Citi news and trends

5 Blockchain Projects the World’s Biggest Banks Are Behind
Blockchain // January 10, 2025

While the cryptocurrency market continues to oscillate between hype and real-world potential, many of the world’s biggest banks have for years been quietly cutting their teeth on the technology that underpins it: blockchain. For at least the past few years, a handful of pilot initiatives...

Strategic Shifts and Key Takeaways: Financial Leaders Reflect on 2024
Payments Innovation // January 01, 2025

The year 2024 proved to be full of transformative shifts and strategic pivots. PYMNTS sat down with some of the industry’s most influential leaders, capturing insights that shaped the narrative of financial innovation. From the pressing need for robust compliance in an increasingly scrutinized FinTech...

Agentic AI and Personalized Shopping Experiences Will Dominate 2025
artificial intelligence // December 23, 2024

Tech executives and investors told PYMNTS that artificial intelligence will reshape retail shopping in 2025, with AI assistants offering unprecedented personalization and handling up to 20% of eCommerce tasks, from product recommendations to customer service. Industry leaders from Citi, Google Cloud and global tech investment...

Treasurers Stuck in Neutral as Commuter Transport Sector Speeds Ahead
Business // December 16, 2024

Companies have a lot to consider — the market, their employees, short-term implications, potential outcomes and more. In the mobility industry, the changing nature of how and why entities move means those decision-making processes involve a lot of volatility. And too often sector treasurers are...

Interviews & Exclusives
Citi Says Developer Portal Is Bank’s Innovation Accelerator

January 13, 2025
As platforms, corporates and financial institutions scale and bring personalized financial products and solutions to their end customers, application programming interfaces (APIs) are proving to be a critical lifeline. They connect third-party applications, data and developers to shorten the time to market for those innovations as developer teams help enable alternative payment methods, like virtual […]

Strategic Shifts and Key Takeaways: Financial Leaders Reflect on 2024

January 01, 2025
The year 2024 proved to be full of transformative shifts and strategic pivots. PYMNTS sat down with some of the industry’s most influential leaders, capturing insights that shaped the narrative...

Agentic AI and Personalized Shopping Experiences Will Dominate 2025

December 23, 2024
Tech executives and investors told PYMNTS that artificial intelligence will reshape retail shopping in 2025, with AI assistants offering unprecedented personalization and handling up to 20% of eCommerce tasks, from...

Healthcare Cash Crunch: Complex Payments and Sidelined Treasurers Strain Financial Health

November 25, 2024
Healthcare is among the largest and most complex of industries in the United States. As estimated by the Centers for Medicare and Medicaid Services, the sector accounts for more than...

Quick Reads
Citi Gets Exclusive on American Airlines Co-Branded Cards

December 05, 2024
Citi will become the exclusive issuer of the American Airlines co-branded card portfolio, AAdvantage, in 2026, having reached an agreement to acquire the Barclays American Airlines Co-branded Card portfolio. Citi and American Airlines, which have had a co-branded partnership for more than 37 years, have also extended that partnership for another 10 years, the companies […]

Citi Invests in Mortgage Infrastructure Provider Pylon

November 26, 2024
Citi made a minority investment in mortgage infrastructure provider Pylon. In addition, the companies are working together to provide Pylon customers with direct access to Citi’s institutional-grade products and rates...

Citi and Bank of Shanghai Team on International Travel Payments

November 13, 2024
Citi and the Bank of Shanghai have teamed to streamline payments for visitors to China. The payments solution announced by the two banks Wednesday (Nov. 13) is designed for the Bank of Shanghai’s TourCard —...

Citi Begins Rollout of Integrated Digital Bill Discounting Solution

October 28, 2024
Citi has launched an integrated digital bill discounting solution that it said helps users monetize receivables in less than an hour. The new Citi Digital Bill (CDB) is now available...