Tagged: cibc

Digital Transformation: Microsoft Azure Cloud Platform to be Used by Canadian Imperial Bank of Commerce

The Canadian Imperial Bank of Commerce (CIBC) (TSE: CM), a multinational banking and financial services corporation headquartered in Toronto, Ontario, has entered a multi-year deal to use Microsoft Azure as its main Cloud platform. The partners noted in the announcement that Microsoft Azure should help… Read More

CIBC’s Mobile Banking App Turns 10 Years Old, Marking the Moment When Bank Became First in Canada to Offer the Service

CIBC’s mobile banking app recently turned 10 years old, notably marking a decade since the institution became the first large Canadian financial institution to provide an innovative mobile banking app to customers. In a February 2 press release, CIBC reflected on the key milestones the… Read More

Korean Courts Order Nonghyup Bank to Restore Services to Coinis Crypto Exchange

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A judge at the Seoul Central District Court has ordered one of South Korea’s largest banks, Nonghyup, to restore services to the Coinis cryptocurrency exchange, 8BTC reports. The showdown reportedly began in September when Nonghyup announced it would no longer process deposits and withdrawals on behalf… Read More

CIBC Has Frozen $28 Million of Vancouver Crypto Exchange’s Funds Since January

Vancouver-based cryptocurrency exchange QuadrigaCX has been defending itself in court for the release of $28 million dollars in customer funds frozen by the Canadian Imperial Bank of Commerce (CIBC) since January, the Globe and Mail reports. According to court documents filed by CIBC in the… Read More

CIBC CEO: Peer-to-Peer Lenders Can Actually Drive a Wedge But We Won’t Let Them Do That

In an interview with Canadian Business, Canadian Imperial Bank of Commerce (CIBC) CEO Victor Dodig touched upon looming competition with online lenders. Dodig is a relatively new CEO of the bank having taken the helm of CIBC in 2014. Dodig joined CIBC in 2005 but prior… Read More

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