Citigroup plans on unveiling a digital savings account for American Airlines cardholders

📆 11/4/2019 4:02 PM
📰 CNBC

⏱ Reading Time:
13 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 72%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Citigroup, the third biggest U.S. lender by assets, is leaning on its popular credit-cards to help it raise deposits on the banking side.

have exceeded it in gathering deposits in recent years, thanks in part to their bigger respective network of physical branches, and Citigroup is fighting back with a suite of digital offerings.

"As we think about investments we've made in technology and our ability to mine the data that we have of our customers, we're able to create value propositions that they're likely to respond to," CFO Mark Mason said last month.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uber reveals its new financial services team Uber Money - Business InsiderUber is launching a digital wallet, dubbed Uber Wallet, in addition to reintroducing the Uber Credit Card, and updating its Uber Debit Account.
Source: BusinessInsider - 🏆 729. / 51 Read more »