Citi

Closing the Books on the Global Challenge of X-Border Accounting
Closing the Books on the Global Challenge of X-Border Accounting
February 06, 2024  |  Cross Border Commerce

One of the biggest challenges to account for in cross-border payments is, well, the accounting. It’s a silent but often deadly snarl that can tangle...

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New York Sues Citi for Allegedly Failing to Protect and Reimburse Fraud Victims
New York Sues Citi for Allegedly Failing to Protect and Reimburse Fraud Victims
January 30, 2024  |  Legal

New York Attorney General Letitia James accused Citi of failing to protect fraud victims. In a lawsuit filed Tuesday (Jan. 30), the state’s top prosecutor...

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New Report Examines Impact of Cross-Border Payments on Business Growth
New Report Examines Impact of Cross-Border Payments on Business Growth
January 30, 2024  |  Cross-border Payments

In an era of disruptive technologies, cross-border payments are quietly undergoing a revolution. The emerging paradigm centers around cost-effective, real-time payment options with maximum visibility...

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Credit Card Delinquencies Keep Hovering Above Pre-COVID Levels
Credit Card Delinquencies Keep Hovering Above Pre-COVID Levels
January 29, 2024  |  Credit Cards

America’s credit card companies ended December with delinquencies and charge-off rates essentially unchanged from November. And as a Monday (Jan. 29) Seeking Alpha report notes,...

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Citi Launches Browser Extension That Finds Coupons, Promo Codes
Citi Launches Browser Extension That Finds Coupons, Promo Codes
January 23, 2024  |  Retail

Citi launched a new browser extension designed to help consumers save money while shopping online. The free tool, Citi Shop, is available to eligible U.S....

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Investment Banks Seek to Win Back Private Credit Loans
Investment Banks Seek to Win Back Private Credit Loans
January 22, 2024  |  Loans

Investment banks are reportedly trying to win back leveraged finance deals from the private credit space. Banks such as Goldman Sachs, Citi and Barclays are among the banks in talks...

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Failed Payments in Cross-Border Sales Is an Unresolved Problem
Failed Payments in Cross-Border Sales Is an Unresolved Problem
January 22, 2024  |  eCommerce

Online commerce carries a number of risks related to digital fraud and payment failure that can result in lost sales and an erosion of brand...

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Citi and LuminArx Team to Issue Private Credit
Citi and LuminArx Team to Issue Private Credit
January 18, 2024  |  Loans

Citi and LuminArx have introduced a financing tool for the private lending market. Cinergy, launched Thursday (Jan. 18) by the banking giant and the investment manager, will...

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DailyPay Raises $175 Million to Expand On-Demand Pay Platform
DailyPay Raises $175 Million to Expand On-Demand Pay Platform
January 18, 2024  |  Investments

On-demand pay company DailyPay has secured $175 million in funding, resulting in a 75% increase in the company’s valuation to $1.75 billion. This funding includes...

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