Less than two months after releasing enhancements to its Mobile App and Online Banking, CIBC First Caribbean has been named the Most Innovative Bank in the region at the prestigious World Finance Banking Awards presented by UK-based World Finance Magazine.

The bank is the only Caribbean-based bank to have been recognized at this year’s event.

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

 “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.