Cibc news and trends

Visa Canada Appoints Sam Fuda to Head Commercial and Money Movement
Personnel // 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 release emailed to PYMNTS. With this appointment, Fuda will lead the market strategy, product development...

Canada’s CIBC Partners With Will-Writing Platform Willful
Partnerships // 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). The release notes that many Canada residents consider cost and convenience when they’re considering making...

Expensify Lands $100M Credit Facility From CIBC Innovation Banking
Investments // February 07, 2022

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...

Visa Canada’s Installment Option Builds BNPL Into Every Consumer Credit Card
VISA // 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...

Interviews & Exclusives
Visa Canada’s Installment Option Builds BNPL Into Every Consumer Credit Card

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 […]

Quick Reads
Visa and CIBC Collaborate on Sending Remittances to Digital Wallets

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 division Simplii will be able to send money to more digital wallets in the Philippines, China, Bangladesh, Kenya and other key remittance destinations in which digital […]

Visa Canada Appoints Sam Fuda to Head Commercial and Money Movement

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...

Canada’s CIBC Partners With Will-Writing Platform Willful

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)....

Expensify Lands $100M Credit Facility From CIBC Innovation Banking

February 07, 2022
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...