Visa and CIBC have formed a new collaboration to help the bank’s clients send remittances across borders more conveniently. With Visa Direct’s money movement capabilities, the clients of CIBC and its digital banking division Simplii will be able to send money to more digital wallets in the Philippines, China,...
Visa Canada has announced the appointment of Sam Fuda as the new vice president, head of commercial and money movement (CMS), Canada. Fuda succeeds Jim Filice in this role, Visa Canada said in a press release emailed to PYMNTS. With this appointment, Fuda will lead the market strategy, product development...
Canadian financial institution (FI) CIBC will be working with Willful, a platform for will creation, to add digital options for affordable estate planning, a press release said Tuesday (July 5). The release notes that many Canada residents consider cost and convenience when they’re considering making...
CIBC Innovation Banking has provided $100 million as a credit facility to Expensify, a payments super app helping people manage money, the companies announced Monday (Feb. 7). The funding was provided last October and will help the company grow and add more products, according to...
June 25, 2021
“Consumers want flexibility in terms of how they want to pay,” Visa Canada Vice President and Head of Product and Digital Brian Weiner told Karen Webster. “They don’t want to take on more debt, and they want to have flexibility in how they manage their cash flow.” The conversation followed the news this week that […]
May 01, 2025
Canadian bank CIBC has teamed with Mastercard on a new credit card offering. The CIBC Adapta Mastercard, announced Thursday (May 1), is the first credit card in Canada to automatically determine a user’s top monthly spending categories based on where they spend the most, while also rewarding 50% more points on those categories. According to a Mastercard news release, the card […]
January 09, 2024
Visa and CIBC have formed a new collaboration to help the bank’s clients send remittances across borders more conveniently. With Visa Direct’s money movement capabilities, the clients of CIBC and its digital banking...
September 12, 2023
Visa Canada has announced the appointment of Sam Fuda as the new vice president, head of commercial and money movement (CMS), Canada. Fuda succeeds Jim Filice in this role, Visa Canada said in a press...
July 05, 2022
Canadian financial institution (FI) CIBC will be working with Willful, a platform for will creation, to add digital options for affordable estate planning, a press release said Tuesday (July 5)....