Citigroup Streamlines Bill Discounting With New Paperless, Digital Solution For Clients
Citigroup Streamlines Bill Discounting With New Paperless, Digital Solution For Clients
CDB is a paperless solution within CitiDirect, replacing traditional Bills of Exchange by allowing digital signing, endorsement, and financing of receivables.Citigroup, Inc. (NYSE:C) launched Citi Digital Bill (CDB), which is a modernized digital bill discounting solution that streamlines a historically paper-intensive process.
花旗集團（紐交所：C）推出了Citi Digital Bill（CDB），這是一種現代化的數字票據貼現解決方案，可以簡化歷來以紙質爲主的流程。
CDB removes the need for physical documents, couriers, and the manual handling of paper across various locations.
CDB消除了對實物文件、快遞員以及手工處理紙質文件在不同地點之間的需求。
For sellers, this provides a quicker, more transparent receivables management process, reducing the time to monetize receivables from a week to under an hour.
對於賣方而言，這提供了一個更快、更透明的應收賬款管理流程，將從一週減少到不到一小時的時間來變現應收賬款。
CDB is a paperless solution within CitiDirect, replacing traditional Bills of Exchange by allowing digital signing, endorsement, and financing of receivables.
CDB是CitiDirect內的一種無紙化解決方案，通過允許數字簽名、背書和融資應收賬款取代傳統的匯票。
This innovation reduces delays and manual handling, accelerating receivables monetization and enhancing transaction transparency for all parties involved.
這一創新減少了延誤和手工處理，加快了應收賬款變現速度，提高了涉及各方的交易透明度。
CDB offers buyers real-time visibility into invoice approvals and access to digital bills, improving transaction tracking and management.
CDB爲買方提供實時查看發票批准和訪問數字票據的能力，改善了交易跟蹤和管理。
It also connects buyers with key banks for efficient risk matching and a smooth transition. The solution is currently available to clients in the U.S., U.K., and Ireland. CDB is set to expand to more countries in 2024, pending approvals.
它還將買方與主要銀行連接以進行高效的風險匹配和順暢過渡。該解決方案目前可供美國、英國和愛爾蘭的客戶使用。CDB計劃在2024年獲得批准後向更多國家擴展。
Sanjeev Ganjoo, Global Head of Trade Receivable Finance, at Citi Services, said, "The launch of Citi Digital Bill is a significant advancement in trade finance, marking a groundbreaking shift away from longstanding paper and the wet ink-based practice of discounting bills."
花旗服務(Citi Services)全球應收賬款金融貿易總負責人桑吉夫·甘祖（Sanjeev Ganjoo）表示：「Citi Digital Bill的推出是貿易融資方面的重大進步，標誌着擺脫長期以來的紙質貼現票據和溼墨水實踐的開創性轉變。」
"Citi Digital Bill is a testimony to our digital-first approach to enhancing trade finance solutions. By effectively leveraging the power of technology, we continue to create substantial value for our clients through increased speed and transparency."
花旗數字賬單是我們數字優先戰略的明證，以增強貿易融資解決方案。通過有效利用科技的力量，我們繼續爲客戶創造實質價值，提高速度和透明度。
In October, Citigroup reported third-quarter results, with revenue growing 1% YoY to $20.32 billion, beating estimates, with EPS of $1.51 exceeding the expected consensus of $1.31.
十月份，花旗集團報告了第三季度的業績，營收同比增長1%至203.2億美元，超出估值，每股收益爲1.51美元，超出預期一致預期的1.31美元。
Investors can gain exposure to the stock via First Trust Nasdaq Bank ETF (NASDAQ:FTXO) and Investment Managers Series Trust III FPA Global Equity ETF (BATS:FPAG).
投資者可以通過第一信託納斯達克銀行etf（納斯達克：ftxo）和投資經理系列信託III fpa全球股票etf（蝙蝠：fpag）獲得該股票的暴露。
Price Action: C shares are up 0.63% at $62.15 premarket at the last check Monday.
價格走勢：花旗股票在上個交易日早盤報收漲0.63%，報收於62.15美元。
Photo via Shutterstock
圖片來自shutterstock。
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