In Austin last week American Banker hosted their annual Digital Banking Conference where banks of all sizes gathered to discuss...
Citi customers will now have a simple and fast option for online, in-app and in-store payment needs with the new digital wallet Citi Pay; this will be viewed as a digital expansion of their current bank and credit card accounts; Citi is also partnering with Mastercard to leverage their digital payment service, Masterpass, which will give Citi customers access to hundreds of thousands of merchants in 33 countries. Source
Citi Global Consumer Bank's fintech unit has released a new mobile app for the iPhone; app has banking, wealth management and money movement capabilities; it is among the first mobile banking apps to integrate banking, investing and money movement; app features include simplified money transfers and mobile trading capabilities. Source
Citi announced the launch of a new global API Developer Portal (developer.citi.com) to connect with developers and enable them to build innovative client solutions; the open architecture will help facilitate collaboration and partnerships with fintech companies and consumer brands worldwide; Citi will grant developers access to APIs across six usage categories: account management, peer to peer payments, money transfer to institutions, Citi rewards, investment purchases and account authorization; Citi plans to add more categories over time and developers are encouraged to register with Citi to use this portal. Source
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