Citi - News, Articles & Research

Citi recruits for digital assets MD in transaction banking business

Citigroup is recruiting for a leader to run a digital asset division within the bank's treasury and trade solutions business.

14 January 2022

News/people

Citi to sack unvaccinated staff at the end of the month

Citigroup staff in the United States who have not been vaccinated against Covid-19 by January 14 will be placed on unpaid leave and fired at the end of the month unless they are granted an exemption, according to a company memo seen by Reuters.

10 January 2022

Company announcement/payments

Citi billing platform enhanced with account authentication and real-time payments

Citi’s Treasury and Trade Solutions (TTS) has enhanced Citi Present and Pay, its market-leading electronic bill presentment and payment platform for institutional billers in the U.S.

14 December 2021

News/crypto

Citi, Visa, AmEx invest in crypto-compliance platform TRM Labs

Blockchain intelligence platform TRM Labs has raised $60 million in a Series B funding round joined by a host of big-name firms, including Visa, Amex Ventures, Citi Ventures, PayPal Ventures, and Block (formerly Square).

07 December 2021

News/people

Citi to hire 100 staff for digital assets division

Citi Bank is to hire 100 staff to kickstart its digital assets business.

23 November 2021

News/retail

Citi opens flagship branch in Manhattan

As it opens the doors to a 7000 square foot flagship branch in Manhattan, Citi says it is "doubling down" on its network, despite the rise of digital banking.

16 November 2021

Company announcement/sustainable

Citi introduces sustainability-linked supply chain financing in Asia Pacific

Citi has launched its first Sustainability-linked Supply Chain Finance (SSCF) program in Asia Pacific with the aim of supporting clients as they advance their ESG priorities, improve the resilience of their supply chains and manage their working capital needs.

01 November 2021

News/wholesale

SETL open sources blockchain code

SETL is open sourcing its blockchain toolkit Portl in an effort to speed up adoption of distributed ledger technology by banks who have been wary of trusting their core ledger to a proprietary platform.

27 October 2021

Company announcement/payments

Citi rolls out RTP-enabled real time digital bill payments

Building on its position as the world’s leading instant payments bank, Citi’s Treasury and Trade Solutions (TTS) division now facilitates digital bill payment for both institutional billers and their consumer customers via the RTP network, the real-time payment system from The Clearing House (TCH).

26 October 2021

News/people

Citi TTS appoints global head of digital

Citi's trade and treasury solutions business has appointed Capital One's Naveed Anwar as global head of digital.

19 October 2021

News/Sibos

Sibos 2021: Collaboration and discipline is required for digital asset and CBDC success

Day three of Sibos started with a future facing perspective in the form of two morning sessions covering developing and upcoming digital technologies, including as CBDCs, DeFi, and NFTs, reiterating that these areas of innovation remain hot topics of interest.

14 October 2021

Company announcement/inclusion

Mastercard and Citi team on financial inclusion and stability

Mastercard and Citi today announced a new partnership to support local residents and small businesses through greater public-private sector collaboration.

07 October 2021