Search results for "Citibank"
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1.4KAlternative FinancesKlarna Chief Claims Six Million New Customers Per Year
December 12, 2019The CEO of online split payments company Klarna, Sebastian Siemiatkowski, gave a lengthy interview to a news outlet about the future of...
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3.9KDigital PaymentsDiscover Launches P2P Payments
October 28, 2019Discover Bank has announced that customers of its savings and money market accounts can now use the Zelle network for person-to-person (P2P)...
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6.0KB2B PaymentsCiti On Supply Chain Finance In An Age Of (Global) Uncertainty
October 21, 2019Trade wars. Tariffs. Brexit. Beyond the headlines and stock market gyrations, beyond the speeches from politicians and academics, lies the very real...
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5.5KCross Border CommercePingPong: Why Doing Payments Globally Is All About Thinking Locally
October 10, 2019The appeal of the global market for both eCommerce buyers and sellers needs little explanation or introduction. As billions of consumers all...
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3.2KEconomyCredit Card Interest Rates Rise To Near-Record Levels
October 09, 2019The average interest rates on credit cards are nearing record levels, in spite of a 50-basis-point decline on a 10-year note yield....
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2.6KInvestmentsRobinhood Relaunches Checking Feature With 2 Pct. APY
October 08, 2019Stock trading app Robinhood, which offers no-fee trading, is relaunching a checking feature called Cash Management after it was previously shelved due...
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3.3KPartnerships / AcquisitionsCiti Teams With Cachematrix To Revamp Online Investing Experience
October 08, 2019Citi is leveraging a newly formed strategic partnership with Cachematrix to create an online investment gateway for money market funds (MMF), Citi...
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3.0KAmazonAmazon Expands US Grocery Footprint
October 02, 2019Online retail giant Amazon has announced that it is going to open grocery stores all across the United States, starting with neighborhoods...
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6.1KPayments InnovationCiti On Treasury’s Real-Time Reality
September 19, 2019Treasury management is becoming a job done in real time, as business is done across borders and time zones. Ron Chakravarti, Treasury...
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3.6KB2B PaymentsWEX Opens FI Commercial Payments Services Unit
September 18, 2019Commercial payments company WEX is adding a new business segment under its Corporate Payments division, created to address the payments needs of...
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3.8KBankingUS Bank Dials Back Growth Forecasts
September 12, 2019To reflect the upcoming adoption of new accounting standards as well as lower interest rates, U.S. Bancorp cut its growth outlook in...
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2.1KB2B PaymentsTop Banks Adjust Asia Strategy To Support Corporate Clients
August 29, 2019Some of the world’s largest banks are adjusting their strategies in Asia in order to strengthen their support of corporate and small...
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5.0KLoansCiti Pilots Credit Card Installment Loans Down Under
August 18, 2019Citi Australia wants in on the burgeoning buy now, pay later market and is launching a new installment loan product with Kogan...
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6.3KConsumer FinanceCitibank Sees Credit Card Charge Offs, Delinquency Rates Spike
August 15, 2019Citigroup reported that its July credit-card delinquency rate increased to 2.91 percent in July, up from 2.56 percent in June. The lender’s three-month average...
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5.8KLatin AmericaStripe Opens Office In Mexico City
August 06, 2019Payments startup Stripe has announced that it’s opening up an office in Mexico City to take advantage of opportunities for growth in...
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4.0KInternationalThe B2B Marketplace Fix For FX In Emerging Markets
August 02, 2019Cross-border trade brings with it inefficiencies in cross-currency transactions, especially for firms in emerging markets. Liquidity and transparency are lacking for so...
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3.4KPersonnelBill.com Snags Ex-PayPal Exec As Partnerships Leader
August 01, 2019Bill.com has tapped former PayPal executive Josh Goines to lead its strategic relationships with technology companies. As senior vice president of strategic...
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3.6KPayment MethodsHouzz To Launch First Credit Card, Co-Branded With Mastercard
July 30, 2019Home remodeling and design platform Houzz Inc. is launching its first private-label credit card with Mastercard and Alliance Data. The Houzz Mastercard...
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2.9KSizzle/FizzleLibra A Sizzle … For Scammers?
July 26, 2019And now, the Libra lure. Amid the controversy of a cryptocurrency proposed by Facebook, news comes this week that, per an investigation...
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4.2KRegulationHuawei Blacklist Could Impact 5G Standards
June 10, 2019The 5G standards body has warned that a ban on Huawei could have “a dramatic impact” on future standardization, while analysts believe...
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1.8KInternationalPaytm Eyes Insurance Marketplace Coverfox
June 03, 2019Paytm, the Indian payments company backed by SoftBank, is reportedly in late-stage discussions to buy Coverfox, the Indian insurance marketplace. According to...
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2.7KPayment MethodsCards Taking Over Cash In Emerging Economies
May 22, 2019In several emerging nations, where disposable income may be on a general uptrend, lumpy though that trend may be, as cash use is...
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4.9KPayments InnovationCiti: Why And How To Bring More Collaboration To Payments
May 22, 2019There is no “i” in team — every coach’s mantra. Guess what, though? That’s only half the story when it comes to...
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7.6KPartnerships / AcquisitionsCitigroup, Paytm Launch Credit Card In India
May 14, 2019Citigroup is making a bigger push into India, partnering with Indian digital payments company Paytm to launch a credit card. As Reuters...
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2.2KEarningsMastercard: X-Border Volume Up Mid-Teens In 2019
May 01, 2019Mastercard’s results continued a string of double-digit gains in transaction count, growth in card count and, of particular note, continued traction in...
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5.1KEarningsCiti’s Earnings Pick Up 11 Pct Year On Year
April 15, 2019While investors were ultimately bucked up by a buyback, results were missed when Citigroup reported earnings earlier on Monday (April 15). By...
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5.9KDigital BankingHow Friendly Friction Builds Better Banking Experiences
April 04, 2019Consumers’ preferences are undeniably shifting digitally when it comes to banking and financial services. According to a recent study by Citibank, 31 percent...
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4.3KData DiveData Dive, Spring Blooms Edition: Apple, Citi And Square
April 01, 2019April has arrived, and once we’ve sorted out the various pranks, we can all take a minute to appreciate that winter is...
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8.8KArtificial IntelligenceCan AI Turn Banks Into FinTech Firms?
March 28, 2019There are no incumbent banks that are not paying attention to what the challenger banks are doing. What might have been written off even five years...
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10.2KDigital PaymentsCiti Launches Digital Consumer Payments Platform
March 26, 2019Citi’s Treasury and Trade Solutions, a unit of Citi, announced Tuesday (March 26) it is developing a new business unit that will...
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10.0KDataWill Consumers Want To Monetize Their Own Data?
March 18, 2019If headlines are any indication, data breaches have made off with consumers’ most sensitive bits of information, such as Social Security numbers,...
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5.9KAPICross-Border Payments’ Pre-Validation Push
March 01, 2019One mistyped account number can bring cross-border payments to a grinding halt — incurring fees and delays along the way. In February’s...
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9.0KAPICiti: Pre-Validation Can Speed Cross-Border Payments
February 28, 2019Demand for real-time payments is on the rise around the globe, and financial, tech and retail players are angling for a chance...
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6.6KDigital PaymentsCiti Launches Digital Payment Service For Rent, School Expenses
February 26, 2019Citigroup, the U.S. banking giant, announced on Tuesday (Feb. 26) the launch of a new service that lets users pay their rent and...
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5.2KBankingOnline Shift Trims Citi’s Russian Bank (Branches)
January 24, 2019Regulatory oversight may have the impact of reducing some banks’ physical footprint abroad. To be specific, that may be the case in...
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4.6KB2B PaymentsAPI Exchange Debuts In Hong Kong
January 17, 2019More than 200 APIs will be made available from more than a dozen banks in Hong Kong through JETCO, backed by Union...
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Citigroup
January 14, 2019 -
4.6KEarningsCiti Weathers Trading Volatility as Mobile Efforts Gain Traction
January 14, 2019Citigroup’s trading business may have been the focus on Monday (Jan. 14) upon releasing fourth-quarter results – injecting a bit of volatility...
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5.8KB2B PaymentsHow Vendors Can Lower The Cost (And Risks) Of Card Acceptance
November 20, 2018With payment bigwigs like Visa, Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven...
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6.1KB2B PaymentsP-Cards Not Reaching Their Full Procurement Potential
November 19, 2018To recognize progress, sometimes it’s necessary to look back. That’s what researchers Dr. Mahendra Gupta and Richard J. Palmer did for their “P-card...
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3.9KBankingSMBs Say Banks Don’t Appreciate Their Business
October 29, 2018A new survey has found that small businesses aren’t feeling the love from their banks. According to the J.D. Power 2018 U.S....
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4.2KEarningsJPMorgan Reports Growth In Card Spend, Mobile Users
October 12, 2018JPMorgan posted results on Friday (Oct. 12) that beat the Street on headline numbers – top and bottom – based on traction...
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7.4KEarningsCitigroup Beats Earnings Expectations, But Misses On Revenue
October 12, 2018It was a better than expected showing when Citibank reported, with earnings coming in stronger than anticipated, buttressed by a lower corporate...
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6.3KB2B PaymentsSurvey Shows EU Treasurers Find PSD2 Irrelevant
October 02, 2018The European Union’s (EU’s) updated Payment Services Directive (PSD2) and Open Banking regulations have been hailed as having widespread impacts on the...
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4.4KPayments InnovationFaster Payments Go Live In Hong Kong
September 27, 2018Hong Kong has launched the Faster Payments System (FSP), which allows users to send money almost instantly using a mobile number or...
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9.8KSecurity & FraudIn The Drive To Modernize Treasury Ops, Mind The Gap
September 25, 2018All business investment involves trade-offs. When it comes to cash management, figuring out what is "nice to have" versus "need to have"...
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9.9KRetailNational Retail Federation Projects Halloween Spending Will Hit $9B
September 21, 2018Just under last year’s record $9.1 billion in Halloween spending, the National Retail Federation’s (NRF’s) annual survey projects spending for the occasion...
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Typhoon Won’t Delay Hong Kong’s Real-Time Payment Launch: HKMA
September 19, 2018Financial service providers in Hong Kong are readying to facilitate real-time payments for both corporate and non-corporate customers as the market’s Faster...
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7.5KBankingCitibank Agrees To Settle SEC ‘Dark Pool’ Claims For $12M
September 14, 2018To settle allegations involving its premium “dark pool” called Citi Match, Citigroup will pay more than $12 million in “disgorgement and penalties.”...
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1.2KSmarter PaymentsSearching For Payments Infrastructure Ubiquity
August 31, 2018Making payments move faster cross-border is something of an old refrain. But Manish Kohli, Citi’s Treasury and Trade Solutions head, says speed...
