Citi and Mastercard Partner on Cross-Border Payments to Debit Cards

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 the Middle East and Africa (MEA). Network International’s payment platform offers a variety of payment methods, enhanced transaction efficiency, increased...

Technology is transforming the B2B space, not at a trickle but a flood of new, digital innovation. From accounts payable (AP) and accounts receivable (AR) automation to digital payments solutions and fraud detection advances, a new generation of emergent digital solutions and tools could replace...

Corporate treasurers once were relegated to the back office, manipulating spreadsheets, preparing audits, handing printed reports off to more senior management — the folks charting the company’s course ahead. But as Ambrish Bansal, global head of Liquidity and Cash Concentration Products, for the Citi Treasury...

Citigroup’s latest results took note of continued spending on credit cards but there were some notes of caution in the mix. The earnings materials detailed that branded card-related volumes were 4% higher year on year in the March period, to just under $121 billion. End...