Citi Removes Overdraft, Returned Item Fees on Retail Banking Accounts

Citi Removes Overdraft, Returned Item Fees on Retail Banking Accounts
Citi Removes Overdraft, Returned Item Fees on Retail Banking Accounts
June 21, 2022  |  Banking

Citi has removed overdraft, overdraft protection transfer and returned item fees from Citi Retail Banking consumer deposit accounts, with the changes having gone into effect...

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47% of Brazilian Consumers Shop With a Smartphone In-Store
47% of Brazilian Consumers Shop With a Smartphone In-Store
June 21, 2022  |  Retail

Mobile commerce is at the center of the Brazilian eCommerce market. As a result, merchants must orient their digital innovation efforts around their customers’ demands...

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Snap CEO Firm on Long-Term Plays, AR
Snap CEO Firm on Long-Term Plays, AR
June 21, 2022  |  Mobile Applications

Snap Chief Executive Evan Spiegel reiterated his support for long-term decision making at the corporate level and expressed enthusiasm for the company’s virtual reality work...

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Today in Food Commerce: Kellogg Splits Into Three; Krispy Kreme Launches Ice Cream
Today in Food Commerce: Kellogg Splits Into Three; Krispy Kreme Launches Ice Cream
June 21, 2022  |  Commerce

Today in food commerce, Kellogg divides into three independent, publicly traded companies, while Mondelēz International acquires Clif Bar. Plus, Krispy Kreme rolls out ice cream,...

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Amazon Makes 17-Year Vet, Doug Herrington, Worldwide Amazon Stores CEO
Amazon Makes 17-Year Vet, Doug Herrington, Worldwide Amazon Stores CEO
June 21, 2022  |  Personnel

Amazon has named Doug Herrington as the retail behemoth’s new CEO of its Worldwide Amazon Stores business, the segment formerly known as Consumer, tapping the...

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Zego Teams With Flex for Flexible Rent Payment Initiative
Zego Teams With Flex for Flexible Rent Payment Initiative
June 21, 2022  |  Partnerships

Property management technology startup Zego partnered with flexible payment portal Flex to allow renters to pay their bills on a schedule that better suits their...

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Is One of Crypto’s Richest Billionaires Becoming its ‘Lender of Last Resort?’
Is One of Crypto’s Richest Billionaires Becoming its ‘Lender of Last Resort?’
June 21, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Chipotle: Loyalty Launch Will Help Canada Fandom Catch up to US
Chipotle: Loyalty Launch Will Help Canada Fandom Catch up to US
June 21, 2022  |  Loyalty & Rewards

With many major United States restaurant brands’ rewards programs now well established with their domestic customers, some chains are turning their focus to international markets,...

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Virtual Cards Gaining Ground on ACH in B2B Payments
Virtual Cards Gaining Ground on ACH in B2B Payments
June 21, 2022  |  B2B Payments

The accelerated digitization caused by shutdowns and operational restrictions during the pandemic inspired a series of financial experiments, many of which have shown that they...

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