24 September 2017
Find out more

CIBC moves to phase one deployment of Intellect Design payment hub

14 September 2016  |  2520 views  |  0 Source: Intellect Design Arena

Intellect iGTB, the organisation behind the world’s first comprehensive global transaction banking solution announced that its client CIBC has implemented phase 1 of the bank's next generation payments infrastructure for business clients.

CIBC's goal is to drive growth by leading with innovation while helping to simplify how clients manage their business.

Phil Griffiths, SVP & Head of Global Transaction Banking, CIBC said, "CIBC is focused on innovation that makes a difference for our clients, and leveraging this new platform enhances our ability to deliver new capabilities, support emerging technologies such as blockchain, and positions us well to lead in the rapidly evolving payments market in Canada and the United States as they move towards real time payments and transmitting enhanced remittance data.”

Al Carpetto, EVP & Head of America's, at Intellect iGTB said, “We are thrilled to support CIBC's innovative agenda in the Transaction Banking and payments space. Helping banks and their customers to manage payments, automate receivables, while also optimizing liquidity is all part of our end goal. iGTB has invested in the right technology and believes that our Payment solutions will help CIBC and our customers in their journey of digital transformation.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.abe-eba.euvisit www.sibos.comvisit www.capgemini.com

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
13473 views comments | 28 tweets | 44 linkedin
AXA launches blockchain to cover late flight compensationAXA launches blockchain to cover late flig...
10012 views comments | 13 tweets | 28 linkedin
Apple P2P payments service nears launchApple P2P payments service nears launch
8624 views comments | 19 tweets | 27 linkedin
SBI Ripple Asia advances on South KoreaSBI Ripple Asia advances on South Korea
8455 views comments | 16 tweets | 1 linkedin
ISO 20022: The common language of choiceISO 20022: The common language of choice
8217 views comments | 1 tweets | 2 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job