HSBC

660 results about this entity

Period: 17 May 2007 - 24 May 2024

/payments

HSBC to take on Wise with launch of money transfer app

HSBC is looking to take on money transfer behemoth Wise with the launch of a global currency conversion app.

/identity

Digital ID firm Yoti scores £12.5m debt funding from HSBC

Digital identity company Yoti has received £12.5 million debt funding from HSBC, and a further £7.5 million convertible debt funding from existing shareholders.

/startups

HSBC expands technology scale-up lending by £100 million

HSBC UK has announced the expansion of its ‘Growth Lending’ fund from £250 million to £350 million in response to growing demand from high-growth tech scale-ups.

/wholesale

HSBC pioneers new ‘fast-track’ digital trade finance demand guarantee

HSBC has launched a pioneering new ‘fast-track’ digital trade finance demand guarantee to help customers trade internationally in a more seamless, secure and efficient way.

/security

HSBC trials quantum protection for AI-powered FX trading

HSBC has piloted the use of quantum key encryption to protect client FX trading data from the threat of increasingly powerful cyber attacks.

/startups

SVB UK - now HSBC Innovation Banking - launches in Hong Kong

HSBC announced today it has officially launched HSBC Innovation Banking in Hong Kong, delivering a globally connected and specialised proposition for venture-backed businesses and their investors. This marks a new milestone in the Bank’s long-standing history of empowering young, fast-growing companies in the city and wider region, adding further support to the funding ecosystem.

/people

HSBC names executive team for new embedded finance fintech

HSBC has named the executive team that will spearhead a new embedded finance joint venture in the transaction banking arena

/retail

HSBC customers hit by mobile banking outage

Thousands of HSBC customers in the UK have been unable to access online and mobile banking services, preventing them from authorising online card purchases on Black Friday.

/devops

Concepts to commercialisation: Growing digital assets

In the lead up to Singapore Fintech Festival, Lee Zhu Kuang, Chief Digital, Data and Innovation Officer for Securities Services, HSBC, evaluates the transformative impact of tokenisation and the role of AI standardisation in enhancing scalability and interoperability. We discuss the impact of digital assets and the need to balance financial expertise, regulatory compliance, custody services, and investor security for sustainable industry growth.

/retail

Generative AI: The tipping point for future banking

In the lead up to Singapore Fintech Festival, Shayan Hazir, HSBC's Chief Digital Officer for ASEAN, considers initiatives to integrate Artificial Intelligence into current financial infrastructure and the importance of experimentation and collaboration for operational transformation. We discuss the challenges in data orchestration, responsible implementation, public utilities and identify future opportunities in this space.

/regulation

Singapore develops generative AI risk framework; digital money and ESG also to the fore

The Monetary Authority of Singapore has brought together banks and tech firms to develop a generative AI risk framework and is now exploring how the technology can be used in the financial services sector.

HSBC goes live on Broadridge distributed ledger sponsored repo solution

Further expanding the network across the global repo market, Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that HSBC is the next client to successfully go live on the newly launched sponsored repo solution built on Broadridge’s DLT enabled Distributed Ledger Repo (DLR) platform.

/crypto

HSBC to roll out custody platform for tokenized securities

HSBC is moving deeper into the digital assets market with the launch of an institutional grade custody service for tokenized securities using technology from Ripple-owned Swiss crypto safekeeping firm Metaco.

/security

HSBC warns of spike in dummy apps

HSBC has issued an urgent fraud warning after a spike in the number of UK customers downloading dummy apps that trick users into handing over financial information.

/markets

ADX teams with HSBC on the introduction of digital bonds

Abu Dhabi Securities Exchange (ADX) and HSBC Bank Middle East Limited (HSBC) are working together in the first regional collaboration of its kind to develop digital fixed-income securities, paving the way for the introduction of a broader array of capital market use cases in the Middle East.

/crypto

Visa trials tokenised deposits for e-HKD pilot programme

Visa has disclosed the findings of a pilot test of tokenised deposits for B2B payments with HSBC and Hang Seng Bank as part of trials of an e-HK CBDC programme.

/wholesale

HSBC becomes first bank in the world to offer tokenised gold

HSBC has unveiled a platform that uses distributed ledger technology to tokenise the ownership of institutional clients’ physical gold held in the bank’s London vault.

/payments

HSBC tests tokenised deposit platform for global treasury payments

HSBC has successfully tested the use of tokenised deposits in intra-group treasury transactions using blockchain technology provided by China's Ant group.

/people

Tradeshift sacks CEO over allegations of sexual assault

Tradeshift, a Danish fintech heavily backed by HSBC, has fired its CEO over "serious allegations of sexual assault and harassment".

/retail

Will Metro Bank be 2023’s next banking collapse?

Metro Bank has had a rough week. News that the UK challenger bank was planning to raise up to £600 million from investors, prompted financial watchdogs to summon the bank’s bosses for a sit-down.