An initiative to create a set of global standards for the use of distributed ledger technology in financial markets has picked up momentum, with another 13 major banks - including BofA, Deutsche Bank and HSBC - throwing their weight behind the plan.
Buoyed by a strong start in Korea, consumer electronics giant Samsung has launched its mobile payments service in the US, with support from the three major card schemes and banking giants Citi, Bank of America and US Bank.
Trading Ticket, Inc., a maker of innovative financial tools including mobile trading technology Trade It™, today announced $4 million in seed financing co-led by Valar Ventures and Citi Ventures.
Citi today announced the names of strategic partners and collaborators for its Citi Mobile Challenge in Asia Pacific.
Citi’s Treasury and Trade Solutions (TTS) division today announced that it has been appointed by Shell as its sole bank provider for cash management services across 16 countries in Europe.
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.
© Finextra Research 2015