News stories featuring CIBC:
March 21st, 2017
A blockchain-based digital identity network that will let Canadians verify their identity to organisations of their choice and access services such as new bank accounts, driving licenses or utilities using a mobile app is now undergoing testing ahead of a planned launch later this year. The service is backed by a group of Canadian banks that includes BMO, CIBC, Desjardins, RBC, Scotiabank and TD.
November 8th, 2016
A screenshot taken by a Reddit user of the Samsung Pay app suggests Canadian bank CIBC will be the launch partner for the mobile payment service when it becomes available in the country some time this year. “Sticktoit360 wasn’t able to verify whether the tap and pay functionality of Samsung Pay actually works in Canada because they’re a BMO customer,” Mobile Syrup reports. Reports that the service was expected to go live in Canada in early November emerged last month.
October 27th, 2016
Samsung Pay could be launched in Canada “from the first week of November 2016”, Android Central reports. According to a Twitter user who posed the question to Samsung customer service team, their reply stated the mobile payments service would be available next week for customers with CIBC Visa cards. Samsung Pay boss Thomas Ko revealed plans for more aggressive international expansion of the service in an interview with NFC World at Money20/20 earlier this week.
July 15th, 2016
The SIM-based NFC Canadian mobile wallet SureTap is to be discontinued in August 2016 due to “ongoing changes in the market”, the mobile wallet provider has announced.
May 10th, 2016
Canadian consumers can now add their MasterCard and Visa credit cards as well as their Interac debit cards to Apple Pay after the mobile payments service launched in the country with support from American Express alone in November 2015. Five banks have also announced their support for Apple Pay, including two of the country’s largest — Royal Bank of Canada and BMO Financial Group.
February 18th, 2016
CIBC may soon become one of the first banks in Canada to support Apple Pay, which is currently only available to American Express card holders. “iPhone in Canada reader John from Toronto tried to add his CIBC Visa to Apple Pay and was greeted with [a] terms and conditions message that stated Apple Pay Terms of Service for CIBC Customers,” iPhone in Canada reports.
December 8th, 2015
Canadian NFC mobile wallet service Suretap and TSM provider EnStream have completed a proof of concept trial with public transport agency Société de transport de Montréal (STM) that enabled transit passengers to pay fares using their smartphone.
November 4th, 2015
Canadian mobile wallet provider Suretap has added a loyalty section powered by the Points loyalty network to its NFC mobile wallet, enabling users to earn and use rewards offered by more than 100 global reward…
August 11th, 2015
The Canadian Bankers Association (CBA) has published a mobile payments white paper intended to “encourage the introduction and adoption of new and innovative mobile payments products and services in Canada without compromising the integrity of the Canadian payments infrastructure”. The Payments Security White Paper was developed by BMO Bank of Montreal, CIBC, National Bank of Canada, RBC Royal Bank, Scotiabank and TD Bank Group.
June 23rd, 2015
Canadian carrier Rogers has spun off its Suretap NFC mobile wallet service as a separate company, with the brand now operating independently and open to other carriers. Mobile network operators Bell, Telus, Koodo and Virgin…
May 14th, 2015
MTS and SaskTel have become the latest Canadian mobile network operators to launch NFC mobile payment services using EnStream, the joint venture between Bell Mobility, Telus and Rogers Communications put in place to act as…
December 9th, 2014
Interactive payment card developer Dynamics has signed a deal with MasterCard that will see the payments network offering the startup’s technology to its issuers around the world. MasterCard has also participated in Dynamics’ US$70m Series C funding round along with Canada’s CIBC and existing investors.
June 19th, 2014
Customers of Canadian carrier Bell will be able to use CIBC bank’s mobile payment app to make NFC payments “in the coming weeks”. Launched in partnership with mobile network operator Rogers in November 2012, CIBC expanded availability of the service to include customers of carrier Telus in February 2014.
June 12th, 2014
Enstream, the NFC platform provider set up by Canadian carriers Bell, Rogers and Telus, has selected BlackBerry to provide it with a secure platform that financial institutions will be able to use to provision payment…
April 14th, 2014
Canadian carrier Rogers Communications has added support for multiple card types to its Suretap wallet service. The new NFC-enabled cards include a Rogers prepaid MasterCard and gift cards from a range of merchants including Swiss…
February 4th, 2014
Canada’s CIBC bank has expanded availability of its NFC payments service to customers of mobile network operator Telus. The service was originally launched in November 2012 in partnership with Rogers. The CIBC Mobile Payment App…
January 24th, 2014
Canada’s CIBC bank has expanded availability of its CIBC Mobile Payment app to include owners of Samsung Galaxy S III, S4, Note II and HTC One Android NFC phones, enabling a wider range of customers to make NFC payments. The service was launched in November 2012 with support for Blackberry Bold 9900 and Curve 9360 NFC phones and expanded in October 2013 to include the Blackberry Z10.
November 7th, 2013
Canadian carrier Rogers is to make an open NFC mobile wallet available to its customers “in the coming weeks.” The new Suretap Wallet, which is separate from the Suretap payments service launched last November in partnership…
November 4th, 2013
Canadian Bank CIBC has extended availability of its NFC payments service to BlackBerry Q10 owners. The service was first rolled out in November 2012 and expanded to include support for BlackBerry 10 phones in October 2013. Consumers must also have a Suretap NFC SIM from telco Rogers Communications to make NFC payments.
October 7th, 2013
Canadian bank CIBC has released a BlackBerry 10 version of its CIBC Mobile Payment app allowing BlackBerry Z10 owners to make NFC payments. To use the service, customers must also be Rogers Communications subscribers and have a “Suretap” NFC SIM card installed. The service was launched in November 2012 for BlackBerry Bold 9900 and Curve 9360 users.
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