OREANDA-NEWS. June 4, 2012. A new mobile banking service provides clients with the opportunity to carry out a number of operations on their corporate accounts as well as to view and authorize payment orders from any mobile device.

ZAO Citibank launches a new service for institutional clients – CitiDirectSM BE Mobile, which allows clients to receive alerts, authorize and release payment orders, check account balances and transaction status using their mobile phones or tablet computers. This new global service now available in Russia and CIS provides real time access to bank accounts, regardless of location, while maintaining a high level of information security. This service is now available in eleven languages, including Russian.

Developed by the Citi Innovation Lab Dublin in conjunction with the CitiDirect® Online Banking technology team, this service allows clients to access core transaction functionality available with CitiDirect®, Citi’s institutional online banking platform. Since commercializing the browser-based mobile application in August 2011, Citi has made the solution available in 82 countries and has processed over USD 1 billion in total transaction value for 300,000 users representing over 50,000 clients. CitiDirectSM BE Mobile will continue to be rolled-out globally throughout the remainder of the year.

"As a leading global financial services company, Citi is committed to providing its clients with cutting-edge financial services and high-tech solutions to support their business across the globe. We are glad to offer this new service to our clients in Russia and CIS countries, thereby allowing them to embrace mobile solutions and achieve efficiency gains," said Natalia Belaya, Vice President, Head of Cash Management for Citi Russia, Central and Eastern Europe.

CitiDirectSM BE Mobile recently received the prestigious 2012 Monarch Innovation Award for the "Overall Most Innovative" financial service offered.