Citibank today announced the launch of Citi Priority, a new client segment targeting the emerging affluent, with a digitalized, convenient, simple and efficient banking experience to equip aspirational and financially progressive clients with better control over their wealth and time in order to achieve their future goals.
Datameer, the only proven big data analytics platform for everyone, today announced it has closed a $40 million round of financing. ST Telemedia (STT) led the round, joined by Top Tier Capital Partners (TTCP) and participation from Kleiner Perkins Caufield & Byers (KPCB), Redpoint, Next World Capital, Software AG and Citi Ventures.
Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced the launch of its FX trade confirmation service.
Citibank India and MasterCard today announced the launch of Citi MasterPass, the first global digital wallet in India, making Citibank debit and credit card customers the first in the country to be able to shop at more than 250,000 e-commerce merchants, located in India and worldwide, with a safe, simple and quick online payment experience.
The Monetary Authority of Singapore (MAS) has poached Citi exec Sopnendu Mohanty to head up a new fintech and innovation group.
Palantir Technologies, a big data startup co-founded by Peter Thiel, has completed a massive $450 million funding round that values the company at $20 billion.
The financial services sector is trailing rival industries in the race to set up innovation centres in technology hubs such as Silicon Valley, according to a report issued by consultants CapGemini and Altimeter Group.
Citi today announced the launch of Citi Mobile Challenge in Asia Pacific, part of Citi’s drive to foster digital and mobile innovation in banking.
FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced the launch of a new Graphical User Interface (GUI).
The Consumer Financial Protection Bureau (CFPB) has ordered Citibank, N.A. and its subsidiaries to provide an estimated $700 million in relief to eligible consumers harmed by illegal practices related to credit card add-on products and services.
© Finextra Research 2015