Earlier this year, CIBC co-led Thought Machine’s Series E funding round earlier this year with a £30 million investment. [Read more…] about CIBC Adopts Vault Core Tech from Thought Machine to ‘Raise Bar for Banking in Canada’
Simplii
Simplii Enhances App and Refreshes Brand with Emphasis on Lower Friction
Simplii Financial this week unveiled what it describes as the “next evolution” of the Canadian institutions digital banking experience.
The Toronto-based digital-only bank has launched an “enhanced app” with new tools alongside a “refreshed brand.” [Read more…] about Simplii Enhances App and Refreshes Brand with Emphasis on Lower Friction
Tangerine and EQ Rank Among the World’s Best Digital Banks in 2026
Two Canadian institutions rank among the world’s 100 top digital banks in 2026. [Read more…] about Tangerine and EQ Rank Among the World’s Best Digital Banks in 2026
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