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CIBC wins two Digital Banker awards for AI innovation and digital transformation

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Annual awards recognize financial institutions delivering measurable improvements in client experience and operational efficiency

TORONTO, July 28, 2026 /CNW/ — CIBC has been recognized by The Digital Banker with multiple 2026 Global Transaction Banking Innovation Awards, including the Best Gen-AI Initiative award and the Best Digital Transformation Program award, underscoring the bank’s continued leadership in generative AI and innovation.

“This recognition reflects CIBC’s thoughtful and practical approach to AI and digital transformation,” said Jaime Tatis, Executive Vice-President, Chief Data & Artificial Intelligence Officer, CIBC. “We are embedding AI and digital tools into the way we work to reduce time spent on administrative tasks, improve access to information, and help our teams spend more time on higher-value activities that benefit our clients.”

CIBC received the Best Gen-AI Initiative award for two initiatives launched in 2025: the Smart Library, an AI-powered, self-serve tool that enables team members to search and work with internal content using natural language, significantly reducing time spent manually browsing documents; and the Agents Marketplace, a centralized platform that allows users to create custom agents that automate tasks, as well as browse, subscribe to and share agents across the bank. Together, these capabilities reduce time spent on administrative tasks, improve access to institutional knowledge, and enable team members to spend more time with clients and on analytical work.

Both initiatives were commended for fostering collaboration and innovation across the organization and for their rigorous design and governance approach, leveraging advanced techniques to ensure accuracy, efficiency, and secure use of enterprise data at scale.

This marks the third consecutive year that CIBC has won The Digital Banker’s Best Gen-AI Initiative award. The bank was recognized in 2025 for its CIBC AI platform (CAI) and in 2024 for its Knowledge Central pilot.

Best Digital Transformation Program

CIBC also received The Digital Banker’s Best Digital Transformation Program award for Request a Call (Get Support), an innovative solution that builds on the bank’s Knowledge Central AI platform, an information hub used by frontline team members to get answers to questions, help serve clients and ensure a positive experience.

“Request a Call exemplifies how we’re continuing to empower our team through digital transformation while delivering on our client-focused strategy,” said Jane Yuen, Head of Enterprise Channels, CIBC. “We’re proud to be recognized for a solution that enhances the day-to-day experience of our team members and enables them to dedicate more time to assisting our clients.”

Request a Call guides users to resources in Knowledge Central where they are empowered to self-serve by typing in their question and receiving answers in a simple and easy to understand way. When additional help is needed, team members can request a callback for support immediately, or schedule a callback at a later time. The solution has helped team members get support in a way that fits into their day and provides a seamless experience for clients.

The Digital Banker Awards recognize excellence in customer experience and innovation across the financial services landscape and aim to provide unbiased and objective benchmarks for the global industry, highlighting organizations that deliver measurable impact.

About CIBC

CIBC is a leading North American financial institution with 15 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking, Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/ca/media-centre.

SOURCE CIBC

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Bitwise and Emissary Announce Strategic Partnership to Deliver Cost-Efficient, Governed AI at Enterprise Scale

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Collaboration combines Emissary’s AI platform with Bitwise’s AI-First data and digital engineering expertise to help enterprises reduce AI costs by up to 30%, improve governance, and accelerate production-scale AI adoption.

CHICAGO and PUNE, India, July 28, 2026 /PRNewswire/ — Bitwise, an AI-First data and digital engineering enterprise, today announced a strategic partnership with Emissary, an AI platform specializing in intelligent model routing, purpose-tuned models, and AI cost optimization.

As organizations move AI initiatives from pilots to enterprise-scale deployment, many face growing challenges around performance, governance, and rising infrastructure costs. Through this partnership, Bitwise and Emissary will combine purpose-built AI capabilities with enterprise-scale engineering expertise to help organizations optimize AI economics, accelerate deployment, and govern AI more effectively.

Raman Sapra, Global Chief Executive Officer, Bitwise

” As AI adoption scales, organizations need greater control over cost, governance, and business outcomes. Together with Emissary, we are helping enterprises optimize AI economics and operationalize AI at scale. By combining purpose-built AI capabilities with our AI-First data and digital engineering expertise, we are helping clients Engineer Their AI Advantage.”

The joint solution is designed to help enterprises reduce AI infrastructure and inference costs by up to 30%, while providing greater visibility, governance, and accountability of AI investments through enterprise AIFinOps capabilities. At the core of the partnership is a shared focus on AI tokenomics: helping enterprises understand, optimize, and govern token consumption so AI costs scale in line with business value rather than usage volume alone.

The partnership is designed to help organizations move beyond AI experimentation and establish a scalable foundation for production-grade AI adoption. Joint capabilities include:

Tokenomics Optimization: Modeling, managing, and continuously improving AI unit economics as usage scales.

Intelligent Model Routing: Directing workloads to the most appropriate model to optimize performance and cost.

Purpose-Tuned and Fine-Tuned SLMs: Enabling rapid development of small task-specific AI models designed for improved efficiency and business relevance.

AIFinOps for Enterprise AI: Bringing forecasting, visibility, governance, and accountability to AI spend across the organization.

Tanmay Chopra, Chief Executive Officer, Emissary

“Not every task requires a frontier model, and paying frontier-model prices for every workload doesn’t scale. Emissary helps organizations optimize AI performance and economics through a cascaded approach of intelligent model routing, small purpose-tuned models, and disciplined tokenomics. Together with Bitwise, we can help enterprises deploy these capabilities at production scale and realize business value faster.”

The partnership is particularly relevant for organizations in financial services, insurance, retail, healthcare, and other regulated industries seeking to scale AI while maintaining cost control, governance, and operational discipline.

By combining Emissary’s AI platform with Bitwise’s AI-First data and digital engineering expertise, the companies will help enterprises move from AI experimentation to production-scale value while improving AI economics, governance, and operational efficiency, enabling them to truly Engineer Their AI Advantage.

About Bitwise

Bitwise is an AI-First engineering enterprise that helps organizations turn AI into a sustainable source of competitive advantage. Backed by 30 years of legacy in data modernization, precision engineering, and enterprise-scale delivery, Bitwise delivers a comprehensive set of AI-First capabilities, enabling organizations to move from AI experimentation to scalable, production-grade outcomes. Headquartered in Chicago with global delivery centers in Pune, India, Bitwise pairs onshore client alignment with offshore delivery efficiency to serve as a strategic growth partner to leading global organizations.

Learn more at Bitwise.

About Emissary

Emissary is an AI platform that helps enterprises replace generalist, one-size-fits-all model usage with real-time intelligent model routing, purpose-tuned models, and AIFinOps giving organizations lower AI infrastructure costs, faster inference, and stronger governance in production.

Learn more at www.withemissary.com.

Bitwise Marketing and Communication

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SOURCE Bitwise Inc

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The 19th Annual Globee® Awards for Impact Invite New Product and Service Achievement Nominations Worldwide

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Recognizing measurable achievements by new products and services that create meaningful impact for customers, organizations, industries, and communities

SAN FRANCISCO, July 28, 2026 /PRNewswire/ — The Globee® Awards, organizers of merit-based, data-driven business awards programs with worldwide participation that recognize achievements across industries, announced that entries are now being accepted for the 19th Annual Globee® Awards for Impact, inviting organizations worldwide to nominate new product and service achievements that have delivered measurable impact across local, regional, and global markets.

Apply now: https://globeeawards.com/impact/

The program welcomes nominations representing achievements across every industry, including technology, healthcare, financial services, manufacturing, education, retail, telecommunications, transportation, government, hospitality, professional services, construction, energy, life sciences, agriculture, media, and other sectors.

Eligible nominations may include achievements related to new software platforms, cloud services, artificial intelligence solutions, cybersecurity offerings, consumer products, business services, healthcare innovations, financial solutions, manufacturing technologies, sustainability initiatives, educational tools, digital platforms, communications services, and other products and services that demonstrate measurable impact through innovation, customer adoption, operational improvement, business growth, accessibility, or societal benefit.

Organizations of all sizes are invited to participate, including startups, small and medium businesses, large enterprises, public and private companies, government organizations, educational institutions, research organizations, and non-profit organizations worldwide.

The Globee® Awards for Impact recognize achievements across category groups including products and services, company and organization, individual and team, and brand, communications, and creative, reflecting the many ways organizations create measurable impact through innovation and execution.

Nominations are welcomed for local, regional, and global achievements, recognizing that impactful products and services can originate anywhere and create meaningful value regardless of an organization’s size or geographic reach.

Entries are evaluated through a merit-based, data-driven process involving participation from experienced professionals across multiple industries worldwide. Evaluations are conducted through a structured, consistent, and transparent framework based on defined scoring criteria.

Entries are open to organizations and professionals worldwide.

About the Globee® Awards

The Globee® Awards are organizers of merit-based, data-driven business awards programs with worldwide participation. Through 10 awards programs, the Globee® Awards recognize achievements across multiple industries and sectors. The programs use a structured evaluation approach involving participation from professionals across various industries.

Follow: @globeeawards

Hashtags: #GlobeeAwards #ImpactAwards #ProductInnovation #ServiceInnovation #NewProducts #BusinessAchievements #Innovation #CustomerImpact #WorkplaceAchievements #GlobalRecognition

All trademarks belong to their respective owners.

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SOURCE Globee Awards

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Harvey Unveils SNIPER: The World’s First Intelligent Drill Press

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New Intelligent Drill Press uses advanced computer vision, robotic motion control, and the Proactive Safety Protection System to eliminate the alignment, accuracy, and safety problems that have defined drill press work for generations.

LOS ANGELES, July 28, 2026 /PRNewswire/ — Harvey Woodworking, a leading manufacturer of precision woodworking machinery, today launched SNIPER, the industry’s first Intelligent Drill Press — combining advanced computer vision, dual-axis robotic positioning, and the Proactive Safety Protection System in one integrated platform.

SNIPER is engineered to solve the three problems that have plagued drill press users for generations: cumbersome bit alignment, inaccurate positioning, and operator safety. Where every drill press built in the last century has been passive — relying on the operator to measure, mark, align, and correct by hand — SNIPER actively partners with the woodworker, recognizing the intended drilling point and automatically positioning the spindle over the target.

“Woodworkers shouldn’t have to spend their best hours fighting the machine for accuracy,” said Jack Xu, Founder of Harvey. “A single misaligned hole can ruin a $2,000 walnut tabletop. With SNIPER, we set out to make the machine serve the craft — not interrupt it.”

Three breakthrough technologies in one machine

Sniper Vision™ Targeting System identifies the user’s intended drilling point in real time, replacing the manual cycle of measuring, marking, and test-drilling that consumes most drill press setup time.

Robotic Dual-Axis Servo Motion Platform automatically positions the spindle on the X and Y axes with repeatable accuracy — delivering consistent results across cabinet hardware, shelf pins, dowel joinery, and custom furniture runs.

Proactive Safety Protection System uses vision-based monitoring to watch the danger zone around the spindle. When a hand is detected in the unsafe region, the system pauses operation or triggers a hardware-level safety stop.

Together, these systems form what Harvey calls an Embodied Intelligence approach — capability built into the motion of the tool itself.

Pricing and availability

SNIPER is built for professional woodworkers, custom furniture shops, cabinet makers, and advanced hobbyists. Now on sale for $6,790.00 at harveywoodworking.com/products/sniper-sd-20-intelligent-drill-press and through authorized dealers.

ABOUT HARVEY

Harvey builds high-performance woodworking machinery for serious craftsmen, custom furniture makers, and modern workshops, with a focus on precision, innovation, and user-centered engineering. Learn more at www.harveywoodworking.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/harvey-unveils-sniper-the-worlds-first-intelligent-drill-press-302836882.html

SOURCE Harvey Industries International, Inc.

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