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 in the U.S.; banks ...
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 of America, Citigroup, JPMorgan Chase ...
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 of 2017 to ...
Citigroup, Feedzai Partner to Thwart Fraud
As the threat of cyber crime continues to grow, Citigroup had announced it is partnering with artificial-intelligence-powered fraud-detection startup Feedzai to bolster ...
Citigroup CEO Sees Credit Issues Coming for Nonbank Lenders
While speaking at Economic Club of New York luncheon Citigroup CEO Michael Corbat says a lot of nonbank lenders could see pain if the ...
Citigroup’s Partnership with Thinknum Could Lead to Investment Gold Rush
Citigroup has partnered with data startup Thinknum to provide clients with alternative data sets; the data includes social media traffic, job postings, price and ...
Citigroup Creates New Way to Invest in Crypto
Citigroup has created a digital asset receipt (DAR) to help investors invest in cryptocurrencies without owning them; Business Insider reports that this works similar ...
Citigroup Investment Bank Looks to Cut Staff in Favor of Automation
Citigroups’ investment bank says it will look to cut almost half of their 20,000 employees over the next 5 years in favor of automation; ...
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 rewards instead of offering higher ...
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 started to hire former government ...