In today’s top news in digital-first banking, a former Barclays executive has been named to serve as head of Citi Commercial Bank (CCB), while the American Bankers Association is looking for more oversight of digital currency companies. Plus, ForwardAI has rolled out its ForwardAI Precise...
Tasnim Ghiawadwala has been named as head of Citi Commercial Bank (CCB). Ghiawadwala succeeds Sunil Garg, who was recently appointed to serve as Citibank, N.A.’s CEO and chair of the risk and controls project group of the firm’s transformation effort, according to an announcement from...
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In today’s top news in digital-first banking, Ally is collaborating with Microsoft to advance quantum computing’s role in the financial services sector, while Norway is looking into central bank digital currencies (CBDCs). Plus, Credit Suisse Group AG posted a 31 percent year-over-year rise in net...
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In today’s top news in digital-first banking, FintechOS has notched$60 million in a Series B funding round, while Citi has collaborated with Mastercard to expand its payment exchange options for institutional clients. Plus, AccessPay is at work on a new treasury solution that is fueled...
More than 161 million U.S. consumers are expected to use digital channels for banking by the end of 2021, but financial institutions (FIs) with back-end systems that are not up to snuff can struggle to handle this colossal demand. In this month’s Digital-First Banking Tracker,...
It would be difficult to find something more universally hated among banking consumers than overdraft fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
In today’s top news in digital-first banking, Philip Drury has been chosen to lead an investment banking group for Citigroup that is focused on firms in telecom, data, entertainment, media and tech, while the United Kingdom is looking at the benefits of a so-called “Britcoin”...