Canada is home to over eight million immigrants and will welcome nearly 1.5 million permanent residents over the next three years. More than 1 in 5 Canadian residents are foreign-born, and government figures show that more than 95% of the country’s population growth last year was due to international migration. [Read more…] about Scotiabank Partners with Nova Credit to Revolutionize Newcomer Access to Financial Services
Big Five
Follow the latest fintech news from Canada’s Big Five Banks: RBC, TD, Scotiabank, BMO, and CIBC. Explore their investments, partnerships, product launches, leadership moves, and evolving use of artificial intelligence and other financial technologies.
CIBC Tops J.D. Power’s 2023 Study for Highest Customer Satisfaction in Mobile Banking App
CIBC’s mobile banking app has received the highest ranking in customer satisfaction according to the latest study from J.D. Power, a global leader in consumer insights, advisory services and data and analytics. [Read more…] about CIBC Tops J.D. Power’s 2023 Study for Highest Customer Satisfaction in Mobile Banking App
CIBC and Simplii Financial Launch Real-time Payments With Alipay
Per capita, Canadians send more money abroad than any other country in the world—nearly twice as much as Americans, and nearly four times as much as Europeans. [Read more…] about CIBC and Simplii Financial Launch Real-time Payments With Alipay
CIBC Partners With MX To Offer Clients Seamless Access To Third-party Apps
CIBC has entered into a data access agreement with Utah-based B2B data exchange MX. [Read more…] about CIBC Partners With MX To Offer Clients Seamless Access To Third-party Apps
CIBC Taps Toronto’s Willful to Help Clients Create Wills Online
Willful has landed a partnership with the Canadian Imperial Bank of Commerce.
The Toronto-based fintech startup provides an online platform for will creation, which recently attracted the interest of CIBC. [Read more…] about CIBC Taps Toronto’s Willful to Help Clients Create Wills Online
CIBC Partners With UK’s Pollinate To Launch ‘Tyl by CIBC’ in Canada
CIBC is partnering with Pollinate to bring “Tyl by CIBC” to Canada later this year. Tyl is a cloud-based digital-first platform for small and medium-sized businesses (SMBs), that enables safe and secure payments acceptance, provides easy point-of-sale technology, and helps users administer loyalty programs. [Read more…] about CIBC Partners With UK’s Pollinate To Launch ‘Tyl by CIBC’ in Canada
Scotiabank to Share APIs with Developers
Scotiabank has announced that it plans to deliver a public set of libraries, APIs, and applications with the open-source software community. [Read more…] about Scotiabank to Share APIs with Developers