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UK-based Buy Now, Pay Later solution Hokodo has received a Series B funding extension from financial services provider Citi to support the former’s expansion.
BNPL, funding, expansion, investment, Citi
US-based bank Citi has released a report that outlines the future for asset tokenization and the token economy.
blockchain, tokenization, Citi, report, security token
US-based bank Citi has rolled out a new travel booking platform in collaboration with Booking.com and Rocket Travel.
Citi, crypto, partnership, loyalty programme, travel payments, ecommerce
SME finance platform Crowdz has secured USD 10 million in investment.
investment, e-invoicing, accounts payable, accounts receivable, Citi
US-based bank Citi has partnered with payments processor EBANX to provide an end-to-end digital payments solution for its clients in LATAM.
Citi, partnership, digital payments, local payment method, digital wallet, payment processing
Financial service multinational, Citi, has announced it introduced recycled PVC for its corporate cards, with the initiative first rolling out in Europe, the Middle East, and Africa.
credit card, sustainability , payments , Citi, green finance, corporate card
Modern card issuing platform Marqeta has announced that Citi Commercial Cards has selected its tokenization-as-a-service capabilities to facilitate the provisioning of cards into mobile wallets.
partnership, Marqeta, Citi, mobile payments, corporate card, e-wallet
Singapore-based DBS has decided to buy Citi’s consumer-banking business in Taiwan for cash equivalent to the net assets transferred plus a premium of roughly USD 704.2 million, according to Banking Dive.
Citi, acquisition, retail banking
The Swiss National Bank (SNB), BIS and SIX have successfully tested the integration of wholesale CBDC settlement with commercial banks.
CBDC, central bank, digital currency, Citi, DLT
US-based retailer The Home Depot has introduced the Pro Xtra credit card, a new iteration of its Commercial Revolving Charge, as well as updates to its commercial account card.
credit card, product upgrade, retail, Citi, loyalty programme
Global bank Citi’s Treasury and Trade Solutions (TTS) has announced the improvement of in-house payment platform Present and Pay by introducing real-time payments.
Citi, payment processing, e-invoicing, online payments, mobile payments
LATAM’s biggest ecommerce platform Mercado Libre has borrowed USD 375 million from Citi Bank to expand its credit offer to SMEs, entrepreneurs, and consumers across Mexico and Brazil.
investment, Citi, Mercado Libre, financial inclusion, expansion, online payments
Citing a survey conducted on its clients, Citi Australia has announced that it will offer 5% cashback on credit cards for Christmas 2021 shopping.
online shopping, online payments, credit card, Citi
Mastercard has announced a new partnership with Citi to support local residents and small businesses through public-private sector collaboration.
Mastercard, Citi, financial inclusion, partnership
Citi has introduced a dedicated technology hub in Bahrain in order to develop its digital-first platforms.
Citi, fintech, digital banking
ACH, real-time payments, online banking e-payment, Citi, Open Banking
BNY Mellon and Citi have collaborated with Verizon to be one of the companies to send request-for-payment messages to consumers who bank with Citi.
Citi, partnership, product launch, retail, Request to Pay, banks, real-time payments
PayMate, an Indian-based payment solution provider, has partnered with Visa and Citi to automate the way businesses pay their suppliers in the UAE.
B2B payments, Visa, Citi, partnership, corporate card
Citi Australia has opened pre-registrations for its BNPL service called ‘Spot. Buy Now Pay Later.’
Citi, product launch, BNPL, ecommerce, online shopping
Mark Smith, Head of Treasury and Trade Solutions for EMEA at Citi, discusses payments innovation, investments, ISO 20022, and how banks can monetise on Open Banking
Citi, digitalisation, treasury, instant payments, ISO 20022, Open Banking