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Citigroup

FintechNews RoundupUSA
·Jun. 10, 2019

Economic Slowdown and Banks Reevaluate Technology Moves

In this week’s PeerIQ Industry Update they cover the continued slowing of the U.S. economy with payrolls and average hourly...
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FintechNews RoundupUSA
·Feb. 1, 2019

Big Banks Still Held in High Regard for Financial Advice

According to a new study released by J.D. Power consumers gave the highest ratings to some of the biggest banks...
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FintechNews RoundupUSA
·Jan. 15, 2019

Mobile Outpacing Digital Growth at Citigroup

Citigroup reported that the number of customers using its mobile app rose 25% to 10 million from the first quarter...
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FintechNews RoundupUSA
·May. 21, 2018

Banks Begin Using Military Style Tactics for Cybersecurity

More than $445bn was lost to cyber crime last year, a 30 percent increase from three years earlier; banks have...
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FintechNews RoundupUSA
·Mar. 26, 2018

Citigroup’s Plans for Nationwide Digital Bank

Citigroup has shrunk its retail banking business over the years, but is now looking to become a national player; they plan to do this by expanding mobile app features to serve new customers wherever they live; the app will include banking, credit card, lending, investment tools and account aggregation; Citigroup has invested three years into their digital plans and also has plans for a roboadvisor within the app Source

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FintechNews RoundupUSA
·May. 28, 2019

APIs Become Core Technology to Big Banks

American Banker takes a close look at how APIs are being used at some of the world’s leading banks and...
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FintechNews RoundupUSA
·Jan. 29, 2019

Banks and Fintechs Argue Over Payments Systems

Banks and fintech firms are in competition over payments systems and each thinks real-time payments should be run differently; Bank...
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FintechNews RoundupUSA
·May. 29, 2018

Citi Looking to Bring Back Debit-Card Rewards

Citigroup is looking for new ways to attract customers to their new online bank; the bank is looking into offering...
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FintechNews RoundupUSA
·May. 15, 2018

Vikram Pandit Bets Big on Credit Card Startup

The former Citigroup CEO is investing $100 million in Fair Square Financial LLC through his investment firm called Orogen Group;...
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FintechNews RoundupUSA
·Mar. 6, 2018

Citigroup Discusses Launch of National Digital Bank

John Gerspach, Chief Financial Officer of Citigroup stated at an investor conference they are building the foundation which will support the launch of a national digital consumer bank launch in the next three years; the bank currently has around 700 bank branches which is far fewer than the three biggest banks. Source

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