PYMNTS-MonitorEdge-May-2024

Citibank

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...

READ MORE >
Citibank Urges Dismissal of Lawsuit Alleging Failure to Prevent Fraud
Citibank Urges Dismissal of Lawsuit Alleging Failure to Prevent Fraud
October 08, 2024  |  Legal

Citibank lawyers urged a judge Tuesday (Oct. 8) to throw out a suit filed in January by New York Attorney General Letitia James that accuses...

READ MORE >
Citi Sees AI Impacting More Than Half Of All Finance Jobs
Citi Sees AI Impacting More Than Half Of All Finance Jobs
June 19, 2024  |  Personnel

Which industry’s job market will be most impacted by artificial intelligence (AI)? According to a new report by Citi, a little more than half —...

READ MORE >
SVB Shutters and Banks Drag CE 100 Index 6.7% Lower
SVB Shutters and Banks Drag CE 100 Index 6.7% Lower
March 13, 2023  |  Connected Economy

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...

READ MORE >
Big Banks Launch Syndicated Loan Platform Versana
Big Banks Launch Syndicated Loan Platform Versana
March 16, 2022  |  Loans

Versana, a loan platform founded by four of the world’s largest banks, announced its launch Wednesday (March 16), saying it wanted to bring “transparency, efficiency...

READ MORE >
Big Bank Earnings Show Consumer Spending’s Continued Resilience
Big Bank Earnings Show Consumer Spending’s Continued Resilience
January 17, 2022  |  Banking

As earnings season gets underway, a trio of big bank earnings points to variations on some themes: Consumers are still spending, loan losses seem manageable...

READ MORE >
Citi Names Bajaj as TTS’ Global Head of FI Sales
Citi Names Bajaj as TTS’ Global Head of FI Sales
November 03, 2021  |  Personnel

Ashish Bajaj will join Citi Treasury & Trade Solutions as Global Head of Financial Institutions (FIs) Sales, a press release says. There, his responsibilities will...

READ MORE >
Apple And Affirm Pair Up As The Buy Now, Pay Later Race Goes Global 
Apple And Affirm Pair Up As The Buy Now, Pay Later Race Goes Global 
August 04, 2021  |  Buy Now Pay Later

There’s never a slow moment in the buy now, pay later (BNPL) race, or even much of a lull between news events at this point....

READ MORE >
Today In Digital First Banking: Central Banks Of UAE, China Join CBDC Effort; State Bank Of India Signs Onto Liink
Today In Digital First Banking: Central Banks Of UAE, China Join CBDC Effort; State Bank...
February 24, 2021  |  Digital Banking

In today’s top news in digital-first banking, the central banks of China and the United Arab Emirates (UAE) are joining a digital currency initiative for cross-border...

READ MORE >