• We’re excited to continue our support of @DFCgov’s developmental, inclusive finance and women’s empowerment priorities around the world through our lending activities in emerging markets. Link
    Citi Thu 06 Aug 2020 19:34

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  • Commercial card integration with business spend management platforms has transformed how companies buy goods and services. Now, the integration of Citi Virtual Card Accounts with @Coupa is delivering additional efficiency, visibility and control benefits. Link https://t.co/HMCk7zX0l1
    Citi Thu 06 Aug 2020 14:44

    Business Spend Management platforms have transformed how companies buy goods and services. Now, the integration of Citi Virtual Card Accounts with Coupa Pay is delivering additional efficiency, visibility, and control benefits across the procure-to-pay process, write Gene Cook, Director of Sales & Business Development, Coupa Pay at Coupa Software and Eric Spencer, Global Head of B2B Cards at Citi Treasury and Trade Solutions.

    Over the past decade, we have all become used to the convenience of eCommerce platforms in our everyday lives. More recently, businesses have turned to business spend management platforms to access similar benefits and streamline their procurement and sourcing processes, lower costs, and improve efficiency as well as control. Until recently, however, there was often a missing link in online procurement – payment was not effectively integrated and it required cumbersome manual processes.

    Corporates had to send files from their...

  • Managing the #climate risk and impact of our client portfolio is a key aspect of a low-carbon transition. #Citi has joined @PCAFglobal to invest in carbon measurement and further inform how we analyze, engage and collaborate with our clients. Learn more: Link https://t.co/xKDEVgpUF6
    Citi Thu 06 Aug 2020 14:29
  • To celebrate this #ADA30, our colleagues recently heard from @NYCDisabilities Commissioner Victor Calise and three of our #TeamCiti Paralympic athletes. See the important themes discussed and personal insights shared, as illustrated by @JennyLeonardArt: https://t.co/szL8a2yzm9
    Citi Wed 05 Aug 2020 19:18
  • We're at the forefront of building a foundation of standards around green trade finance for the future. Read about how we're enabling corporates to meet their ESG goals: Link https://t.co/4xC7GgzZXH
    Citi Wed 05 Aug 2020 18:53

    In fact, consumer demand for ethically and sustainably-sourced products has led to corporate social responsibility (CSR) commitments that reach across industries and supply chains. This in turn has led more and more businesses to consider incorporating environmental, social and governance (ESG) factors into their trade and finance decisions.

    The pressure is not just coming from consumers. More and more investors are incorporating ESG factors into their investment processes. The signatories to the UN Principles for Responsible Investment (PRI) — who have publicly committed to integrate ESG factors into their investment processes — now have combined assets under management (AUM) of some $83 trillion (www.citivelocity.com/citigps/purposeful-innovation-finance/).

    Forbes recently reported that more than 80% of mainstream investors now consider ESG policies when making investment decisions. The publication goes on to state that currently there are $22.89 trillion in...

  • With the GISD alliance and @UN, we’re calling for accelerated funding for the #SDGs through measures that include improved ESG data and scoring and enhanced public-private sector partnerships around sustainable finance. Learn more: Link #RenewRechargeReinforce https://t.co/II3h3nOB5K
    Citi Wed 05 Aug 2020 14:03
  • Congratulations Jane Fraser on being named one of the 2020 #FCMostCreative People in Business. Kudos to Jane and the @Citibanamex team for helping forge a safer mobile payment solution to drive financial inclusion in Mexico and beyond. Link
    Citi Tue 04 Aug 2020 21:02

    Mexico runs on cash—some 90% of transactions in 2018 were settled in cash, versus 26% in the U.S. Many Mexicans must travel or wait in line to pay for services, carrying cash that makes them susceptible to theft. Last year, the country’s central bank launched Cobro Digital (CoDi), a platform enabling anyone, including the 38% of Mexican adults without bank accounts, to make cashless payments. Jane Fraser, then Citibank’s CEO of Latin America, and her team helped design QR code specs to simplify transactions on mobile phones. She tapped Citibank experts from around the world (mobile banking is hugely popular in Asia) to work with the Mexico team to build and market the app. Today the bank’s Mexican subsidiary, Citibanamex, serves 6.5 million digital clients, and transactions under 8,000 pesos, or about $400, are free to consumers. “For me, it really epitomizes the notion [that] you’ve got to have humanity in banking,” she says. “The world is going to be both high tech and high...

  • Our global presence means we’re able to support clients around the world and on a consistent basis. This is evident as we help clients manage through turbulent times and future-proof treasury operations amid the COVID-19 pandemic. Read more: Link https://t.co/PZjjGTexUy
    Citi Tue 04 Aug 2020 18:47
  • RT @Citibank: What a weekend! #TeamCiti golfers hoisted the trophies at their tournaments. Congratulations @DanielleKang and @JustinThomas3…
    Citi Mon 03 Aug 2020 19:15
  • Our new five-year $250 Billion Environmental Finance Goal greatly exceeds our previous commitment in amount and time, demonstrating the accelerating demand for #climate solutions. Learn more: Link https://t.co/phqrDuBSdh
    Citi Mon 03 Aug 2020 16:40
  • The commercial cards industry has evolved and is ripe for growth. Card solutions can be integrated with multiple technology platforms and workflows, enabling organizations to seamlessly manage transactions and payments. Learn more: Link https://t.co/eCpy090kBk
    Citi Mon 03 Aug 2020 15:00

    Travel spend is often thought of as the foundation for a corporate card program. Your employees need to travel to meet clients, attend workshops and visit offices around the globe and they want a seamless payment experience to pay for items such as flights and hotels. A corporate card program provides travelers with a simple mechanism of payment while providing the company with transparency and visibility.

  • "What really made Citi stand out in the Leaders in Trade awards was the upgrade to its Citi Supplier Finance offering that it carried out last year." Citi has been named the world’s Best Supply Chain Finance Bank 2020 in @gtreview's Leaders in Trade awards Link https://t.co/9ghIgkEJYW
    Citi Mon 03 Aug 2020 07:05

    The GTR Leaders in Trade awards highlight excellence in the trade, commodity, supply chain and export finance, and fintech markets, recognising pioneering institutions and top performers from around the world. Judging is based on submissions sent to GTR that outline institutions’ greatest achievements throughout the course of 2019*. Congratulations to the winners!

     

    *The names listed under each category are based on submissions sent to GTR. In some cases, where entries overlap with Best Deals signed in 2019, GTR also draws on those transactions.

     

    Regional awards

    Best trade finance bank in:

    East Africa:

    Shortlisted nominees: FCMB Bank (UK), Standard Bank

    Winner: Standard Bank

     

    West Africa:

    Shortlisted nominees: BACB, FCMB Bank (UK), The Access Bank UK, Zenith Bank (UK)

    Winner: Zenith Bank (UK)

     

    Southern Africa:

    Shortlisted...

  • Congratulations to #TeamCiti golfer @DanielleKang on her win this weekend! ??? https://t.co/ii7RvrcfgZ
    Citi Sun 02 Aug 2020 23:19
  • As part of our strategy to digitize trade globally, we've issued our first letter of credit using Konsole by Komgo, a blockchain-based platform aiming to digitize the trade and commodities finance industry. Learn more about our global trade capabilities: Link https://t.co/JrFJOwbQhH
    Citi Fri 31 Jul 2020 20:47
  • As part of our strategy to digitize trade globally, we've issued our first letter of credit using Konsole by @Komgo, a blockchain-based platform aiming to digitize the trade and commodities finance industry. Learn more about our global trade capabilities: Link https://t.co/Vfz9YuXyuU
    Citi Fri 31 Jul 2020 20:42
  • Participating in virtual volunteer opportunities for Global Community Day can make a big impact. In the UK, #CitiVolunteers are volunteering with organizations like @ThinkForwardUK to help review & craft the CVs of high school students looking to develop their career aspirations. https://t.co/uLdi0WpmBs
    Citi Fri 31 Jul 2020 19:32
  • We are delighted to be ranked #1 across 16 markets in @FOWgroup’s annual Sub Custody Survey 2020. This is a true testament of our commitment to the local markets and recognition of the strength of our global network. Link https://t.co/lzcPwu5HD7
    Citi Fri 31 Jul 2020 14:22
  • #TeamCiti is an inspiration on and off the course. Join us in cheering on @DanielleKang as she makes a strong return to competition this weekend. Good luck, Danielle! ?? https://t.co/UykYqlzmce
    Citi Fri 31 Jul 2020 13:02
  • Innovation excites organizations of all sizes, industries and geographies, pushing them to explore new ways of thinking and drive new customer expectations. How does data and digitization enhance the client experience for you? Find out more: Link https://t.co/nlp5K1BtTa
    Citi Thu 30 Jul 2020 20:31

    Innovation excites organizations of all sizes, industries and geographies, constantly pushing against perceived limitations to explore new ways of thinking, and drive new customer expectations.

    Too often, however, these innovations fail to deliver on their promise, not least as they are often too difficult or inconvenient for customers to adopt, use, or interact with. New solutions and services need to address a specific need or aspiration, and improve the experience of users from multiple dimensions to be successful. Achieving this requires not just a fresh development approach, but an entirely different mindset.

  • We're thrilled to be included on @FastCompany's 2020 list of the Best Workplaces for Innovators. At #Citi, all colleagues are empowered not only to innovate, but to innovate with purpose. Read more about our approach to innovation: Link
    Citi Thu 30 Jul 2020 18:31

    July 30, 2020 02:00 PM

    "Life moves pretty fast. If you don't stop and look around once in a while, you could miss it." - Ferris Bueller

    It's amazing how quickly things change. In recent years, we've seen society transform with unprecedented speed. The gig economy has created opportunity for millions of people. Blockchain is revolutionizing how we transact with each other. ESG has become a central consideration for many companies. Celebrated institutions like Radio Shack and Ringling Bros. and Barnum & Bailey Circus have closed their doors, while new obsessions like at-home stationary bikes and plant-based meat substitutes have come to the fore.

    Change occurs exponentially, and recent advances in technology, responses to societal challenges and shifting human behavior have only accelerated this unprecedented development across the globe. While much of this change has been for the better, it's important to recognize that not everyone has...

  • In case you missed it: @edskyler, Citi's Head of Global Public Affairs, spoke with @jeannemeserve for the @AtlanticLIVE 'Power of Purpose' event to discuss Citi's new 2025 #Sustainable Progress Strategy. Watch here: Link https://t.co/cVzsY7tyJH
    Citi Thu 30 Jul 2020 18:16
  • Digital solutions can enhance treasury’s strategic role and contribute to sustainability objectives. Learn how treasury can drive the sustainability revolution: Link https://t.co/pV8Lhir7Op
    Citi Thu 30 Jul 2020 14:01
    Treasury’s strategic role in supporting the business can be enhanced by the growing importance of environmental, social and governance issues. Digital financial solutions can help corporate treasuries contribute to a company’s sustainability objectives.
  • RT @MikeBloomberg: Meeting our climate goals will require the private sector to take real action, and @Citi’s new five-year sustainability…
    Citi Thu 30 Jul 2020 13:21
  • “It’s not the firm pushing something top-down, #sustainability is now percolating within the businesses.” #Citi CEO Mike Corbat talks to @business about the launch of our new 2025 #Sustainable Progress Strategy in the midst of #COVID19. Citi Wed 29 Jul 2020 19:35
    Citigroup Inc., one of the biggest lenders to energy companies, said it will measure and disclose emissions tied to its massive lending portfolio and is working to finance $250 billion of sustainable activities by 2025 after reaching an earlier goal four years ahead of schedule.

    ###

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  • RT @AtlanticLIVE: Why focus on sustainability? - @JeanneMeserve @Citi’s @edskyler: we use our balance sheet to solve problems in society,…
    Citi Wed 29 Jul 2020 19:05
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