Citigroup announced Monday (Aug. 13) that Jud Linville, CEO of global cards and consumer services, will leave the bank as part of executive reshuffling. According to a report in CNBC, Citigroup is overhauling the executives in its global consumer banking businesses and, as a result,...
ACI Worldwide, the payments company, announced Thursday (March 22) it has inked a strategic partnership with Shanghai-based bank card company UnionPay International. A press release said that by connecting to ACI’s global network of payment endpoints, UnionPay is set to see its worldwide footprint grow...
Citigroup results came in better than expected for the second quarter, the firm said Friday, buoyed by growth in emerging markets and its overall loan portfolio. Earnings were $1.28, compared with the Street at $1.21, and revenue was also above the Street at $17.9 billion,...
March 20, 2019
New data has revealed that bank card default rates rose six basis points to 3.48 percent. S&P Dow Jones Indices and Experian just released data through February 2019 for the S&P/Experian Consumer Credit Default Indices, which found changes in consumer credit defaults. The information showed that the composite rate rose two basis point from last […]
August 13, 2018
Citigroup announced Monday (Aug. 13) that Jud Linville, CEO of global cards and consumer services, will leave the bank as part of executive reshuffling. According to a report in CNBC,...
March 23, 2018
ACI Worldwide, the payments company, announced Thursday (March 22) it has inked a strategic partnership with Shanghai-based bank card company UnionPay International. A press release said that by connecting to...
