More than a decade after merchants brought a class-action suit against Mastercard, Visa and card-issuing banks in 2005, a settlement between the parties is reportedly...
Citi is the first corporate bank to enroll in the U.K.’s Open Banking Directory in an effort to enhance payment and collection services for business...
Citigroup Chief Executive Michael Corbat disclosed Wednesday (May 30) that around 20 percent of the New York national bank’s expenses go for technology — which...
Citigroup said on Tuesday (May 29) that it won’t use high deposit rates to lure new customers to its digital bank – instead, it will go...
In an effort to combat cyberattacks, banks are taking a military approach to their online security. Get the Full Story Complete the form to unlock...
Activist investor ValueAct Capital Partners revealed that it’s built a roughly $1.2 billion stake in Citigroup. Get the Full Story Complete the form to unlock...
Banks and credit card companies are looking at ways to pinpoint gun purchases via their payment systems in what could be the first step in...
Top banking rivals JPMorgan Chase, Wells Fargo and Citigroup all posted their earnings on Friday (April 13), and overall, the institutions beat (most) analysts’ estimates....
Amid earnings results Friday, JPMorgan Chase, Citigroup and Wells Fargo showed traction in mobile and online banking activity, with double-digit percentage growth seen in some...