Tracey Weber, Citigroup’s managing director of internet and online banking, will be leaving the bank in late June. Under her stewardship, Citibank integrated PFM into its online banking, developed a tablet app, and refocused online and mobile banking around a user-centered experience. She is the recipient of numerous awards for her groundbreaking work. Weber...
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11. Bradley Leimer, Vice President, Online/Mobile Strategy, Mechanics Bank, publisher of Discerning Technologist Dubbed the Bieber of Fintech by his 5,400+ Twitter followers, Bradley Leimer is the go-to guy for the latest in financial technology. A passionate advocate of the community bank (some aspects of community banking are simply not scalable up to the...
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Union Bank won the deposit race in the first quarter. The San Francisco bank increased its federally insured deposit dollars in the first quarter of 2013 more than any of the nation’s 20 biggest banks by assets. Union’s deposits grew 8.2%, or $2.3 billion, over last quarter, according to FDIC data reviewed by Bank Innovation....
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Alex Davies of Business Insider posted this image of a Citi Bike abandoned in New York’s Grand Central Station. Bikes are supposed to be returned to designated stations which, as you can see, didn’t happen here. The deposit on the bikes is $101. Davies speculates the bike was stolen, then abandoned. No comment (requested) from...
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Financial data company Bloomberg ranked the banks in the US, and Citigroup came out on top. The bank also finished 9th in the world, while the top spot worldwide went to Qatar National Bank. Ratings for strongest US bank were based on five criteria: Tier 1 Capital to Risk-Weighted Assets Ratio, Nonperforming Assets, Loan Loss Reserves, Deposits to Funding Ratio, Efficiency...
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Call it a “fat” lip for Citibank. The Citigroup-sponsored Citi Bike initiative is weathering charges of “discrimination” over weight limits of 260 pounds on its Citi Bikes, the public network of 10,000 bicycles in New York sponsored by the mega bank. According to The New York Post: Can obese cyclists sign up for the...
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Corbat’s discussion of digitization begins around the 5:45 mark.
In yet another sign of the risks of social media marketing, Citibank’s Twitter campaign for its new Citi Simplicity Card has been hijacked with negative tweets. The hashtag #CitiSimplicity, designed to showcase social media comments on the new Citi credit card, is generating some negative comments about the bank. For example, Citi posted a...
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Which of the nation’s 20 largest banks seem to have ticked off its customers most over the last year or so? Try HSBC Bank, Sovereign Bank, RBS Citizens, TD Bank and SunTrust Banks. Among the Top 20 banks by deposits in the nation, these five banks had the greatest rate of consumer complaints per...
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It’s no secret that mobile banking customer numbers are growing, and it’s even no secret how many customers the big banks have. Well, that’s not exactly true. It’s no secret about how many mobile users Wells Fargo & Co., JPMorgan Chase & Co., and Bank of America Corp. have. Citigroup, however, is another story....
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