Mortgage lender wins major innovation award

CIBC has been awarded the inaugural Financial Institution Innovator of the Year award at the Digital Finance Institute’s Canadian FinTech Awards.

The bank was recognized by the Vancouver-based think tank for innovations such as its one-click lending and its testing of blockchain transactions in collaboration with National Australia Bank.

"It is imperative that we capitalize on the mounting opportunities that rise from the collaboration between fintechs and financial institutions," says Christine Duhaime, Founder & Executive Director, Digital Finance Institute. "We are pleased to recognize CIBC for collaborating with the fintech sector in an impactful way, to help drive innovation forward in Canada."

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