Citibank news and trends

With Bitcoin at Record High, Smaller Banks Face Urgent Crypto Decisions

May 21, 2025
cryptocurrency tokens and cash
Report: Papaya Global Adds Citi as Sponsor Bank
Cross-border Payments // March 10, 2025

Payroll payments provider Papaya Global reportedly added Citibank as a sponsor bank, joining the company’s other sponsor, JPMorgan Chase. The relationship with Citi will enable Papaya Global to expand to new geographic regions, Payments Dive reported Monday (March 10), citing its interview with Papaya Global CEO Eynat Guez. With the addition...

Judge Rules New York Lawsuit Against Citibank Can Proceed
Fraud Prevention // January 21, 2025

Citibank will have to face a New York state lawsuit alleging that it failed to protect and reimburse victims of fraud. A federal judge rejected the bank’s request to dismiss the lawsuit, Reuters reported Tuesday (Jan. 21). Citibank had argued that the law under which...

Citi Contends With Mobile App Outage, Directs Users to Website
Banking // January 15, 2025

Citibank has resolved an outage of its mobile app about a day after it was first reported. The official U.S. customer service account of Citi shared this update in a post on X Thursday (Jan. 16) at 5:44 a.m. Pacific time. “Our mobile app is operational now,” the...

Digital, Deposits and Delinquencies in Focus as Banks Kick Off Earnings Season
Earnings // January 13, 2025

Every three months, some of the biggest names in banking report earnings, all on the same day, kicking off an avalanche of quarterly reports across all manner of sectors. The roster is almost always the same: JPMorgan — the largest bank by assets — Citigroup and...

Interviews & Exclusives
With Bitcoin at Record High, Smaller Banks Face Urgent Crypto Decisions

May 21, 2025
New rules for cryptocurrency could be around the corner in the U.S., and in many ways the industry is already preparing for its fully-mainstream debut. There are few more telling signs of the shift the crypto landscape has undergone than the fact that JPMorgan Chase, as of Monday (May 19), now offers its clients access […]

Digital, Deposits and Delinquencies in Focus as Banks Kick Off Earnings Season

January 13, 2025
Every three months, some of the biggest names in banking report earnings, all on the same day, kicking off an avalanche of quarterly reports across all manner of sectors. The roster...

SVB Shutters and Banks Drag CE 100 Index 6.7% Lower

March 13, 2023
The CE 100 Stock Index lost 6.7% as Silicon Valley Bank collapsed during a dramatic week that raises questions about FinTechs and startup funding. It remains unclear what the ripple...

Comerica Bank: Finding The Digital Fix For Accounts Receivables

August 17, 2020
The COVID-19 pandemic has made businesses and banks race to find solutions for immediate problems in recent months, but these firms must also consider how the pandemic could affect their...

Quick Reads
Report: Papaya Global Adds Citi as Sponsor Bank

March 10, 2025
Payroll payments provider Papaya Global reportedly added Citibank as a sponsor bank, joining the company’s other sponsor, JPMorgan Chase. The relationship with Citi will enable Papaya Global to expand to new geographic regions, Payments Dive reported Monday (March 10), citing its interview with Papaya Global CEO Eynat Guez. With the addition of Citi as a sponsor, Papaya Global will keep enhancing […]

Judge Rules New York Lawsuit Against Citibank Can Proceed

January 21, 2025
Citibank will have to face a New York state lawsuit alleging that it failed to protect and reimburse victims of fraud. A federal judge rejected the bank’s request to dismiss...

Citi Contends With Mobile App Outage, Directs Users to Website

January 15, 2025
Citibank has resolved an outage of its mobile app about a day after it was first reported. The official U.S. customer service account of Citi shared this update in a post on X...

Citi Turns to Google Cloud to Update AI and Digital Strategy

October 28, 2024
Citi has teamed with Google to use artificial intelligence (AI) and cloud technology to bolster its digital strategy. The collaboration, announced Monday (Oct. 28), is designed to use Google Cloud’s...