America’s largest banks say their profits from high interest rates could soon take a hit. As the Financial Times (FT) reported Saturday (Oct. 14), larger lenders...
PNC Financial Group began staff reductions that will decrease its workforce by 4%. The move is expected to reduce the company’s 2024 expenses by $325...
Consumer spending is still growing but slowing, especially among those with lower FICO scores, Citi reported Friday (Oct. 13). “The growth in spending is decelerating...
Paymentus Holdings stock retreated 4% Thursday (Oct. 5) after being downgraded to Neutral by Citi analyst Ashwin Shirvaikar. This downgrade was primarily driven by the stock’s substantial gains this...
Citi announced that Costco Anywhere Visa cardmembers can now access its buy now, pay later (BNPL) option, Citi Flex Pay, to pay for purchases. The...
PYMNTS’ Provider Ranking of Credit Card Apps tracks the ever-changing landscape of credit card mobile applications each month. In the latest edition, ties from last...
Industries are defined by what customers do, not what companies produce. And if something doesn’t scale up across a global audience, then it isn’t worth much. That’s...
Citi Treasury and Trade Solutions has unveiled a digital asset solution designed to enhance cash management and trade finance capabilities. By using blockchain and smart...
Citi TTS North America Head of Payments and Receivables Anupam Sinha told PYMNTS’ Karen Webster that 2023 has been a year where companies have focused on...