Citi’s Global Transaction Services (GTS) business has opened a new global research, development, innovation and learning centre at its offices in Dublin. Citi also announced the investment of US$4m for the development of a next generation intelligent payments solution. The centre will work closely with many leading technology companies, such as Microsoft and Cisco.
Francesco Vannid’Archirafi, chief executive officer of GTS and chairman of Citibank Europe, said: “The research, development, innovation and learning centre will enable us to create the next wave of financial platforms and solutions for the financial services industry. We will continue to collaborate with major technology companies, with academia and with government to build upon this success.”
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