Mandates and payments roundup, August 2

Citi extends its partnership with JCB International, while ING Bank launches a new client desk to offer cross-border commercial banking services.

Citibank and JCB International expand card alliance

Citibank and Japan Credit Bureau International JCBI, the international operations subsidiary of JCB, will extend their card partnership in Asia by adding JCB credit card merchants in nine countries and territories in the region. JCB cardholders will be able to use their cards at Citibank’s physical and e-commerce merchant base in Asia.

“Southeast Asia, Hong Kong and Taiwan are some of the most important markets for JCB because of the strong growth and increased retail spending,” said Kimihisa Imada, deputy president at JCBI.

The JCB card will be accepted at Citibank merchants in Hong...

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