Citi

Citi Hits Snag With China Plans as Regulators Flag Data Issue
Citi Hits Snag With China Plans as Regulators Flag Data Issue
September 23, 2024  |  Banking

Citi’s plan to expand in China has reportedly hit a regulatory bump in America. The trouble stems from a penalty levied by the Federal Reserve against the banking...

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Report: American Airlines Considering Making Citigroup Sole Credit Card Partner
Report: American Airlines Considering Making Citigroup Sole Credit Card Partner
September 20, 2024  |  Travel Payments

American Airlines is reportedly considering consolidating its business with a single credit card partner, potentially by making Citigroup its exclusive partner and dropping Barclays. The...

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Bank SEC Filings Show Higher Delinquencies, Charge-Offs as Consumers Load Up on Card Debt
Bank SEC Filings Show Higher Delinquencies, Charge-Offs as Consumers Load Up on Card Debt
September 17, 2024  |  Credit Cards

U.S. consumers are taking on more card debt than has been seen in years. And in recent weeks, filings by several big banks show that...

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Citi Includes ‘Flex Pay’ Option on Its Travel Booking Platform
Citi Includes ‘Flex Pay’ Option on Its Travel Booking Platform
September 12, 2024  |  BNPL

Citi has launched its buy now, pay later (BNPL) offering, Citi Flex Pay, on its travel booking platform, Citi Travel. The combination of these offerings...

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Citigroup Says Demand for High-Growth Stocks Could Benefit Tech Companies
Citigroup Says Demand for High-Growth Stocks Could Benefit Tech Companies
September 10, 2024  |  Investments

A top Citigroup banker reportedly said that a handful of tech companies are considering going public on U.S. exchanges before the end of the year and...

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This Week in B2B Innovation: Riding the Digital Payments Wave
This Week in B2B Innovation: Riding the Digital Payments Wave
August 22, 2024  |  B2B Payments

The B2B landscape is undergoing a profound transformation, driven by a confluence of technological advancements, evolving business expectations, and the unrelenting push toward greater efficiency....

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Citi to Offer Network International Omnichannel Payment Acceptance Solutions
Citi to Offer Network International Omnichannel Payment Acceptance Solutions
August 19, 2024  |  Payment Methods

Citi and Network International have formed a referral agreement in which Network will provide omnichannel payment acceptance solutions to the bank’s large enterprise customers across...

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Citi Digital Assets Exec Shobhit Maini Reportedly Leaving Bank’s Market Unit
Citi Digital Assets Exec Shobhit Maini Reportedly Leaving Bank’s Market Unit
August 13, 2024  |  News

The head of digital assets for Citi’s markets unit is reportedly stepping down. Shobhit Maini, who has held that job since 2021, is leaving the...

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Citi: Faster Payments Help Treasurers Extract ‘Last Drop’ of Liquidity From Financial Ecosystems
Citi: Faster Payments Help Treasurers Extract ‘Last Drop’ of Liquidity From Financial Ecosystems
August 13, 2024  |  Faster Payments

Corporate treasurers once were relegated to the back office, manipulating spreadsheets, preparing audits, handing printed reports off to more senior management — the folks charting...

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