Dhaka, Bangladesh (BBN) – Citi has announced that its Global Transaction Services business has launched Mobile Authorization functionalities for its corporate clients in Bangladesh.

CitiDirect Mobile will use mobile internet browsers to bring core transactional functionalities of CitiDirect Online Banking, Citi’s award winning Internet banking platform, directly to users’ mobile phones, providing real-time access anywhere. Citi’s new solution will allow company signatories to receive SMS notifications on pending payments and they can also use their mobile phones to log in to CitiDirect and authorize payments.

Commenting on this, Rashed Maqsood, Managing Director & Citi Country Officer-Bangladesh said, “Citi is committed to bringing world-class solutions to the Bangladesh market and I am delighted that we are one of the pilot countries in Asia for this new functionality. By bringing banking to our client’s mobile phones, our clients will now have greater flexibility to stay connected with Citi. There is a global trend of Digitization and Globalization and we will continue to roll out new solutions for the Bangladesh market which will support these world-wide trends.”

BBN/SSR/AD-17Oct11-1:07 pm (BST)