Search Results for: Citi

Banking News

First Citizens Bank Completes Operational Conversion of Entegra Bank Division

Fintech News Desk
by Fintech News Desk0
First Citizens Bank announced that its Entegra Bank division based in Franklin, N.C., has completed its conversion to First Citizens’ operations and systems. This conversion puts both banks on the same operational and technical systems and aligns customer accounts to First Citizens products and services. Read More: GlobalFintechSeries Interview with Sean......
Spending Trends From Quicken Users Highlight COVID-19 Impact
Fintech News

Quicken Survey Shows Millennials Likely to Flee Cities Over the Next Year

Fintech News Desk
by Fintech News Desk0
More than one-third of millennials renting apartments in cities are considering leaving the city, half citing cost of living as main factor Quicken Inc., maker of America’s best-selling personal finance software, today shared results from a recent survey of more than 1,000 millennials renting apartments in urban areas. While 93%......
Citizens Deepens Point-of-Sale Financing Offering with Launch of Citizens Pay
Banking News

Citizens Business Conditions Index™ Shows Surprising Stability in Second Quarter as Stimulus and Reopenings Ease Economic Impact of COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
The second quarter of 2020 began with many businesses reeling from the shutdown of the global economy caused by the COVID-19 pandemic. Most economic indicators posted disastrous results while the U.S. government and Federal Reserve rushed to enact legislation or policies to soften some of the worst impacts of the......
Citi Upgrades Data Service Platform to Enhance Efficiency for Securities Services Clients
Fintech Funding Investment Services News

Citi Extends Fund Accounting Services to UK Investment Trusts

Fintech News Desk
by Fintech News Desk0
Citi announced that it enhanced its UK fund servicing capabilities to include valuation, accounting, tax computation and filing, and reporting for investment trusts. There are approximately 350 investment trusts in the UK with £186 billion in assets under management1. “Investment trusts are an important vehicle for UK asset managers,” said......
CitiDirect BE® Earns Top Ranking in Greenwich Associates Study
Fintech News

Citi Announces New Five-Year Sustainable Progress Strategy to Finance Climate Solutions and Reduce Climate Risk

Fintech News Desk
by Fintech News Desk0
Citi today announced its new five-year 2025 Sustainable Progress Strategy to help accelerate the transition to a low-carbon economy. This new strategy includes a $250 Billion Environmental Finance Goal to finance and facilitate climate solutions globally. This builds on Citi’s previous $100 billion goal announced in 2015 and completed last year, more......
Citizens Bank signs for CSI NuPoint core platform
Banking Fintech

Citizens Survey Finds That COVID-19 May Permanently Change How Consumers and Businesses Bank

Fintech News Desk
by Fintech News Desk0
While the Shift to Digital is Accelerating, the Right Mix of Human Interaction and Technology Remains Critical The COVID-19 pandemic is changing how consumers and businesses interact with financial institutions and new research shows that this trend will likely be permanent. According to the results of Citizens Bank’s inaugural Banking Experience......
Citi Private Bank Survey Finds Caution, Cash Conservation and COVID-19 Driving Investor Sentiment Into 2021
Capital Markets Fintech News

Citi Named Americas Derivatives House of the Year by GlobalCapital for the Second Consecutive Year

Fintech News Desk
by Fintech News Desk0
Citi has been named Americas Derivatives House of the Year, winning GlobalCapital’s flagship award, which was announced on its digital channels earlier . This milestone marks the second consecutive year that Citi has received this designation. In addition, Citi also won Derivatives Clearing Bank of the Year, and FX Derivatives......
Gold Payment Service Granted License in Arizona, Where Citizens Can Use Gold As Money
Fintech News

Gold Payment Service Granted License in Arizona, Where Citizens Can Use Gold As Money

Fintech News Desk
by Fintech News Desk0
Coro Global Inc. announced its subsidiary Coro Corp. has been granted a Money Transmitter (“MT”) license by the State of Arizona’s Department of Financial Institutions. Read More: GlobalFintechSeries Interview with Patrick Turiano, Director of Marketing at Paysafe Group Coro Global subsidiary Coro Corp. has been granted a Money Transmitter (“MT”)......
KBRA Analytics Announces the Launch of KBRA Financial Intelligence (KFI)
Fintech News

KBRA Assigns Preliminary Ratings to Citigroup Commercial Mortgage Trust 2020-WSS

Fintech News Desk
by Fintech News Desk0
Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to four classes of Citigroup Commercial Mortgage Trust 2020-WSS, a $413.25 million CMBS single-borrower transaction. The collateral for the securitization consists of a $435.0 million non-recourse, first lien, floating-rate mortgage loan that is secured by the......
Citizens Deepens Point-of-Sale Financing Offering with Launch of Citizens Pay
Banking Fintech Investment Services News

Citizens Announces $10 million Investment to Promote Social Equity and Advance Economic Opportunity in Underserved Communities

Fintech News Desk
by Fintech News Desk0
Citizens Financial Group, announced a $10 million commitment to promote social equity and drive economic advancement in underserved communities. This new investment will harness the bank’s resources, expertise and the unique strengths of its culture to help drive real and lasting progress across the communities it serves. It will build......
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