Citi

623 results about this entity

Period: 10 Jun 2010 - 11 Dec 2024

Banks bid to transform commodities trade finance with new blockchain platform

Some of the world's biggest banks, including Citi, MUFG and Societe Generale, have joined forces on a venture bidding to digitalise the trade and commodities finance sector through a blockchain-based open platform.

Citi creates group to invest in credit markets fintech firms

US banking giant Citi has set up a unit to invest in fintech startups working in credit markets, according to Bloomberg.

Citi lets credit card customers pay Spotify subscriptions with points

Citi has teamed up with Spotify to enable customers in Asia to use credit card points to pay their music streaming subscriptions.

Citi invests in TransFicc

TransFicc, a UK-based startup founded by former LMAX executives to address fragmentation in fixed income markets, has scored a strategic investment from Citi as part of a deal that will also see it join the US bank's London innovation lab.

Citi Commercial Cards forms alliance with Cvent

Cvent, Inc., a market leader in meetings, events and hospitality technology, today announced a strategic alliance with Citi®, the largest global issuer of self-owned and managed corporate cards, servicing more than 100 countries.

PayPal and Citi Ventures participate in $50 million PPRO funding round

London's PPRO Group has received a $50 million boost in a funding round led by PayPal, with participation from Citi Ventures and return investor HPE Growth Capital.

Citi launches digital proxy voting platform

Citi has teamed up with Computershare to launch an end-to-end digital proxy voting platform connecting issuers and investors for shareholder meetings.

Visa and Mastercard near $6.5bn interchange settlement - WSJ

Visa, Mastercard and some of America's biggest banks look set to pay merchants around $6.5 billion to settle a long-running battle over interchange fees, according to the Wall Street Journal.

10,000 jobs could be lost to robots says Citi

US bank Citi has warned that it could shed half of its 20,000 tech and ops staff in the next five years due to the rise of robotics and automation.

Citi Australia launches global currency account

Citi Australia today launched the Global Currency Account, an all-in-one global banking solution that combines the capabilities of a multi-currency bank account with that of a foreign currency debit card, giving convenience and control to the customer.

Citi spends more on tech than all VC investment in US fintech

The David and Goliath nature of the struggle between up-and-coming fintechs and the established banking world has been brought into sharp relief by Citi CEO Michael Corbat, who has revealed that his firm spent $8 billion on tech last year - a sum greater than that invested by VCs across the entire US financial technology startup scene during the same period.

Citi announces six Open Api partnerships in Hong Kong

Citi today announces six strategic partnerships with leading corporations in Hong Kong to accelerate the development of open Application Programming Interface (API) in the city and to make available easy and speedy banking services in response to consumers' increasingly digital lifestyle.