Citi Hong Kong today announced that the recipient of Citi Mobile Challenge Asia Pacific “Best Money Manager Solution” award, Mtel, has taken its winning concept to market with the launch of the CreditCheck app in Hong Kong.
Citi has hired senior JPMorgan Chase executive Gavin Michael to lead technology operations at its consumer bank.
Citi's head of fintech, Heather Cox, is leaving the bank to join USAA as chief technology and digital officer.
America's biggest banks are joining forces to combat the growing threat from cybercriminals, setting up a group that will work on preparing for attacks and improving information sharing, according to the Wall Street Journal.
Samsung has added an iris scanner to its latest flagship handset, the Galaxy Note7, which will be used to access banking app and authenticate Samsung Pay transactions,
A former Citi employee who knocked out 90% of the bank's networks across North America after a meeting with his supervisor about his work performance, has been sentenced to nearly two years in prison.
Citi has further enhanced its Integrated Custody program with extended cut-off times for global custody accounts serviced from London, Luxembourg and New York.
Lab49 and The Yield Book, a wholly-owned subsidiary of Citi, are collaborating to build the next generation fixed-income analytics platform: Yield Book Q.
Citi today announced the formation of the Citi ATM Community Network, a new pilot program providing more than 300,000 customers of participating minority-owned banks and credit unions with the ability to withdraw cash with no surcharge fee at Citibank branch ATMs including those in Chicago, Los Angeles, Miami, New York, San Francisco and Washington D.C.
The profound change underway in the payments industry is good news for some of Europe's biggest fintech firms, including Gemalto and Ingenico, which are set to benefit from years of "secular tailwinds", according to research from Citi.
© Finextra Research 2016