Citi brings in biometrics for treasury platforms
Fingerprint and facial is not the name of a new TV detective show on Netflix, but Citi Treasury and Trade Solutions’ (TTS) latest biometric authentication for its core treasury platforms.
The bank is a busy bunny with various developments and investments, and this time it’s offering fingerprint and facial recognition for CitiDirect BE desktop and mobile.
Tapodyuti Bose, global head of channel and enterprise services, Citi Treasury and Trade Solutions, says: “By leveraging existing built-in biometrics authentication capabilities on mobile devices, clients can now access CitiDirect BE quicker, further enhancing the user experience.”
CitiDirect BE is available in 95 countries, across 26 languages and over 135 currencies.
According to the bank, it provides a single point of access for institutional clients to a range of cash, trade, liquidity and investment services.
Citi TTS adds that it works with fintechs and other companies to provide “cutting-edge solutions”.
One such example is from July, when it teamed up with HighRadius Corporation, a software company specialising in cloud-based integrated receivables, to launch Citi Smart Match.