Would you rather teach golf to a two-year old, or talk about your income with a co-worker? That’s just one of the questions Citi is asking consumers with its new advertising campaign aimed at erasing some of the awkwardness involved when talking about money. The company’s traditional ads (which featureRead More
Post Tagged with: "Citibank"
Citigroup today announced another digital wallet for payments, Citi Pay, to enable payments in-store, in-app, and of course online. The service will be rolling out to Citibank customers in Australia, Singapore, and Mexico later this year, with a U.S. launch planned for early 2017. (Few banks are as global as Citi.) BarryRead More
Citi Fintech launched in the fall of 2015 to build the bank of the future, but it has yet to release a product. Now Citigroup‘s innovation unit has lost its CEO. USAA announced today that Citi Fintech CEO Heather Cox was joining the bank as chief technology and digital officer, a newRead More
Brett King opened yesterday’s episode of Breaking Banks with the new Citibank report, which suggests disruption will lead to a 30% cut in employees across the retail banking sector. Next up was data and its use in providing context to the consumer experience. Pat Phelan of Trustev and Paul Siegfried of TransUnion spoke about the developmentsRead More
15. Bank of Ireland brings up the old roommates versus girlfriend trope. It works out for the bank though, and its impressive mobile mortgage functionality. 14. Check out this completely bizarre Citigroup video about a wrecking ball/pinata party. You sort of get what it’s about if you make it to the end.Read More
Will that be credit or debit? Or rather, what’s the difference? Beyond the obvious — debit cards pull money from your checking account while credit cards draw on a credit facility the issuer has provided — there’s not much difference to a consumer, provided she has money in her checking account. ThisRead More
4. Heather Cox, Citi FinTech Big banks can’t innovate? Er, no one told Heather Cox or Citigroup, which recently launched a mobile-first unit led by Cox, previously the bank’s chief client experience, digital and marketing officer. Cox was in charge of Citibank’s move to the Apple Watch last March, wellRead More
Andres Wolberg-Stok, global head of emerging platforms and services for consumer banking at Citigroup, will present on mobile device security at Bank Innovation Israel in Tel Aviv this November. Andres joined Citi in 2000 and leads the team responsible for innovation in digital platforms and advanced customer features.
Cross River Bank, a major player in the marketplace lending space, expects to securitize $100 million of these loans later this year, Bank Innovation has learned. Cross River will be among the first lenders to do so, and the securitization will add valuable liquidity to the marketplace lending sector. Citibank announced last week itRead More
It is called “cool” on Reddit, but the new bitcoin email transfer service called MoneyPacket.org just adds complexity to the movement of cryptocurrency, rather than eliminating it. MoneyPacket.org’s founder, known on Reddit as loveforyouandme, explained that he launched the service last weekend to help newbies to bitcoin: I see this beingRead More