Heres How Citi Partnered With Apple on Apple Pay

The transcript covers Citigroup's approach to venture investing, highlighting partnerships with major firms like Andreessen Horowitz and Sequoia. It discusses the potential of Square in the finance industry and its recent ventures. The collaboration with Apple Pay is explored, emphasizing its innovative approach to mobile payments. The conversation also touches on Citigroup's diversity efforts, particularly in promoting women in senior roles, and the challenges of balancing career and family for women.

What is the bank's strategy in venture investing?

• Focusing solely on internal innovation

• Partnering with major venture firms to help companies scale

• Avoiding partnerships with other firms

• Competing directly with firms like Andreessen Horowitz

How does the bank view the market potential for companies like Square?

• Declining due to competition

• Stable but not growing

• Huge and full of opportunities

• Limited and risky

What is a key feature of Apple Pay that the bank finds intriguing?

• Its use of traditional credit card numbers

• The unique identifier number for customer confidence

• Its limited market reach

• The lack of innovation in its technology

What is the bank's focus regarding women in leadership?

• Focusing only on entry-level positions

• Reducing the number of women in leadership

• Maintaining the current diversity levels

• Increasing the number of women in senior ranks

What is the bank's stance on benefits like egg freezing?

• Strongly supportive

• Completely against

• Indifferent to such benefits

• Uncertain and sees it as a complex issue