Citi

Treasury Management Playbook Dials Up New Cash Flow Strategies
Treasury Management Playbook Dials Up New Cash Flow Strategies
May 31, 2024  |  Risk Management

At a time of higher interest rates and heightened market volatility, actionable insights and forecasting take on greater importance for corporate treasury teams. For example,...

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Report: Citi’s Heads of Legacy Franchises, Operations and Technology Depart
Report: Citi’s Heads of Legacy Franchises, Operations and Technology Depart
May 14, 2024  |  Personnel

Citi has reportedly announced in an internal memo the departure of two executives, including one who implemented the bank’s recently completed restructuring. Titi Cole, who was...

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Citi Upgrades Premier Card As Travel Spending Takes Off
Citi Upgrades Premier Card As Travel Spending Takes Off
May 13, 2024  |  Travel Payments

Citi is enhancing its Premier credit card to offer new benefits and protections for travelers. The banking giant’s Strata Premier card, announced Monday (May 13), offers increased...

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US Financial Giants Including Visa and JPMorgan Test Shared Ledger Tech
US Financial Giants Including Visa and JPMorgan Test Shared Ledger Tech
May 08, 2024  |  Banking

The U.S. financial system is exploring the use of shared ledger technology for multi-asset transactions. The project will involve a number of high-profile financial institutions...

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Five Ways Consumers Are Pumping the Brakes on Spending
Five Ways Consumers Are Pumping the Brakes on Spending
May 06, 2024  |  Consumer Insights

We may be witnessing the beginnings of a great pullback in consumer spending. At least in some areas. As paycheck-to-paycheck living remains a reality for most U.S. consumers,...

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Citi’s Chief Digital Officer Connects Data to Customer Experience
Citi’s Chief Digital Officer Connects Data to Customer Experience
May 06, 2024  |  Digital Banking

The amount of data now being generated by consumers is testing the constraints of the dictionary. Only 10 years ago it was measured in terabytes, which is a trillion bytes. But now...

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Citi CEO Jane Fraser Says Consumers ‘More Discerning’ in Spending
Citi CEO Jane Fraser Says Consumers ‘More Discerning’ in Spending
April 30, 2024  |  Consumer Finance

Consumers are becoming more cautious in their spending, Citi CEO Jane Fraser said Tuesday (April 30). Speaking at the bank’s annual meeting, Fraser told shareholders that while consumers remain...

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Banks Pay Savers More to Stay Amid Steep Interest Rates
Banks Pay Savers More to Stay Amid Steep Interest Rates
April 28, 2024  |  Banking

For America’s biggest banks, deposit costs are exceeding interest income. That’s the first time that’s happened since the Federal Reserve began increasing rates two years...

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Virtual Cards Set to Transform Buyer-Supplier Relationships
Virtual Cards Set to Transform Buyer-Supplier Relationships
April 23, 2024  |  B2B Payments

Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a...

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