Tag : CIBC

Notice of Settlement Approval Hearing With Canadian Imperial Bank of Commerce ("CIBC")
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Notice of Settlement Approval Hearing With Canadian Imperial Bank of Commerce (“CIBC”)

Fintech News Desk
by Fintech News Desk0
A settlement has been reached in the class action against CIBC and certain of its former officers alleging misrepresentations made by CIBC and certain of its officers between . These alleged misrepresentations were in CIBC quarterly financial statements and MD&A, public oral statements and filings with securities regulators, regarding material information......
CIBC Innovation Banking is pleased to announce a debt facility of $35 million for Atlanta-based Intradiem
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CIBC Innovation Banking Announces Financing for Shorelight

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking is pleased to announce a new debt financing for Boston-based Shorelight, an enrollment and performance management platform that drives international student success at top universities. Shorelight plans to use the capital to further invest in automated, self-service tools for students, counselors and universities engaged on its platform.......
CIBC Adds Insights to Mobile App
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CIBC Adds Insights to Mobile App

Fintech News Desk
by Fintech News Desk0
Today CIBC launched its new CIBC Insights feature, which offers clients personalized and actionable data-driven recommendations based on their financial transactions. Using AI and machine learning, CIBC Insights notifies clients of savings opportunities and unusual transactions, while providing guidance that can support better everyday spending decisions. CIBC Insights is available......
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CIBC Launches AI-powered Virtual Assistant to Help Clients Bank Digitally

Fintech News Desk
by Fintech News Desk0
Powered by IBM Watson, clients can use it to complete banking transactions and get answers to questions with ease With Canadians using digital banking now more than ever, CIBC is introducing a conversational AI-based Virtual Assistant powered by IBM Watson, that can perform banking transactions and answer questions about everyday......
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CIBC Innovation Banking Provides Redica Systems With a $4 Million Growth Capital Financing

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking is pleased to announce a $4 million growth capital financing for Pleasanton-based Redica Systems (formerly Govzilla), a cloud-based regulatory and compliance platform that provides data and insights to quality and safety professionals in regulated industries globally. Read More: Treasury Intelligence Solutions: Miltenyi Biotec Standardizes Corporate Payments and Bank......
Financial Data Exchange Adds 39 New Members with Expanding International Footprint
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Financial Data Exchange Adds 39 New Members with Expanding International Footprint

Fintech News Desk
by Fintech News Desk0
National Bank of Canada, Quicken, CIBC, Ozone API, Desjardins, Authlete, Canadian Credit Union Association (CCUA), Empower Retirement, FCT, Servus Credit Union, National Community Reinvestment Coalition, RattleHub, and Tangerine Bank Among New Members Joining FDX Membership broadens to unite participants from all sectors of the financial services ecosystem in effort to......
CIBC Innovation Banking Provides AlayaCare With $15 Million Growth Capital Financing
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CIBC Innovation Banking Provides AlayaCare With $15 Million Growth Capital Financing

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking is pleased to announce a $15 million growth capital financing for AlayaCare. As demand for home care continues to rise, this debt facility will support the company’s strategic plan to increase its presence in North America and Australia. Read More: Cardtronics takes over management of Triodos Bank’s ATM......
CIBC Innovation Banking Provides Health Fidelity, Inc. With a US$5.5 Million Growth and Working Capital Financing
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CIBC Innovation Banking Provides Health Fidelity, Inc. With a US$5.5 Million Growth and Working Capital Financing

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking is pleased to announce a US$5.5 million debt financing for Health Fidelity, Inc. (“Health Fidelity”), a healthcare technology market leader focused on supporting health plans and hospital systems successfully engaged in risk-sharing arrangements. The company will use the debt capital to accelerate new product delivery to the......
CIBC Innovation Banking Provides Vbrick Systems Inc. with a US$6 Million Growth Financing
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CIBC Innovation Banking Provides Vbrick Systems Inc. with a US$6 Million Growth Financing

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking is pleased to announce a US$6 million revolving credit facility for Virginia-based Vbrick Systems Inc. (“Vbrick”), an industry-leading provider of video platform solutions. With operations in North America, Europe and Australia, the credit facility will be used to accelerate its rapid growth trajectory with investments in new......
CIBC Innovation Banking Provides Health Fidelity, Inc. With a US$5.5 Million Growth and Working Capital Financing
Banking Capital Markets Fintech News

CIBC Innovation Banking Provides Digital Receipt Management Platform, Sensibill Inc., With $5 Million in Growth Capital Financing

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking is pleased to announce a $5 million growth capital financing with Toronto-based Sensibill Inc. (“Sensibill”), a provider of everyday tools such as digital receipt management and SKU-level data that help institutions better know and serve customers. Backed by Radical Ventures, Information Venture Partners, First Ascent Ventures and......
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