At CIBC's 148th Annual General Meeting, the bank announced the launch of its new CIBC Mobile Banking app for Apple Watch. Delivering this new way to bank continues CIBC's track record of putting banking innovations into the hands of our clients.
"Today's announcement reflects our focus on delivering the flexibility our clients expect in their day-to-day banking, and gives them even more options to bank when, where and how they want," said Victor Dodig, President and CEO, CIBC. "Canadians are changing the way they bank, and we're committed to being at the forefront of the next evolution in the Canadian banking market."
The new CIBC Mobile Banking Apple Watch app will allow clients to:
Check their account balance at a Glance
Transfer funds between accounts
Review recent transactions
Find their nearest CIBC branch or ATM and get directions to it on their watch
CIBC Mobile Banking is already recognized as best in class, having been recognized by Forrester Research, Inc. with the top overall ranking for mobile banking functionality in Canada among the big 5 banks evaluated in the 2014 Canadian Mobile Banking Functionality Benchmark report. Adding the CIBC Mobile Banking App for Apple Watch gives CIBC clients another option to bank when, where and how they want.
CIBC's track record for innovation includes being the first bank to deliver a mobile banking app in 2010 on the iPhone, delivered a first of its kind mobile payments app in 2012, and was first among the Big 5 to deliver eDeposit to clients in 2013, allowing them to deposit cheques simply by taking a picture with their mobile device.
The CIBC Mobile Banking app for Apple Watch will be available in the Apple Watch App Store on April 24th. The CIBC Mobile Banking app for iPhone is available today from the App Store.