Citi

Citi Sees Blockchain at Center of Borderless Commerce Initiative
Citi Sees Blockchain at Center of Borderless Commerce Initiative
November 20, 2024  |  Blockchain

If the payments landscape had a holy grail, it would be seamless cross-border payments. Unlike domestic payments, which are shifting toward a real-time, 24/7 model,...

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Citi and Bank of Shanghai Team on International Travel Payments
Citi and Bank of Shanghai Team on International Travel Payments
November 13, 2024  |  Travel Payments

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...

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Citi Begins Rollout of Integrated Digital Bill Discounting Solution
Citi Begins Rollout of Integrated Digital Bill Discounting Solution
October 28, 2024  |  Accounts Receivable

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...

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Citi Turns to Google Cloud to Update AI and Digital Strategy
Citi Turns to Google Cloud to Update AI and Digital Strategy
October 28, 2024  |  Digital Banking

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...

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Digital Upstarts Set Sights on Impacting Trade Finance
Digital Upstarts Set Sights on Impacting Trade Finance
October 22, 2024  |  Supply Chain

Back in 2019 — a lifetime ago, before the pandemic uprooted everything — PYMNTS published a report titled “The Trade Credit Dilemma,” spotlighting the $3.1...

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Earnings Season Gives Glimpse Into Big Banks’ Private Credit Ambitions
Earnings Season Gives Glimpse Into Big Banks’ Private Credit Ambitions
October 20, 2024  |  Banking

The big banks have weighed in this earnings season — not just on credit and debit, and consumer spending and Basel endgames … … they’ve...

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Citigroup CEO Sees ‘Surprisingly Resilient’ Global Consumer Spending
Citigroup CEO Sees ‘Surprisingly Resilient’ Global Consumer Spending
October 15, 2024  |  Earnings

Citigroup’s earnings Tuesday (Oct. 15) echo the sentiment of other banks that have reported in the past few days: Investment banking and trading revenues were...

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Tech Sector Cash Flows Hampered by Keeping Treasurers in the Dark
Tech Sector Cash Flows Hampered by Keeping Treasurers in the Dark
October 15, 2024  |  Technology

Technology industry treasurers face different challenges than their peers in other sectors. For example, only 50% report having strong influence in decision-making, far below other...

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Citi Debuts Token Services for Cash Cross-Border Payments Tool
Citi Debuts Token Services for Cash Cross-Border Payments Tool
October 10, 2024  |  Cross-border Payments

Citi says its Token Services for Cash program has gone live after a pilot phase. The new commercial solution, announced Thursday (Oct. 10), processes multimillion-dollar...

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