In the latest blockchain experiment carried out under the R3 banner, major banks including Citi and HSBC are looking into how distributed ledger technology can be used to simplify reference data processes.
FastPay, a leading financial technology company that provides lending and financial workflow solutions to digital businesses, today announced the close of a strategic investment from Citi Ventures.
Citi has joined forces with Southeast Asian Uber clone Grab to let customers pay for rides with their credit card points.
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.
© Finextra Research 2016