Citi

Citi and Traydstream Team on Automated Trade Document Processing
Citi and Traydstream Team on Automated Trade Document Processing
December 04, 2023  |  Partnerships

Citi is working with Traydstream to offer clients automated trade-document processing capabilities. The partnership gives Citi clients a way to “leverage a vast array of...

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Cross-Border Payments Complexities Force Focus on ‘Customer Experience,’ Says Citi
Cross-Border Payments Complexities Force Focus on ‘Customer Experience,’ Says Citi
November 30, 2023  |  Cross-border Payments

The promise of embedding payments in cross-border commerce is a multitrillion-dollar opportunity, Amit Agarwal, Global Co-Head of Payments and Receivables, Treasury and Trade Solutions (TTS)...

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Citi Mobile Takes No. 1 in PYMNTS Provider Ranking of Credit Card Apps
Citi Mobile Takes No. 1 in PYMNTS Provider Ranking of Credit Card Apps
November 20, 2023  |  Credit Cards

Citi Mobile made moves in this edition of PYMNTS’ Provider Ranking of Credit Card Apps. Venmo, which was previously No. 1, fell to make room...

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Citigroup Starts Restructuring to Focus on 5 Business Units
Citigroup Starts Restructuring to Focus on 5 Business Units
November 20, 2023  |  Banking

Citigroup has begun the next phase of its previously announced organizational changes.  “Today we shared with our colleagues the next layer of changes across many...

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Citigroup Begins Series of Wide-Ranging Layoffs
Citigroup Begins Series of Wide-Ranging Layoffs
November 15, 2023  |  Banking

Citigroup has reportedly begun cutting jobs as part of its CEO’s companywide overhaul. Workers at the banking giant were expected to be informed of the...

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Citi Debuts Blockchain Solution for Foreign Exchange Trades
Citi Debuts Blockchain Solution for Foreign Exchange Trades
November 15, 2023  |  Blockchain

Citi has created an application that uses blockchain to execute foreign exchange (FX) trades. The new tool, announced Wednesday (Nov. 14), employs blockchain infrastructure to price and perform...

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Citigroup Reorganization Could Include Layoffs of 10%
Citigroup Reorganization Could Include Layoffs of 10%
November 06, 2023  |  Personnel

Citigroup is reportedly weighing wide-ranging job cuts as part of its CEO’s reorganization plans. Managers and consultants at work on “Project Bora Bora” — the in-house...

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Citi Says Winning the End Customer Experience Is Future Battleground for Banks
Citi Says Winning the End Customer Experience Is Future Battleground for Banks
October 30, 2023  |  Banking

Institutional inertia is real, and it’s holding some incumbent businesses back while digital upstarts flourish. This situation is particularly acute for financial institutions (FIs) that...

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Citi and Navan Introduce All-in-One Travel Solution for CCB Cardholders
Citi and Navan Introduce All-in-One Travel Solution for CCB Cardholders
October 19, 2023  |  Travel Payments

Citi and Navan have launched a new travel and expense system for Citi Commercial Bank (CCB) cardholders, the companies said Thursday (Oct. 19). This collaboration...

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