Citi Global Transaction Services (GTS) for Europe, the Middle East and Africa (EMEA) will provide customised pre-paid card solutions, in pounds sterling, euro and US dollar, for UK corporate and public sector clients, including payroll, consumer rewards and employee incentives that the recipients can then use worldwide. Citi will look to continue to expand this offering across other countries in EMEA over the next several months.
This international expansion follows the renaming of Ecount, a pre-paid cards provider in the US acquired by Citi in 2007.
Rajesh Mehta, managing director and regional head for treasury and trade solutions for EMEA at Citi, said: “The launch of Citi Prepaid Services in the UK, followed by our other EMEA markets, is demonstrative of Citi’s unrivalled ability to support our clients. We are able to supply our clients with innovative solutions that offer them greater flexibility, allowing them to deliver payments with ease. Citi clients will benefit from dedicated client service teams, which will provide local expertise combined with globally consistent services that are top rated in the industry.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more