Citi will become the exclusive issuer of the American Airlines co-branded card portfolio, AAdvantage, in 2026, having reached an agreement to acquire the Barclays American Airlines Co-branded Card portfolio. Citi and American Airlines, which have had a co-branded partnership for more than 37 years, have...
Citi made a minority investment in mortgage infrastructure provider Pylon. In addition, the companies are working together to provide Pylon customers with direct access to Citi’s institutional-grade products and rates by integrating the liquidity offered by Citi’s mortgage trading desk directly into the Pylon platform,...
Healthcare is among the largest and most complex of industries in the United States. As estimated by the Centers for Medicare and Medicaid Services, the sector accounts for more than $4.3 trillion in spending and more than 17% of total U.S. GDP, as measured in...
Treasurers play a vital role in healthcare firms by managing liquidity and influencing financial health. But how often is their expertise underutilized due to limited interdepartmental collaboration? Healthcare treasurers report significant barriers preventing them from fully contributing to strategic decisions. The consequences? Reduced cash flow...
November 25, 2024
Healthcare is among the largest and most complex of industries in the United States. As estimated by the Centers for Medicare and Medicaid Services, the sector accounts for more than $4.3 trillion in spending and more than 17% of total U.S. GDP, as measured in 2022. PYMNTS Intelligence has chronicled the aches and pains of […]
November 22, 2024
Treasurers play a vital role in healthcare firms by managing liquidity and influencing financial health. But how often is their expertise underutilized due to limited interdepartmental collaboration? Healthcare treasurers report...
November 20, 2024
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, cross-border transactions are still fraught...
October 15, 2024
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 sectors like consumer goods. Their...
December 05, 2024
Citi will become the exclusive issuer of the American Airlines co-branded card portfolio, AAdvantage, in 2026, having reached an agreement to acquire the Barclays American Airlines Co-branded Card portfolio. Citi and American Airlines, which have had a co-branded partnership for more than 37 years, have also extended that partnership for another 10 years, the companies […]
November 26, 2024
Citi made a minority investment in mortgage infrastructure provider Pylon. In addition, the companies are working together to provide Pylon customers with direct access to Citi’s institutional-grade products and rates...
November 13, 2024
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 Bank of Shanghai’s TourCard —...
October 28, 2024
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 Bill (CDB) is now available...
