The Enforcement Directorate has restored Rs 11 crore to Citibank related to a 2010 fraud by Shivraj Puri, who misled ...

The bank had settled claims amounting to Rs 302.37 crore to the investors of the scheme perpetrated by Shivraj Puri, the ...

Citibank confirmed its app was experiencing technical issues on Wednesday after hundreds of Citibank customers reported ...

But Oetken disagreed and found that the intrabank transfers consolidate consumer funds to facilitate a subsequent fraud. James also claims that Citibank specifically instructs customers to waive the ...

The benefits of the anti-fraud monitoring services were also misrepresented. As the CFPB notes in a press release, “Citibank claimed the fraud alert service on credit card accounts would alert them of ...

"Occasionally, as with virtually all financial institutions, there are instances of fraud or breaches of third-party systems that require our taking actions to protect our customer and Citi.

Kinil Doshi is a Senior VP at Citibank and a fintech expert in banking compliance and risk management with two decades of experience. In this article, I want to explore AI applications in fraud ...

The ex-general manager of DXC Technology’s account with Citibank is accused of carrying out a fraud scheme in which he put friends and family on the payroll, then submitted “fabricated” time ...