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Tag: Citi

Banking

FIs deploy AI to fight digital-asset related fraud

[ad_1] Financial institutions are cautiously deploying AI to crack down on fraud associated with digital assets.  Crypto-related scams, ransomware, darknet markets transactions and money laundering cost financial institutions $154 billion in 2025, a 162% increase from 2024, according…

Banking

How Citi is building AI from the inside out

[ad_1] Citi is looking inward to identify and develop new AI use cases and deploy existing AI tools within the organization.  Citi has launched two internal programs this year, AI Champions and AI Accelerators, Payal Jain, head of application engineering and…

Banking

Citi upgrades business banking with AI

[ad_1] Citi is integrating AI-driven automations into its digital business banking platform with the goal of greater efficiency.  CitiDirect Commercial Banking aims to bring…

Banking

Citi reduces costs, invests in tech

[ad_1] Citi posted cost reductions in the third quarter as it benefits from ongoing simplification efforts.   The $1.7 trillion bank’s total operating expenses clocked…