Citi has pledged to source $2.5 billion in incremental capital to improve access to electricity for millions of people across Africa as part of the “Power Africa” initiative. Power Africa is a multi-stakeholder partnership between the US Government, governments of several African countries and other public and private sector entities, working to accelerate investment in
Citi, the largest global issuer of self-owned and managed corporate cards is the first commercial card issuer to offer an exclusive suite of global, enhanced travel reports via Concur’s TravelTrax platform through a recent agreement with Concur, the leading provider of spend management solutions and services. With this new arrangement, the two industry leaders will
Citi has launched its redesigned Citi Mobile app for iPhone and Android devices to provide U.S. banking and credit card customers with new and enhanced mobile account management capabilities. New features, a cleaner, sleeker design, intuitive navigation and alerts on-the-go have been added to make it faster and simpler for customers to check balances, transfer
Citi and American Airlines have announced that beginning in March 2014, the Citi Executive / AAdvantage World Elite MasterCard will be the only U.S. credit card offering full membership benefits at the American Airlines Admirals Club airport lounges. “The American Airlines Admirals Club lounges are an oasis in the airport to many travelers, and we
Just in time for the holiday season, Citi is introducing a new way for ThankYou® Rewards members to turn virtually anything purchased online into their own personal reward. ThankYou Rewards members can now shop with a Rewards Account Number, a virtual credit card account number linked to their Citi credit card and ThankYou Rewards account,
Citi announced the appointment of Anil Wadhwani as Head of Consumer Banking in Europe, the Middle East and Africa (EMEA). Citi has a Consumer and Commercial Banking presence in 10 markets in EMEA, serving 2.5 million unique customers and 17,000 commercial clients with a network of 202 branches and a credit card market share exceeding
Citi announced that it successfully completed on September 6 the acquisition from Capital One Financial Corp. of Best Buy’s U.S. credit card portfolio and the conversion of the portfolio to Citi’s systems. Citi Retail Services, the premier provider of credit card products, services and solutions for North America retailers, will manage the portfolio going forward.
