The big banks’ last best hope to undercut P2P pioneer and perennial millennial favorite Venmo got its newest convert — long time holdout Citibank. Citibank now...
“Alexa, can you pay by Citibank credit card statement?” This sentence just might be a reality soon. Citigroup’s FinTech unit is reportedly testing how it can...
The Consumer Financial Protection Bureau said Tuesday (Feb. 23) that it has taken two separate actions against Citibank, tied to both illegal debt sales and...
In FinTech, as in politics, circumstances can make for some strange bedfellows. Consider the evolving relationship between big banks and FinTech firms. Not long ago...
As Citigroup CEO Michael Corbat continues to restructure several of the bank’s businesses, nearly 2,000 employees will face layoffs starting next month. Late last week...
Building off what Citi calls a successful launch of its Citi Payment Exchange three years ago in the U.S., the bank has launched its payment-processing solution...
The Consumer Financial Protection Bureau (CFPB) is forcing Citibank to pay up big time to consumers harmed by illegal practices related to credit card add-on...