Citi announces global partnership with Visa’s Syncada

Citi joins Syncada’s network to provide solutions for corporate clients, and also opens an outlet in Chongqing airport in China.

Citi’s global transaction services has joined Syncada’s network to provide its clients with a solution to manage their accounts payables. According to the two companies, the processing and payment capability of Syncada -- which is a joint venture between Visa and US Bank -- will give Citi’s clients greater transparency, flexibility and control and will be part of Citi’s working capital and supply chain management offering.

“Adding Citi to the Syncada network is significant for us. As one of the world’s largest financial institutions, Citi has a well-founded reputation for smartly introducing innovative products and operating as a global bank with an operational presence all over the world,” said Kurt...

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