FinTech Futures: Top five news stories of the week – 1 March 2024
Our pick of the top fintech news stories this week includes Webull, Citi, Blackstone, Enfuce and more.
Our pick of the top fintech news stories this week includes Webull, Citi, Blackstone, Enfuce and more.
Raghavan is due to take charge of the group’s investment, corporate and commercial banking unit.
Cheng first joined Citi back in 1993, and has since risen through the ranks of its corporate banking division.
The LA-based fintech says it will use the facility to attract and retain more customers.
The bank is anticipating run rate savings of $2 billion as a result of the cuts.
FinTech Futures takes a look back at the key industry developments and trends to emerge over 2023.
The new system will initially only be available to US-based commercial clients.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The deal is expected to close in H1 2024, with HSBC planning to extend offers to “in-scope employees” in China.
We catch up with Arvind Purushotham of Citi Ventures to discuss the current fintech funding landscape.
The new facility will help ThinCats support lending of up to £696 million to mid-sized businesses in the UK.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Rextie becomes Latin America’s first FX fintech to receive an investment from Citi.
DBS has also absorbed close to 3,000 employees from Citi Consumer Taiwan.
Citi Commercial Bank (CCB) says the new platform has been created “in close collaboration” with its clients.
The new transaction is backed by Citi and Channel Capital, and the initial facility will be for €67 million.
An effective data integration strategy can help financial institutions improve their operational efficiency.
Explore thousands of open roles on the FinTech Futures Job Board today.
Explore thousands of open roles on the Fintech Futures Job Board today.
Explore thousands of open roles on the Fintech Futures Job Board today.
FinTech Futures takes a look back at some of the year’s top new fintech partnerships.
US banking heavyweights will explore the feasibility of a DLT-powered interoperable digital money platform.
The funding will support the firm’s expansion across southern Europe.
Citi’s retail banking footprint in the UK is small, with one branch at its EMEA headquarters in Canary Wharf.
The financing has been provided by American multinational Citi and French investment bank Natixis.
The company secured $200 million in a Series C round led by Tiger Global earlier this year.
Citi will integrate METACO’s bank-grade digital asset custody and orchestration platform, Harmonize.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Given the rising interest rate environment, liquidity optimisation is a high priority, Finteum says.
Curve and Gemini lay off employees, while Citi plans on hiring 4,000 techies.
Spring by Citi enables the bank’s institutional clients to accept consumer payments online.
Alex Kriete and Greg Girasole say more details will follow in the coming weeks.
Citi, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg and UBS also took part in the experiment.
The charge related to the closure will affect the bank’s operations through the rest of 2021 and 2022.
The Capital One man is an industry veteran of 20 years across PayPal, eBay and AOL.
The transaction management platform is set to launch in November 2022.
The fines kept flowing even in a year as turbulent as 2020.
“The heavy lift will be the technology upgrade, which [the regulators] will micromanage.”
“We have a larger obligation to deliver fairness.”
The undisclosed strategic injection sees Citi deploy some Genesis tech.