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CIBC TO GIVE CUSTOMERS MICROSOFT MONEY

The Canadian Imperial Bank of Commerce announced last week that it will integrate its CIBC PC banking service with Microsoft Money 97. The latest version of Microsoft's personal finance program is scheduled for a summer release. The integration of Microsoft Money will allow CIBC customers to download and import account transaction information from PC banking directly into Money, eliminating the need to manually enter the information. In addition, CIBC will offer its PC banking customers free Microsoft Money Banking Edition software. Kevin Lasitz, CIBC's electronic banking marketing manager, said the bank would support the integration initiative with Internet ads created in-house.

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