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Citi Launches Citi Payment Insights For Institutions

PYMNTS

Citi announced Monday (July 16) the launch of Citi Payment Insights, a new service that gives institutional clients access to real-time payment information and the ability to action payments on demand via the CitiDirect BE electronic banking platform.

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Collaboration Is Key For Consensus On Cross-Border Payments

PYMNTS

Electronic bank transfers (16 percent) and regular ACH (11 percent) are also popular. In July, SWIFT released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. In the Nordics, we know the benefits of collaboration in the standards space.

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Citi Payment Insights Expands To 70 Markets

PYMNTS

Launched in July, Citi Payment Insights provides real-time payments visibility, including processing status and timelines, charges deducted across correspondent banks, the amount credited to the beneficiary and the ability to action payments on demand via its electronic banking platform.