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（NYSE:C）推出了Citi數字賬單（CDB），這是一種現代化的數字賬單貼現解決方案，簡化了歷來以紙質文件爲主的流程。
CDB removes the need for physical documents, couriers, and the manual handling of paper across various locations.
CDB消除了對實體文件、快遞員以及在不同地點手動處理紙質文件的需求。
For sellers, this provides a quicker, more transparent receivables management process, reducing the time to monetize receivables from a week to under an hour.
對賣家來說，這提供了一個更快、更透明的應收款管理過程，將應收款的變現時間從一週縮短到不到一個小時。
CDB is a paperless solution within CitiDirect, replacing traditional Bills of Exchange by allowing digital signing, endorsement, and financing of receivables.
CDB是CitiDirect內的無紙化解決方案，通過允許數字簽名、背書以及融資應收款，取代了傳統的匯票。
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動處理，加速了應收款變現，並提高了所有參與方的交易透明度。
CDB offers buyers real-time visibility into invoice approvals and access to digital bills, improving transaction tracking and management.
CDB爲買家提供實時查看發票批准情況並訪問數字賬單的能力，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.
它還將買家與主要銀行聯繫起來，實現高效的風險匹配和順利過渡。該解決方案目前已提供給美國、英國和愛爾蘭的客戶。 CDB計劃在2024年獲得批准後擴展到更多國家。
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."
花旗服務的貿易應收融資全球負責人Sanjeev Ganjoo表示：「Citi Digital Bill的推出是貿易融資領域的一項重大進展，標誌着遠離長期紙質和溼簽名貼現匯票的實踐的突破性轉變。」
"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方法的明證，旨在增強貿易融資解決方案。通過有效地利用技術的力量，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.
10月，花旗集團報告了第三季度業績，收入同比增長1%至203.2億美元，超過預期，每股收益爲1.51美元，超過預期共識的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（NASDAQ:FTXO）和投資經理系列信託III FPA全球股票etf（BATS:FPAG）獲得股票暴露。
Price Action: C shares are up 0.63% at $62.15 premarket at the last check Monday.
價格行動：花旗股價於週一最後交易日盤前上漲0.63％至62.15美元。
Photo via Shutterstock
圖片來自shutterstock。
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譯文內容由第三人軟體翻譯。
