Citigroup - Enterprise Tech Ecosystem Series
Summary
This report provides insight into Citigroup’s fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, and its estimated ICT budget.
Citigroup is a provider of diversified financial services.Its portfolio of offerings comprises retail, commercial, and investment banking; securities brokerage; trade and securities services; and wealth management solutions.
The group provides a range of accounts and deposit services, debit and credit cards, loans and mortgages, small business banking solutions, treasury and trade services, and corporate and institutional lending.Citigroup also offers asset management, capital market, and securities services.
The group has an operational presence in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific; it serves individuals, corporate companies, small businesses, and institutional and government clients.
Scope
- As part of its transformation initiatives, Citi continues to make investments to improve its infrastructure, risk management and controls, and further enhance safety. For example, Citi continues to invest in its technology and digital capabilities, including digital platforms and mobile and cloud-based solutions.
- Citigroup has been investing and collaborating with fintech startups and other technology companies to enhance its products and services, achieve operational efficiencies, and improve customer experiences. It does so by leveraging emerging technologies including artificial intelligence, big data analytics, cloud, blockchain, cybersecurity, payments, and automation.
- Citi has invested in quantum finance to quantify risks and to protect its network and data resources. Citi developed a three-pronged approach to digital security: channel protection, transaction monitoring, and data privacy. It has also invested in cybersecurity firms including Immersive Labs, Socure, Trulioo, Verodin, and Pindrop Security to leverage their expertise in identity verification and fraud prevention.
Reasons to Buy
- Gain insight into Citigroup’s fintech operations.
- Discover its fintech strategies and innovation initiatives.
- Learn about its product launches, partnerships, and investments.