Citi

Citi Streamlines Retail Offering as Personal Banking Income Grows 11%
Citi Streamlines Retail Offering as Personal Banking Income Grows 11%
August 23, 2023  |  Banking

Citi has introduced a series of new offerings designed to streamline its retail banking business. The new services, announced Wednesday (Aug. 23), come weeks after the banking giant...

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Commercial Card Adoption Poised to Rise as Acceptance Costs Decrease
Commercial Card Adoption Poised to Rise as Acceptance Costs Decrease
August 22, 2023  |  B2B Payments

Commercial card adoption, long sidelined by businesses because of cost concerns, is experiencing a renewed interest in business-to-business (B2B) transactions. The primary drivers of this...

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Citi Ventures’ Zec: ReCommerce Helps Luxury Brands See Second-Life Revenues
Citi Ventures’ Zec: ReCommerce Helps Luxury Brands See Second-Life Revenues
August 18, 2023  |  Merchant Innovation

Etsy, eBay and Craigslist marked the “first generation” of ReCommerce sites — where anybody could sell just about anything to anyone.  Etsy, Poshmark and Depop...

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Banks’ Cautious Approach to Generative AI Is More Internal Than Customer-Facing
Banks’ Cautious Approach to Generative AI Is More Internal Than Customer-Facing
July 25, 2023  |  artificial intelligence

Generative artificial intelligence (AI) has quickly become one of the most important topics of our time, and global banks are beginning to explore the possibilities...

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Citi Debuts Working Capital Loans for Commercial Clients
Citi Debuts Working Capital Loans for Commercial Clients
July 19, 2023  |  Loans

Citi says it wants to help its commercial banking clients meet their working capital needs. The banking giant on Wednesday (July 19) announced the launch...

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Data Preparedness Will Define Tomorrow’s Industry Laggards Vs. Leaders
Data Preparedness Will Define Tomorrow’s Industry Laggards Vs. Leaders
July 18, 2023  |  Data

In today’s digital era, business success is built on bits and bytes of information.  That’s because, typically speaking, more data leads to better products, which...

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Deposits, Consumers and Digital Channels in Focus as Bank Earnings Get Underway
Deposits, Consumers and Digital Channels in Focus as Bank Earnings Get Underway
July 12, 2023  |  Earnings

It’s the middle of July, almost. And thus: Earnings season begins in earnest. As usual, a slew of big banks will kick things off, beginning...

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Citi Debuts Digital Platform for Commercial Banking Customers
Citi Debuts Digital Platform for Commercial Banking Customers
July 10, 2023  |  Digital Banking

Citi has launched a “single entry point” digital platform aimed at its commercial banking clients. The platform, dubbed CitiDirect Commercial Banking, gives customers a better view of...

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Citi Says AI Will Personalize Treasury and Power Data-Readiness Teams
Citi Says AI Will Personalize Treasury and Power Data-Readiness Teams
July 05, 2023  |  Artificial Intelligence

We are increasingly living in a data-driven economy, and businesses must keep up if they want to stay alive, much less compete. In today’s new...

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