More than 20 years after selling its merchant acquiring business to U.S.-based Global Payments, CIBC, Canada’s fifth largest bank by market capitalization at $53.3 billion ($68 billion CAD), will return to that business in partnership with Pollinate. The bank has also made an equity investment in Pollinate. CIBC will offer Tyl by CIBC acquiring services to all businesses in Canada with a focus on the country’s 1.2 million small and midsized merchants and solo entrepreneurs. The bank sees this market growing in coming years. Pollinate will use its cloud-based technology to provide acq...