pymnts Profile:
Citigroup Inc. (NYSE: C)
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City.
Citi Executive Warns Rate Cap Would Kill Credit for Lower-Income Consumers
February 11, 2026
The Trump Administration’s proposed 10% cap on credit card interest rates would harm access to credit as well as consumer spending in several sectors of the economy, Citi’s head of U.S. ...Read moreCiti Argues Tokenized Deposits Belong at the Core of Finance
February 6, 2026
Watch more: The Digital Shift With Citi’s Biswarup Chatterjee As blockchain infrastructure inches closer to the core of global finance, a consequential debate is taking shape inside banks and among institutional ...Read moreCiti Says Crypto Bill Could Be Delayed Beyond 2026
January 30, 2026
Citi analysts said the CLARITY Act could still pass this year, although there is a growing chance it could be delayed beyond 2026, CoinDesk reported Friday (Jan. 30). The cryptocurrency bill’s ...Read moreWhy 2026 May Be Blockchain’s Maturity Test, Not Its Breakout Year
January 29, 2026
Explore more conversations like this From the Block. Few sectors may have as much to look forward to in 2026 as blockchain does. This year, five predictions dominate the digital asset conversation, ...Read moreCiti Analysts Say Ethereum Transaction Trends Suggest ‘Address Poisoning’ Scams
January 22, 2026
A recent pattern of transactions on the decentralized blockchain network ethereum suggests that scammers have launched an “address poisoning” campaign, CoinDesk reported Thursday (Jan. 22), citing Citi analysts. An address poisoning ...Read moreBank of America and Citi Consider Offering Credit Cards With 10% Interest Rate
January 22, 2026
Bank of America and Citigroup are reportedly considering offering credit cards with a 10% interest rate in response to President Donald Trump’s demand for a cap on rates. This is one of multiple options that ...Read moreCitigroup’s Fraser Says Rate Cap Would Restrict Access to Credit
January 20, 2026
Citigroup Chair and CEO Jane Fraser said Tuesday (Jan. 20) that she does not expect Congress to support the 10% cap on credit card interest rates proposed by President Donald ...Read moreRegulators Rewrite How Blockchain Gets Built
January 19, 2026
For much of blockchain’s commercial life, regulation functioned as a question mark rather than a framework. Financial institutions monitored developments, commissioned pilot projects and waited for clarity that rarely arrived in ...Read moreEarnings Show Banks Turning Transaction Banking Into a Platform Business
January 16, 2026Some of the world’s largest banks posted their final earnings for the 2025 fiscal year this week. The most surprising narrative from firms like Citigroup, JPMorgan Chase, Bank of America, BNY, ...Read moreCitigroup Sees 84% Jump in Fees From M&A Deals
January 14, 2026
Last year saw merger and acquisition (M&A) deals climb to an almost record high. That, in turn, led to record revenues for Citigroup, according to fourth-quarter 2025 earnings results reported by ...Read more
Tokenized Securities Move Closer to Mainstream Finance After New Guidance
March 6, 2026
Innovation versus regulation is no longer the defining framework of the blockchain finance space. Instead, as a Thursday (March 5) technical clarification issued jointly by the Office of the Comptroller of ...Read moreGlobal Stablecoin Boom Draws Regulators Into the Fight Against Fraud
March 5, 2026
When stablecoin skeptics press the industry on what, exactly, are the benefits of the digital dollars, cross-border payments are typically one of the first answers. Companies from FinTech startups to global ...Read moreCrypto Meets the Fed’s Core Payments System
March 4, 2026
The financial system in the United States can be separated into two periods. One period, the historical one, existed up until Tuesday (March 3). During this period, access to the Federal ...Read moreStandard Chartered Picks JPMorgan Vet Naveen Mallela to Run Payments Unit
March 4, 2026
Standard Chartered named JPMorgan Chase’s former blockchain unit leader to oversee its payments business. Naveen Mallela will become the bank’s global head of payments starting May 4, according to a Wednesday ...Read moreIndia’s PhonePe Aims For $10.5 Billion Valuation in IPO
March 4, 2026
Indian payments platform PhonePe reportedly hopes to go public at a valuation of $9 billion to $10.5 billion. This indicates that the Walmart-backed company will raise around $900 million to $1.05 ...Read moreCoinbase CEO Wins Trump’s Support in Crypto Bill Battle
March 4, 2026
Coinbase has reportedly gotten the White House’s backing in a battle over pending cryptocurrency legislation. President Donald Trump met Tuesday (March 3) with Coinbase CEO Brian Armstrong before publicly siding with ...Read morePaysafe Digital Wallet Users Grow 6% to 7.8 Million in 4Q
March 3, 2026
Growth in eCommerce, iGaming and digital wallets shaped Paysafe’s fourth quarter, offering a counterweight to some softness in its SMB channel and setting an optimistic tone from management on the ...Read moreNY Fed: Banks Holding Stablecoin Deposits Are Lending Less
March 3, 2026
As digital dollars move onto blockchains, what happens to the banks that still sit at the center of the financial system? That was the question at the center of a new ...Read morePayPay Aims to Raise $1.1 Billion in US IPO
March 3, 2026
PayPay reportedly hopes to raise up to $1.1 billion when it goes public. That’s according to a report Tuesday (March 3) from Bloomberg News, which says it would be the largest ever initial public ...Read moreFinTechs Strengthen Compliance as Embedded Finance Expands
March 3, 2026
Embedded finance has shifted from a differentiator to a baseline capability across the FinTech sector. Every financial technology firm surveyed reports offering at least one embedded finance feature, as we’ve ...Read more
Tokenized Securities Move Closer to Mainstream Finance After New Guidance
March 6, 2026Innovation versus regulation is no longer the defining framework of the blockchain finance space. Instead, as a Thursday (March 5) technical clarification issued jointly by the Office of the Comptroller of ...Read moreGlobal Stablecoin Boom Draws Regulators Into the Fight Against Fraud
March 5, 2026When stablecoin skeptics press the industry on what, exactly, are the benefits of the digital dollars, cross-border payments are typically one of the first answers. Companies from FinTech startups to global ...Read moreFed Data Shows Labor Economy Anchoring Consumer Spending
March 4, 2026
The latest Federal Reserve Beige Book, released on Wednesday (March 4), describes a U.S. economy advancing at a restrained pace, a finding that corresponds with PYMNTS Intelligence data showing that ...Read moreDOJ Investigates Major Fertilizer Producers Over Possible Price Coordination
March 4, 2026
The US Department of Justice has opened an investigation into whether several major fertilizer manufacturers coordinated to increase prices in the American market, according to Bloomberg, citing people familiar with the ...Read moreStates Test AI Agents to Speed Up Government Services
March 4, 2026
Several state governments plan to shift from using generative artificial intelligence (AI) to using agentic AI, according to a professional association representing state chief information officers and technology executives and ...Read moreCrypto Meets the Fed’s Core Payments System
March 4, 2026The financial system in the United States can be separated into two periods. One period, the historical one, existed up until Tuesday (March 3). During this period, access to the Federal ...Read moreStandard Chartered Picks JPMorgan Vet Naveen Mallela to Run Payments Unit
March 4, 2026Standard Chartered named JPMorgan Chase’s former blockchain unit leader to oversee its payments business. Naveen Mallela will become the bank’s global head of payments starting May 4, according to a Wednesday ...Read moreIndia’s PhonePe Aims For $10.5 Billion Valuation in IPO
March 4, 2026Indian payments platform PhonePe reportedly hopes to go public at a valuation of $9 billion to $10.5 billion. This indicates that the Walmart-backed company will raise around $900 million to $1.05 ...Read moreCoinbase CEO Wins Trump’s Support in Crypto Bill Battle
March 4, 2026Coinbase has reportedly gotten the White House’s backing in a battle over pending cryptocurrency legislation. President Donald Trump met Tuesday (March 3) with Coinbase CEO Brian Armstrong before publicly siding with ...Read morePaysafe Digital Wallet Users Grow 6% to 7.8 Million in 4Q
March 3, 2026Growth in eCommerce, iGaming and digital wallets shaped Paysafe’s fourth quarter, offering a counterweight to some softness in its SMB channel and setting an optimistic tone from management on the ...Read more
Off-Price Retailer TJX Accelerates Brick-and-Mortar Expansion Plan
February 27, 2026
The TJX Companies plans to add 146 net new stores during its fiscal year 2027, which ends Jan. 31, 2027, increasing its store count by about 3%. The retailer’s plans include 104 ...Read moreTop-Tier Malls Attract Shoppers and Capital as Others Face Demolition
February 18, 2026
Walk into a top-tier mall in a high-income suburb right now and you can still feel echoes of the holiday rush: full parking decks, busy food halls and steady lines ...Read moreAmazon Plans Second Big-Box Store Near Chicago
February 17, 2026
Amazon has proposed a second big-box store in the Chicago area, Mass Market Retailers (MMR) reported Tuesday (Feb. 17), citing a paywalled article in the Chicago Tribune. The company submitted to ...Read moreAmazon and Walmart Deepen Healthcare Push With Prescription Delivery and Telehealth Expansion
February 12, 2026
What used to be a retail war between Amazon and Walmart is now a platform war over who embeds themselves deepest into consumers’ daily routines. Over the past week alone, a ...Read moreHalf of Retail Small Businesses Rely on Daily Sales to Stay Afloat
February 12, 2026
A growing share of retail small businesses are not planning for the next downturn so much as financing their way through the next week, and PYMNTS Intelligence data showed just ...Read moreGoogle Weaves New Shopping Feature Into Search and Gemini
February 11, 2026
Google is reportedly offering users new ways to shop while seeking AI-powered answers. The company has begun testing new ad formats on its search AI mode that lets retailers offer products ...Read moreAhold Delhaize Sees US Online Grocery Sales Jump 22%
February 11, 2026
Ahold Delhaize saw quarterly digital sales surge as more American consumers do their grocery-buying online. The supermarket conglomerate released earnings Wednesday (Feb. 11) showing revenues up 6.1%, driven in part by ...Read moreQVC Weighs Bankruptcy as $6.6 Billion Debt Looms
February 10, 2026
Television shopping network QVC Group has held confidential talks with creditors to restructure its debt in bankruptcy, Bloomberg reported Tuesday (Feb. 10), citing unnamed sources. The company, which owns the TV channels QVC and HSN, has ...Read moreWalmart Names New CEO as Retail Moves From Shelves to Software
February 3, 2026
The world’s newest trillion-dollar company also has a new CEO. And no, it’s not Disney. And while trillion-dollar market caps might bring to mind visions of big tech hyperscalers, it’s not ...Read morePepsiCo Cuts Snack Prices as Affordability Pressures Reshape Grocery Spending
February 3, 2026
PepsiCo is moving to lower prices on some of its best-known snack brands, citing mounting consumer affordability concerns as households head into the NFL’s Super Bowl week. The food and beverage ...Read more