|Delayed - 01/25 04:00:00 pm|
Canadian Imperial Bank of Commerce : CIBC again named Best Consumer Digital Bank in North America by Global Finance
|11/18/2020 | 02:02pm|
Mobile banking app and integrated consumer website help secure win
"We are proud to be recognized as
Award recipients were selected based on: the strength of strategy for attracting and servicing digital customers; success in getting clients to use digital offerings; growth of online customer base; breadth of product offerings; evidence of tangible benefits gained from digital initiatives, as well as web/mobile site design and functionality. Representatives from Infosys, a global leader in consulting, technology and outsourcing solutions, selected the shortlist of award finalists, with the editors of Global Finance selecting the winners.
In response to the COVID-19 pandemic, CIBC's online and mobile banking capabilities supported unprecedented growth in digital transactions. Since the pandemic started in March, the total number of new CIBC digital registrants increased nearly 40 per cent, with digital banking sessions up nearly 20 per cent compared to pre-pandemic data.
A full report will appear in the December 2020 issue of Global Finance.
CIBC is a leading Canadian-based global financial institution with 10 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/en/about-cibc/media-centre.html.
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