Citi introduced Real-Time Funding (RTF), part of its real-time treasury solutions for corporate customers. “Citi RTF enables the automated movement of funds between cross-border accounts...
At a time of higher interest rates and heightened market volatility, actionable insights and forecasting take on greater importance for corporate treasury teams. For example,...
Citi has reportedly announced in an internal memo the departure of two executives, including one who implemented the bank’s recently completed restructuring. Titi Cole, who was...
Citi is enhancing its Premier credit card to offer new benefits and protections for travelers. The banking giant’s Strata Premier card, announced Monday (May 13), offers increased...
The U.S. financial system is exploring the use of shared ledger technology for multi-asset transactions. The project will involve a number of high-profile financial institutions...
We may be witnessing the beginnings of a great pullback in consumer spending. At least in some areas. As paycheck-to-paycheck living remains a reality for most U.S. consumers,...
The amount of data now being generated by consumers is testing the constraints of the dictionary. Only 10 years ago it was measured in terabytes, which is a trillion bytes. But now...
Consumers are becoming more cautious in their spending, Citi CEO Jane Fraser said Tuesday (April 30). Speaking at the bank’s annual meeting, Fraser told shareholders that while consumers remain...
For America’s biggest banks, deposit costs are exceeding interest income. That’s the first time that’s happened since the Federal Reserve began increasing rates two years...