Citibank India says it has begun to offer the chip-based Citibank Commercial credit card. The bank will issue the cards with both Visa Inc. and MasterCard Worldwide brands, a bank spokesperson tells CardLine Global. Citibank says cardholders can access a account management software that enables reconciliation of spending data directly into a company's expense-management system. Citibank says it issues similar cards to more than 3,000 companies in 45 countries. Citibank has issued more than 3.8 million credit cards in India, the spokesperson says.
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An albeit smaller sample of financial advisors participating in FP's Compensation Survey nevertheless reflected the industry-wide trend around gender pay gaps.
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In its latest 2026 guidance, the Pittsburgh-based bank predicted an increase in income, but also an uptick in expenses. Much like JPMorganChase, which made a similar revision to its forecast this week, PNC views the two trends as inseparable.
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The deal is the latest in a series of acquisitions by bank core provider CSI, which is further expanding its offerings for regional and community banks.
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"Ultimately, adoption and embedding in a company is going to be the differentiator for many firms on whether or not they're successful with AI," said BNY CEO Robin Vince.
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Increased use of artificial intelligence led to revenue growth and productivity gains during the second quarter, the bank's leaders said.
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Russell Vought, testifying in front of the House Financial Services Committee for the first time in his tenure atop the bureau, was unapologetic about his attempts to cut the consumer protection agency and its regulation and supervision functions.
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