Latest Citi News: Finextra Research

Egg hires Citibanker to run French business

UK Internet bank Egg has hired Marc Luet from Citigroup to run its French business, taking over the chairmanship from former Zebank head Olivier de Montety.

02 January 2003

/retail

Citibank offers new users free broadband connection and Freeserve account

Citibank in the UK is luring new premium account holders with the promise of a free broadband connection and account with national ISP Freeserve.

11 December 2002

/retail

Citibank provides 24-hour banking at BP gas stations in Moscow

Citibank Russia is to install ATMs, Internet kiosks and telephone banking facilities at all British Petroleum (BP) service stations across Moscow.

10 December 2002

/retail

Citi takes delivery of SchlumbergerSema chip card offerings

SchlumbergerSema has delivered an array of smart cards, readers, loyalty applications and software for the management of Citigroup's chip card programme, including the Citi.You Card and Citi Smart Card.

10 December 2002

/Sibos

Citigroup launches white label e-FX platform

Citigroup has launched a white label Internet-based foreign exchange dealing platform for small to medium-sized banks, CitiFX White Label. The service will be hosted and managed by Integral Devlopment Corporation.

04 November 2002

/retail

Citi reports upsurge in UK aggregation subscriptions

Citibank says that 20,000 consumers have signed up for its online account aggregation service, My Accounts, following its launch last year, with subscriber numbers doubling since the UK banks were added back into the service in June.

08 October 2002

/regulation

Cable & Wireless wins big bank backing for nostro utility

A number of the world's major banks, including ANZ, Barclays Bank, Citibank, JPMorgan Chase and Mizuho, have joined a working group initiated by Cable & Wireless to explore the adoption of new standards for real-time processing of nostro account information.

30 September 2002

/retail

Citi cuts fees for speech-activated share trading

Citibank in Germany has converted 70% of its private clients to a new speech-activated share dealing system by agressively cutting fees for telephone traders who use the technology.

11 September 2002

/retail

Citibank to offer Cybersource Internet payment gateway

Citibank is to offer merchant customers CyberSource's Internet payment gateway and risk management services through its CitiConnect Seller solution.

10 September 2002

/Sibos

Citibank and Scala launch online banking/ERP system

Scala Business Solutions and Citibank e-Business have launched a combined online banking and enterprise resource planning system for companies in the Middle East.

10 September 2002

/Sibos

Citi joins SunGard treasury network

Citibank has become the first financial institution to offer cash and treasury management services through eTreasury eXchange (eTX), the corporate treasury channel on the Sungard Transaction Network.

05 September 2002

/Sibos

Citi launches Web-enabled treasury outsourcing solution

Citibank e-Business has launched a Web-enabled treasury outsourcing solution - Citibank Agency Treasury Services - developed in conjunction with software house Trema.

04 September 2002

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