Thirteen major global banks, ICAP plc and market infrastructures The Depository Trust & Clearing Corporation (DTCC) and Euroclear have joined forces with AcadiaSoft, Inc. to solve a vexing industry problem involving margin flows.
Citi is wrapping 50 bicycles in New York Mets colours for a social media sweepstakes, inviting locals to post photos of the bikes on Twitter and Instagram for the chance to win baseball-related prizes.
Citi has been exploring distributed ledger technology for years, building three blockchains and creating its own crypto-currency, dubbed Citicoin, the banking giant has told International Business Times.
Citi announced today the release of its completely redesigned Citi Mobile® App for iPhone® in the U.S. The new app for consumer banking and credit card customers enables the use of the Touch ID feature on iPhone devices, integrates with Apple Watch™ and adds new features responding to customer feedback and changing behaviors.
Today Citi announced the top innovations from the Citi Mobile Challenge in Europe, the Middle East and Africa (EMEA).
Bitcoin startup Xapo has appointed Visa founder Dee Hock, ex-Citibank CEO John Reed, and former US Treasury Secretary Larry Summers to its new advisory board.
Five of the world’s leading investment banks – BofA Merrill Lynch, Citi, Jefferies, Morgan Stanley and UBS – have announced the formation of a new company, Visible Alpha LLC, to create a common language and platform for analysts’ financial models and forecasts.
Lending Club (LC), the world's largest online marketplace connecting borrowers and investors, and Citi (NYSE:C) are launching a pioneering new partnership with Varadero Capital L.P., an alternative management firm focused on specialized credit investments, to facilitate up to $150 million in loans designed to provide more affordable credit to underserved borrowers and communities.
Jorge Ruiz, managing director, Digital Acceleration Global Program Head, Citi sits down with Finextra to talk about the ongoing Citi Mobile Challenge and the development of a global ecosystem for FinTech.
Citi, Fidelity and Mint are the first financial services-related developers out of the blocks with apps designed for the new Apple Watch, which goes on sale next month.
© Finextra Research 2015