Citi, a global financial services leader, has taken a significant step towards improving cross-border payment efficiency by expanding its Citi Token Services (CTS) platform to support euro transactions and establishing a new operational center in Dublin. This move aims to enhance real-time, 24/7 U.S. dollar-euro payment capabilities, reducing barriers for international transactions.
According to a press release by Citi on November 7, the integration of euro transactions into the CTS platform will streamline cross-border payments, providing customers with faster and more convenient payment options. The addition of euro support reflects Citi’s commitment to enhancing its global payment infrastructure and meeting the evolving needs of its clients in an increasingly interconnected world.
Paul White, currently serving as the regional CEO for Sedgwick International, has been appointed as the CEO of Sedgwick’s international operations, effective January 1, 2026. White’s extensive experience in the insurance industry positions him well to lead Sedgwick’s international operations and drive growth in key markets.
The expansion of Citi Token Services and the appointment of Paul White as CEO of Sedgwick’s international operations underscore the ongoing efforts within the financial services sector to adapt to changing market dynamics and customer demands. By leveraging technology and strategic leadership appointments, companies like Citi and Sedgwick are positioning themselves for sustained growth and success in a competitive landscape.
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In conclusion, Citi’s expansion of CTS to include euro transactions and Sedgwick’s appointment of Paul White as CEO of international operations demonstrate a commitment to innovation and strategic leadership in the finance and insurance sectors. These developments have the potential to enhance cross-border payment efficiency and drive growth in key markets, ultimately benefiting customers and stakeholders alike.
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References:
– Citi Token Services Adds Euro Integration, Operations in Dublin. (2025, November 7). PYMNTS. https://www.pymnts.com/news/cross-border-commerce/cross-border-payments/2025/citi-token-services-adds-euro-integration-operations-in-dublin/
– Sedgwick Names Paul White as CEO of International Operations. (2025, November 12). Claims Journal. https://www.claimsjournal.com/news/national/2025/11/12/334010.htm
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