Citi

Venmo Retains Dominance in PYMNTS’ Provider Ranking of Credit Card Apps
Venmo Retains Dominance in PYMNTS’ Provider Ranking of Credit Card Apps
September 21, 2023  |  Credit Cards

PYMNTS’ Provider Ranking of Credit Card Apps tracks the ever-changing landscape of credit card mobile applications each month. In the latest edition, ties from last...

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Cross-Border Payments Innovation Key to SMB Growth
Cross-Border Payments Innovation Key to SMB Growth
September 19, 2023  |  Cross-border Payments

Industries are defined by what customers do, not what companies produce. And if something doesn’t scale up across a global audience, then it isn’t worth much.  That’s...

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Citi Launches Digital Asset Solution for Cash Management, Trade Finance
Citi Launches Digital Asset Solution for Cash Management, Trade Finance
September 18, 2023  |  B2B Payments

Citi Treasury and Trade Solutions has unveiled a digital asset solution designed to enhance cash management and trade finance capabilities. By using blockchain and smart...

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Corporates Chase Payments Ubiquity in Bid for Cross-Border Expansion
Corporates Chase Payments Ubiquity in Bid for Cross-Border Expansion
September 18, 2023  |  Payment Methods

Citi TTS North America Head of Payments and Receivables Anupam Sinha told PYMNTS’ Karen Webster that 2023 has been a year where companies have focused on...

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CE 100 Index Adds 0.8% as Bank Sector Surges Amid Citi, Goldman Reshuffling  
CE 100 Index Adds 0.8% as Bank Sector Surges Amid Citi, Goldman Reshuffling  
September 18, 2023  |  Connected Economy

The Banking group, overall, was up 3.9%. And within that sector, several marquee names announced management changes or initiatives designed to revamp operations. Citi added...

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Citigroup Layoffs Focus on Support, Technology Staff
Citigroup Layoffs Focus on Support, Technology Staff
September 15, 2023  |  Banking

Citigroup has reportedly begun the layoff process after announcing a management overhaul on Wednesday (Sept. 13). Support staff in compliance and risk management at the bank...

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Citi Adds 4 Payment Solutions for Financial Institutions
Citi Adds 4 Payment Solutions for Financial Institutions
September 14, 2023  |  Payment Methods

Citi Treasury and Trade Solutions has unveiled a suite of payment solutions tailored for financial institutions (FIs), aiming to help them enhance their client experience. The...

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Citi Plans ‘Uncomfortable’ Cuts Amid Sweeping Reorganization
Citi Plans ‘Uncomfortable’ Cuts Amid Sweeping Reorganization
September 13, 2023  |  Economy

Citi says it is embarking on a major restructuring of its organization that eliminates a number of management layers. The new structure, announced Wednesday (Sept. 13), elevates the...

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Citi Backs Peruvian FX FinTech Rextie to Focus on Small Business Transactions
Citi Backs Peruvian FX FinTech Rextie to Focus on Small Business Transactions
August 24, 2023  |  Investments

Citi says it is investing in Peruvian foreign exchange (FX) FinTech Rextie.  “The investment makes Rextie Latin America’s first FX FinTech to receive an investment from one...

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