Got TIPS or BREAKING NEWS? Please call 545-3572; ads call 440-6666                               Sittings from House of Assembly are carried live on 90.9 FM the Caribbean superstation or follow live online: www.cbnvirginislands.com
Press Release From Independent Source

CIBC FirstCaribbean wins “Most Innovative Bank” award

July 24th, 2018 | Tags:
Less than two months after releasing enhancements to its Mobile App and Online Banking, CIBC FirstCaribbean has been named the Most Innovative Bank in the region at the prestigious World Finance Banking Awards awarded by UK-based World Finance magazine. Photo: Provided
ROAD TOWN, Tortola VI – Less than two months after releasing enhancements to its Mobile App and Online Banking, CIBC FirstCaribbean has been named the Most Innovative Bank in the region at the prestigious World Finance Banking Awards awarded by UK-based World Finance magazine.

According to a press statement released on July 23, 2018, the bank is the only Caribbean-based Bank to have been recognized at this year’s event.

“We are delighted to have won this prestigious award,” said Trevor Torzsas, the bank’s Managing Director, Cards and Customer Relationship Management.“The award is a testament to our commitment and relentless efforts atleveraging emerging technologies to make banking easier for our clients.”

Earlier this year, CIBC FirstCaribbean revamped its mobile banking app to include services that are built on Visa technology – namely, mobile location confirmation and “Freeze Mycard” service. These features were the first of their kind to be introduced within the Caribbeanby a bank. Through the app, clients can also easily checktheir account balances, transfer funds between accounts or to other CIBC FirstCaribbean clientsand pay bills, all from their mobile device.

More recently, the bank launched an upgraded Online Banking system that allows its clients to bank online with the highest level of reliability and security. For example, clients cannow schedule domestic and international payments online with stronger security through 2-step verification and real-time alert features.

According to Torzsas, new technologies play a vital role in allowing the bank to pursue its digital strategy. "Our success could not have been possible without our investment in technology. Technology remains one of our top priorities as a bank and it has allowed us to deliver on our promise of “banking that fits your life” by responding to client feedback and creating solutions that allow them to bank when and how they want. What is even more exciting is that our digital transformation has been well received by our clients who continue to engage with us more through these digital channels.” 

The World Finance Banking Awardis one of the most respected accolades in the banking and financial services sector globally. World Financemagazine has been celebrating achievement, innovation and brilliance in banking and finance since 2007.

2 Responses to “CIBC FirstCaribbean wins “Most Innovative Bank” award”

  • Yay! (24/07/2018, 09:15) Like (1) Dislike (1) Reply
    Glad they got it this time, instead of the worst bank in the world, which is what World Finance Banking did last time.
    They must've finally NOTICED something.
  • Interested (30/07/2018, 14:11) Like (0) Dislike (0) Reply
    Happy for First Caribbean.My bankers


Create a comment


Create a comment

Disclaimer: Virgin Islands News Online (VINO) welcomes your thoughts, feedback, views, bloggs and opinions. However, by posting a blogg you are agreeing to post comments or bloggs that are relevant to the topic, and that are not defamatory, liable, obscene, racist, abusive, sexist, anti-Semitic, threatening, hateful or an invasion of privacy. Violators may be excluded permanently from making contributions. Please view our declaimer above this article. We thank you in advance for complying with VINO's policy.


Weather


Follow Us On

Disclaimer: All comments posted on Virgin Islands News Online (VINO) are the sole views and opinions of the commentators and or bloggers and do not in anyway represent the views and opinions of the Board of Directors, Management and Staff of Virgin Islands News Online and its parent company.