Citigroup Inc.
20 Stories
S'pore banks rush to heed e-commerce call
News With the rise in Internet shopping in the country, banks have been tying up with logistics providers to offer one-stop services to attract more credit card purchases.
Tags: E-commerce, Banking, E-business, Citigroup Inc., payment, brand name, bank, Card Merchant, Gap.com, logistics provider
Singapore's M1 finally pilots NFC
News update MobileOne is the last of country's three mobile operators to begin mobile payment trial based on near-field communication technology.
Tags: Network infrastructure, Mobile platforms/communications, Mobile applications, Mobile commerce, Starhub, Mobile, SingTel, Cooper, Information And Communication Technology, Singapore
Mobile banking picks up in Asia
News Banks that are on mobile banking bandwagon report strong growth, while analyst says those that lack such a service today are at risk of losing customers.
Tags: Mobile/Wireless, Business applications, Mobile applications, Hong Kong, Mobile Banking, Asia-Pacific, Singapore, Citigroup Inc., Indonesia, financial
When cash is king in M&A
Blogs Following on from last week's posting, we've seen more merger and acquisition (M&A) activity with TCS acquiring Citigrou...
XBRL standard could highlight financial risks
News The IBM Data Governance Council is launching a year-long initiative to try to develop a taxonomy to describe risk in the XBRL business data language.
Tags: Data Management, Data security, XBRL, IBM Corp., Bank Of America Corp., Financial Company, Citigroup Inc., enterprise data management, IBM Data Governance Council, American Express Co.
Cisco nabs data center software startup
News Cisco Systems plans to buy Tidal Software for US$150 million in cash as it bulks up its offering for corporate data centers.
Tags: Acquisitions, Data centers, Data Management, Tidal Software, Cisco Systems Inc., IT Manager, computer server, Citigroup Inc., Server, software
Citibank Singapore customers get identity protection service
News ID Protect service helps bank customers prevent identity theft, and also provides assistance to restore customer's stolen credit record.
Tags: Business security, Singapore, Citigroup Inc., phone, payment, Customer, financial, bank, Service Coverage, Internet
TCS swallows Citi's BPO unit for US$505M
News Indian outsourcer will take over Citigroup Global Services Limited (CGSL), which will continue providing business processing services to Citi under a separate deal worth US$2.5 billion over nine and a half years.
Tags: Outsourcing, IT outsourcing, Tata Consultancy Services Ltd., Citigroup Inc., BPO, Silicon.com, financial, financial service, revenue, application development
Recession bringing offshored work back to UK
News Increasing efficiency in the United Kingdom has spurred companies to review which offshored work could be brought back in-house.
Tags: Outsourcing, IT outsourcing, EMEA, Conference, India, Citigroup Inc., BPO, recession, job, U.K.
Short Take: PCCW-Telstra venture gets financing for M1 bid
News Pacific Century CyberWorks and Telstra have secured financing to bid for Singapore's second-biggest cell phone company, MobileOne Asia Pte Ltd.
CyberWorks says it will repay US$417m bank loan
News Pacific Century CyberWorks Ltd. said it will repay a HK$3.25 billion (US$416.7 million) syndicated loan after failing to come to terms with lenders to extend it.
Vodafone to file Optus bid proposal this week
News Vodafone Group Plc will file as early as tomorrow a proposal to buy Cable & Wireless Optus Ltd, Australia's No. 2 phone company, the antitrust regulator said.
Datacraft Asia's fiscal H1 profit may rise 67% on sales
News Datacraft Asia Ltd, which has set up a quarter of Asia's data networking systems, may post a 67 percent gain in its fiscal first-half profit as companies bought equipment to expand networks in Japan, Korea and China.
Hyundai Electronics to sell US$782m of assets, cut 5,000 jobs
News Hyundai Electronics Industries Co said it plans to raise 1 trillion won (US$782 million) in asset sales and cut 5,000 jobs, hoping to convince investors the world's second-largest computer memory chipmaker can stay afloat.
IBM passes Cisco in market value for 1st time since 1999
News International Business Machines Corp passed Cisco Systems Inc in market value for the first time since September 1999 after Cisco shares fell to a 22-month low.
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