big five banks are among 31 organisations onboard for the launch of Financial Data Exchange (FDX) in the country, vowing to work together to promote Open Banking through the development of a secure, common, interoperable, flexible and royalty-free industry standard for financial data sharing.

/retail

Covid-19: Canadian banks close some branches, cut hours at others

Canada's six biggest banks are closing some branches and reducing operating hours at others in an effort to promote social distancing and control the spread of Covid-19.

/regulation

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.

/retail

CIBC, NAB and Bank Leumi open portal for fintechs to make pitches

Canada's CIBC, Israel's Bank Leumi and National Australia Bank have launched a joint global online portal from where fintech firms can submit them proposals.

/retail

Canadian bank-backed blockchain-based ID verification system launches

A Canadian blockchain-based digital identity verification network backed by the country's banking industry has gone live, giving people an easy way to share their personal information.

/crypto

BMO and Simplii hackers demand ransom of $1m in XRP

The hackers who claim to have stolen the personal information of thousands of BMO and Simplii Financial customers are demanding a $1 million ransom in the form of Ripple's XRP, according to CBC.

/retail

BMO and Simplii say fraudsters may have accessed customer data

Bank of Montreal (BMO) and Simplii Financial, a digital bank owned by Cibc, are both warning customers that crooks are claiming to have stolen their personal data.

/retail

CIBC builds Messenger digital assistant for sending money overseas

The Canadian Imperial Bank of Commerce (CIBC) has launched a digital assistant that helps clients track foreign exchange rates and send money overseas through Facebook Messenger.

/retail

Interac debit comes to Samsung Pay in Canada

Canadian debit network Interac has introduced support for Samsung Pay, enabling customers of participating banks to add their cards to the mobile wallet and make NFC payments.

/crypto

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

/retail

CIBC severs ties with President's Choice; launches new direct banking brand

Canada's CIBC is cutting ties with Loblaw groceries President's Choice Financial and moving its nearly two million accounts to Simplii Financial, a new direct banking brand for clients who want no-fee daily banking through online, mobile and telephone channels

/retail

Android Pay lands in Canada and Taiwan

Android Pay has arrived in Canada, with several of the country's biggest banks making the mobile payments service available to Mastercard and Visa credit cardholders as well as Interac debit card users.