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CIBC TO ENHANCE SECURE AND SEAMLESS ACCESS TO FINANCIAL TOOLS AND APPS FOR CLIENTS THROUGH AGREEMENT WITH MX

Newswire.ca - Mon Aug 8, 6:00AM CDT

TORONTO, Aug. 8, 2022 /CNW/ - Today CIBC (TSX: CM) (NYSE: CM) announced a data access agreement with MX to enhance the CIBC client experience through secure data sharing, providing clients with a safe and seamless way to share their financial information. By using application program interface (API) technology, CIBC's 11 million clients will no longer need to share their banking login ID and password to connect their banking information with third-party fintech applications that partner with MX, such as personal financial management, budget tracking, and credit-building tools. This collaboration with MX reflects CIBC's commitment to innovation and will enable modern, digital client experiences.

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