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Citibank Introduces remote electronic deposit service
MUMBAI: Citibank announced Citibank remote check deposit which is an electronic deposit service for its commercial business clients. This service will allow clients to deposit checks into their bank accounts without taking them to a branch or mailing in the items. CitiBusiness clients will now be able to digitize checks from remote locations, such as their business offices, and transmit them electronically to the bank in real time. Business clients will be offered a comprehensive, remote deposit service including state-of-the-art image processing technology and top-quality scanning equipment with full replacement warranty. The processing technology is being provided by Banklink, a unit of Fiserv, Inc which is a payment processors, with over 20 years‘ experience in processing and imaging technologies, says an official release. “Our clients will now be able to save time and money by using this remarkable new service,” said Jorge Bermudez, Chief Executive Officer of Citigroup‘s Commercial Business Group. “By reducing or eliminating the need to physically transport checks for deposit, clients will be able to conduct more of their banking business at times which are most convenient for them,” Mr. Bermudez added. Citibank‘s remote check deposit provides clients with benefits like virtual elimination of geographic limitations, convenience of making deposits electronically directly from a safe and secure business location, an efficient use of working capital and an extended time frame for same day deposits. The new service has also incorporated numerous safety and security features to protect both the bank and its customers from the risk of mishandling a deposit.
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With 57 per cent single new users, Ashley Madison rebrands as discreet dating platform
Platform says majority of new members now identify as single
INDIA: Ashley Madison is shedding the “married-dating” label that defined it for two decades, repositioning itself as a platform for discreet dating in what it calls the post-social media age.
The rebrand, unveiled in India on 27 February, 2026, marks a structural shift in business model and identity. Once synonymous with married dating, the company now describes itself as the “premier destination for discreet dating” under a new tagline: Where Desire Meets Discretion.
The pivot is data-driven. Internal figures show that 57 per cent of global sign-ups between 1 January and 31 December, 2025 identified as single: a notable departure from the platform’s married core. The company argues that its community has already evolved beyond its original positioning.
“In an age where our lives have been constantly put on public display, privacy has become the new luxury,” said Ashley Madison chief strategy officer Paul Keable. He framed the platform’s offering as “ethical discretion” for singles, separated, divorced and non-monogamous users seeking private connections.
The shift also taps into wider digital fatigue. A global survey conducted by YouGov for Ashley Madison, covering 13,071 adults across Australia, Brazil, Canada, Germany, India, Italy, Mexico, Spain, Switzerland, the UK and the US, found mounting discomfort with hyper-public online lives.
Among dating app users, 30 per cent cited constant swiping and messaging as a source of fatigue, while 24 per cent pointed to pressure to curate public-facing profiles and early personal disclosure. Some 27 per cent said fears of screenshots or information being shared contributed to exhaustion; an equal share cited unwanted attention.
The retreat from oversharing appears broader. According to the survey, 46 per cent of adults actively try to keep most aspects of their life private online. Only 8 per cent feel comfortable sharing most aspects publicly, while 35 per cent say they are becoming more selective about what they disclose.
Ashley Madison is betting that this cultural recalibration towards controlled visibility can be monetised. By doubling down on privacy infrastructure and reframing itself around discretion rather than infidelity, the company is attempting to convert reputational baggage into a premium proposition.
