Citi is converting its insight into consumer spending into a new advertising venture by launching Citi Commerce Media. The platform draws on billions of transaction data points from the bank's U.S. card portfolio to link consumer brands directly with cardholders.
Ads will appear within Citi's mobile app and website, giving brands a channel to reach customers based on actual purchase behavior. The move marks Citi's entry into the advertising market through its card business.
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