CitiRSS

Regtech to the rescue

Regtech to the rescue

Regulatory technology (regtech) is often cited as the answer to the rising cost of compliance, risk and reporting duties at banks. Will it help financial institutions escape IT silos and enhance control over data?

Talking heads: real-time payments – instant gratification

Real-time payments are coming to you

With myriad domestic instant and real-time payments systems being deployed internationally, is the next logical step cross-border, real-time payments? We asked some Sibos delegates what they think.

FIS and Citi team up for real-time payments for corporate treasury

FIS

FIS and Citi Treasury and Trade Solutions are working together to enable real-time payments and cash management for their corporate treasury customers. Using the CitiConnect application programming interfaces (APIs), FIS has connected its Trax corporate payments factory to the suite of Citi Treasury and Trade Solutions – enabling integration with Citi’s core treasury management functionality, […]

Where top US banks are investing in fintech – CB Insights

Click on the image to enlarge. Source: CB Insights

Since 2012, the top ten US banks (by assets under management) have participated in 72 rounds totaling $3.6 billion to 56 fintech companies, according to CB Insights. While investment activity dropped on a quarterly basis in Q1 2017, four of the last five quarters have seen over $1 billion invested into fintech start-ups in the US backed by venture capital firms.

Citi Pay lands in US with Masterpass

Citi

After launching in 2016 in Singapore, Australia and Mexico, Citi Pay has arrived in the US.

Nasdaq and Citi team up for blockchain-powered payments reconciliation

SAP launches Blockchain-as-a-Service

Nasdaq and Citi’s Treasury and Trade Solutions (TTS) have unveiled a new payment solution for automating reconciliation using Chain’s blockchain infrastructure platform. The solution enables straight through payment processing by using a distributed ledger to record and transmit payment instructions. A number of payment transactions have been done including Citi’s automated processing of cross-border payments […]

Three clear winners clinch Citi integrity challenge

Citi

Citi has revealed the three winners from its Tech for Integrity Challenge (T4I) Demo Day in Dublin – all part of its plan to promote integrity, accountability and transparency in the public sector and beyond. Fintech developers from eight countries presented their working prototypes; and the “award recipients” from the Demo Day included: T4I Award […]

Fintech funding round-up: 15 May 2017

funding

Brevity and celerity. It’s our latest fintech funding round-up for a quick fix – featuring Axoni, Citi, MarketInvoice, Banco BNI Europa, Alibaba and Qupital. Distributed ledger technology (DLT) provider Axoni has revealed that Citi has joined its Series A funding round, bringing the total amount raised to over $20 million. Citi joins a group of […]

Citi Digital Money Symposium: financial inclusion – it’s not just CSR

Citi Digital Money Symposium

It’s good to do good but it’s even better to do good and make a profit was my takeaway from a lively discussion around financial inclusion at the recent Citi Digital Money Symposium held in London.

Citi Digital Money Symposium: learning to swim during a tsunami

Citi

At yesterday’s Citi Digital Money Symposium, the question of a strategic response to fintech and the broader innovation challenge was posed to speakers from a number of large incumbent firms in the financial services sector.

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