Low-code development platform Genesis lands $20m funding from BofA, BNY Mellon and Citi
The company secured $200 million in a Series C round led by Tiger Global earlier this year.
Citi
Citi partners METACO to develop digital asset custody capabilities
Citi will integrate METACO’s bank-grade digital asset custody and orchestration platform, Harmonize.
FinTech Futures: Top five stories of the week – 17 June 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
NatWest, Citi, Barclays trial Finteum intraday FX swap and repo platform
Given the rising interest rate environment, liquidity optimisation is a high priority, Finteum says.
Layoffs and hires: Curve, Gemini and Citigroup
Curve and Gemini lay off employees, while Citi plans on hiring 4,000 techies.
Citi plans to scale global e-commerce payments platform to 30 countries
Spring by Citi enables the bank’s institutional clients to accept consumer payments online.
Citibank’s digital asset group leaders quit to set up new crypto venture
Alex Kriete and Greg Girasole say more details will follow in the coming weeks.
SIX, BIS and SNB conduct CBDC core banking integration test
Citi, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg and UBS also took part in the experiment.
Citi to take $1.5bn charge shuttering South Korean retail banking business
The charge related to the closure will affect the bank’s operations through the rest of 2021 and 2022.
Citi picks Capital One’s Naveed Anwar for digital head of TTS
The Capital One man is an industry veteran of 20 years across PayPal, eBay and AOL.
Six global banks endorse Swift’s new platform for international payments flows
The transaction management platform is set to launch in November 2022.
2020 review: 10 largest regulatory fines this year
The fines kept flowing even in a year as turbulent as 2020.
Citi to pay $400m OCC fine for risk management failures
“The heavy lift will be the technology upgrade, which [the regulators] will micromanage.”
Sibos 2020: Citi’s CEO calls on banks to deliver social justice
“We have a larger obligation to deliver fairness.”
Citi invests in markets software firm Genesis Global Technology
The undisclosed strategic injection sees Citi deploy some Genesis tech.
Citigroup promises $1bn to close US racial wealth gap
Citi figures suggest $5trn could be added to US economy in doing so.
CloudMargin raises $15m Series B from Citi and Deutsche Bank
Investors say high market volatility has highlighted the need for such CloudMargin’s platform
FinovateFall 2020: Customer trust will test the new digital normal
Panel wonders if consumers will stick with digital solutions post-pandemic.
Citigroup restarts job cuts after coronavirus pause
US lender plans big infrastructure changes in the final months of the year.
Citigroup first US bank to snag Chinese custody licence
Citi China can now open up custodian banking services.
Singapore fintech Spark Systems lands $10.5m from Citi and HSBC
These heavy weight investors join existing backer Goldman Sachs.
Citi’s Proxymity lands $20.5m from HSBC, JP Morgan and Deutsche Bank
The funding round will see it become its own London-based entity.
Citi deploys Cobalt post-trade infrastructure
US investment bank installs tech to reduce duplication.
Citi partners Global Processing, PPRO to support new payments offering
Spring by Citi will be offered to institutional clients.
UK fintech Kantox partners with Citi Bank for FX solution
Kantox will deliver a “customised solution” for the bank’s FX clients.
BIAN takes aim at core banking modernisation with new initiative
It wants to create an efficient and effective approach to core change.
Video: fintech news weekly round-up – 30 August 2019
FinTech Futures and KAE, a strategic marketing consultancy firm, have teamed up to bring you short and sweet round-ups of the week’s selected news stories – in a video format. The latest weekly video covers: Apple Card launches AmEx, Citi and Goldman invest in digital mortgage startup Better.com JP Morgan to shut down Chase Pay […]
Citi and Vasakronan execute first MTN on Origin
The pair successfully raised AU$30 million using the debt origination platform.
Citi backs ChartIQ’s desktop integration technology
Undisclosed investment adds to $17.4 million Series B round.
Citi launches NextGen AI compliance project
In partnership with EY and SAS.
Citi and Kyriba go API for faster payments
SaaS platform brings bank connectivity for treasury ops.
Citi and HSBC capitalise on Capitolis FX tech
Streamlining the novation processes.
Top fintech stories this week – 25 January 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Citi tests out TCS Bancs for core system revamp
EXCLUSIVE. The bank is testing the platform in Singapore.
Citi partners with MoneyBack for customer rewards
Do any of these niche APIs partnerships see much use?
US bank customers enter Glassbox’s digital world of pane
Clever customer management for JP Morgan Chase, Bank of America, Wells Fargo, and Citi.
Citi feeds on Feedzai for risk management
Citi Treasury and Trade Solutions to integrate transaction monitoring technology.
Citi brings in biometrics for treasury platforms
Fingerprint and facial recognition now in for CitiDirect BE.
Data privacy provider Privitar picks up investment from Citi
UK firm plans to expand its US teams on the East Coast.
Top fintech stories this week – 19 October 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
