Tag : Citi

Citi Achieves Industry First: Integrating Citi® Token Services with 24/7 USD Clearing for Real-Time Cross-Border Payments and Liquidity Management
Digital Payments Finance News

Citi Achieves Industry First: Integrating Citi® Token Services with 24/7 USD Clearing for Real-Time Cross-Border Payments and Liquidity Management

Business Wire
by Business Wire0
Citi is integrating its Citi Token Services platform with its 24/7 USD Clearing solution, enabling 24/7, multibank cross-border instant payments for institutional clients in the UK and US. This industry-first solution offers unprecedented control and flexibility. It reduces payment delays and enables smarter cash flow through real-time liquidity management for......
Citi and Dandelion Collaborate to Transform Cross-Border Payments, Enabling Full Value, Near-Instant Payments into Digital Wallets Across the Globe
Digital Payments Finance News

Citi and Dandelion Collaborate to Transform Cross-Border Payments, Enabling Full Value, Near-Instant Payments into Digital Wallets Across the Globe

Business Wire
by Business Wire0
Highlights: Citi and Dandelion are collaborating to enable near-instant, full-value cross-border payments directly into digital wallets across the globe, leveraging Citi’s WorldLink® Payment Services and Dandelion’s extensive digital wallet network. The collaboration is launching in the Philippines, Indonesia, Bangladesh and Colombia, enhancing Citi’s offering and facilitating faster and more cost-effective business-to-consumer......
Transcend Appoints Sandeep Arora as Chief Operating Officer
Finance Fintech News

Transcend Appoints Sandeep Arora as Chief Operating Officer

PR Newswire
by PR Newswire0
Former Citi Executive Appointed to Accelerate Growth and Strategic Execution Transcend, a leading provider of innovative liquidity, funding, and collateral optimization solutions, has appointed Sandeep Arora as Chief Operating Officer. Arora has over three decades of experience in capital markets, digital platforms, and financial technology, and will play a critical role in......
Citi and Ant International Pilot AI-Enabled Forecasting Solution to Enhance FX Risk Management for Airline Customers
Artificial Intelligence Finance Fintech News Risk Management

Citi and Ant International Pilot AI-Enabled Forecasting Solution to Enhance FX Risk Management for Airline Customers

Business Wire
by Business Wire0
Ant International’s Falcon TST Model will give Citi’s clients an improved FX risk management solution when selling through e-commerce channels. Pilot airline customer of the jointly-developed solution has already seen a cost reduction in their Fixed FX Rates hedging programme for online ticket sales. Citi and Ant International announced today......
UBS Invests in UK Fintech Icon Solutions to Shape the Future of Payments Technology
Digital Payments Fintech News

UBS Invests in UK Fintech Icon Solutions to Shape the Future of Payments Technology

Business Wire
by Business Wire0
Swiss bank leads new funding round; joined by existing investors Citi and NatWest Icon Solutions, the UK fintech enabling banks globally to design and implement state-of-the-art payment systems, has announced a new equity investment from UBS. Icon has also secured additional funding from existing investors Citi and NatWest. Pieter Brouwer,......
TP ICAP Acquires Neptune Networks and Partners with Nine Global Investment Banks to Create New Dealer-to-Client Credit Business
Fintech Investment Services News

TP ICAP Acquires Neptune Networks and Partners with Nine Global Investment Banks to Create New Dealer-to-Client Credit Business

Business Wire
by Business Wire0
TP ICAP Group PLC (“TP ICAP”), a world-leading provider of financial markets infrastructure, announced the acquisition of Neptune Networks (“Neptune”), an independent financial data company co-owned by a consortium of some of the world’s leading investment banks. Neptune delivers high-quality, real-time pre-trade bond market data from many sell-side banks to......
New Email Security Solutions from InsurSec Leader At-Bay Help Eliminate Financial Fraud Claims
Banking Digital Payments Finance Fintech Investments News

United Fintech acquires Commercial Banking Applications (CBA) with backing from leading global banks

PR Newswire
by PR Newswire0
United Fintech, the industry-neutral digital transformation platform, has announced the full acquisition of Commercial Banking Applications (CBA), a leading banking technology provider specializing in API-driven trade finance and payments solutions. The acquisition was financed by both equity and debt from existing investors, which include four major banks: BNP Paribas, Citi, Danske Bank,......
Brex Secures $235 Million Credit Facility with Citi and TPG Angelo Gordon to Accelerate Card Product Growth
Finance Fintech Investments Markets News

Brex Secures $235 Million Credit Facility with Citi and TPG Angelo Gordon to Accelerate Card Product Growth

PR Newswire
by PR Newswire0
Brex, the modern corporate card and spend management platform for startups and enterprises, today announced the closing of a two-year, $235 million revolving credit facility. Citi serves as senior lender for the credit facility, joined by TPG Angelo Gordon as a participating lender. This credit facility, combined with Brex’s existing warehouse facilities......
Citi Launches New Digital Trade Receivable Finance Solution
Finance Fintech News

Citi Launches New Digital Trade Receivable Finance Solution

Business Wire
by Business Wire0
Solution Will Help Accelerate Monetization of Receivables from Weeks to Under an Hour Citi has launched Citi Digital Bill (CDB), a new integrated digital bill discounting solution, making centuries old practices future ready. CDB significantly reduces complexity by eliminating the need for physical documents and couriers and the movement of......
Setpoint Secures $31M Series B From Wells Fargo, Citi, 645 Ventures, Andreessen Horowitz and Others to Revolutionize Credit Infrastructure
Finance Fintech Investments News

Setpoint Secures $31M Series B From Wells Fargo, Citi, 645 Ventures, Andreessen Horowitz and Others to Revolutionize Credit Infrastructure

Business Wire
by Business Wire0
Setpoint, the leading infrastructure provider for the credit industry, today announced the successful completion of its $31 million Series B funding round. 645 Ventures led the round, with significant strategic investments from Citi and Wells Fargo, alongside Andreessen Horowitz, NextView Ventures, Floating Point, Henry Kravis, Zillow founder’s 75 & Sunny,......
1