Welcome to Five at Five, your late look at payments and commerce news you might have missed. Today’s stories include a look at Saks and...
Sears Holdings and Citi have announced the extension of their 15-year co-brand and private label credit card relationship. The deal also includes long-term marketing arrangements,...
Global financial institution Citi is expanding its existing partnership with the Asian Development Bank (ADB) to share risk in trade finance transactions, reports in The...
Citi Ventures, the venture capital arm of Citi, has reportedly made an investment in B2B payments and receivables management company HighRadius, reports said Wednesday (Feb...
Citigroup’s headline numbers showed a sizable quarterly loss on the newly enacted tax law – but excluding that $22 billion charge and the resulting $18...
As more businesses join collaborative groups and invest in internal research and development (R&D) to explore using blockchain for new services, some firms have begun...
Citi has implemented what it calls a “blockchain-inspired” distributed ledger technology in its back-office to manage collateral in its ledger and send cash or securities,...
Citi’s Treasury and Trade Solutions is expanding its international ACH payments service capabilities for corporate customers. The financial institution announced news on Monday (Dec. 11) that...
Through an agreement with Citibank, corporate payments company WEX is now able to link government agencies to its fleet card solutions, according to an announcement...