The bank (TSX:CM) says customers will soon be able to check their balances and transfer funds with the Apple Watch, which launches on Friday.
CIBC says it's the first of the big Canadian banks to offer the watch app.
CEO Victor Dodig made the announcement at the bank's annual general meeting in Calgary — his first since taking the top job last September.
In his speech to shareholders, Dodig focused on the role technology will play in the bank's future strategy.
He says four out of five transactions today are done outside the branch.
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