HSBC - News, Articles & Research

Company announcement/payments

HSBC rolls out multicurrency payment platform for Kong Kong e-commerce merchants

HSBC today unveiled a new one-stop digital payment solution for small-and-medium enterprises (SMEs) in Hong Kong. Called HSBC Merchant Box, the solution simplifies international payments across regional and global eCommerce platforms for SMEs and makes it possible to ‘receive like a local’ at real-time exchange rates.

09 February 2023

News/security

Virgin Money and TSB scolded over online security risks

Starling Bank and HSBC top the charts for online banking security acording to tests carried out by Red Maple Technologies on behalf of consumer champion Which?, while Virgin Money and TSB brought up the rear.

07 February 2023

News/markets

EIB issues its first ever digital bond in pound sterling

The European Investment Bank (EIB) has priced its first ever £50 million digital bond using a combination of private and public blockchains operated and accessed via HSBC's tokenisation platform, Orion.

01 February 2023

News/people

HSBC hiring for digital asset and tokenisation jobs

The cryptocurrency sector may have been in the doldrums in recent months, but global banking giant HSBC is still looking to boost its expertise in the area, advertising for senior digital assets and tokenisation staffers.

01 February 2023

News/startups

Leading banks contribute to fintech onboarding with Enterprise Ready Questions

TechPassport has launched its Enterprise Ready Questions (ERQs) with contributions from fifteen tier 1 banks, including HSBC, Morgan Stanley, and Zopa Bank.

20 January 2023

News/payments

Universal Digital Payments Network launched at Davos

A Universal Digital Payments Network (UDPN) for stablecoins and Central Bank Digital Currencies (CBDCs) was launched at the World Economic Forum (WEF) in Davos. The network aims to provide interoperability between these digital currencies.

20 January 2023

News/regulation

HSBC gets warning for open banking failures

HSBC has once again fallen foul of the UK's Competition and Markets Authority (CMA) for publishing inaccurate information through its Open Data APIs.

20 January 2023

News/crypto

Banque de France, HSBC, IBM test interoperability of wholesale CBDC

Following experiments demonstrating that DLT can be used with existing networks to complete CBDC financial transactions in real-time, Banque de France, HSBC and IBM have published a paper exploring their key findings.

16 December 2022

Company announcement/payments

HSBC partners Extend to enable virtual cards for US SMBs

Extend, a leading virtual card and spend management platform, today announced a partnership with HSBC, one of the world’s largest banking and financial services organizations.

14 December 2022

News/retail

HSBC to shut 114 more branches next year; offers free tablets to customers impacted

HSBC is to shutter 114 bank branches in the UK next year, as footfall on the high street declines further in the wake of the Covid pandemic.

30 November 2022

Company announcement/payments

HSBC and Wells Fargo expand DLT solution to include offshore Yuan

HSBC Bank and Wells Fargo & Company (NYSE: WFC) today announced that the blockchain-based solution they are using for bilateral FX settlements is expanding to include the offshore Yuan (CNH).

18 November 2022

News/crypto

US banks launch digital asset settlement platform PoC

Some of the biggest names in the US banking industry are coming together on a proof of concept for a regulated digital asset settlement platform.

16 November 2022

Company announcement/payments

Saxo and HSBC partner for fund transfers in Singapore

Saxo, a leading Fintech specialist that connects people to investment opportunities in global capital markets, has worked with HSBC to incorporate eGIRO and FAST Direct Debit Solution to support real-time funds transfer into its trading and investing platforms.

04 November 2022

News/sustainable

UK watchdog bans HSBC climate change ads

The UK's Advertising Standards Authority (ASA) has banned HSBC from running two advertisements, concluding that they are "misleading" about the bank's climate change efforts.

19 October 2022

Company announcement/cloud

HSBC enlists Oracle for digital transformation

Oracle and HSBC, one of the world’s largest financial services organizations, today announced a strategic collaboration to accelerate the bank’s digital transformation.

19 October 2022

News/payments

Sibos 2022: Payments trends, from 2020 – 2023

Hannah Wallace, head of FinextraTV, took to the stage at Sibos 2022 in Amsterdam to interview Manish Kohli, global head of global payments solutions at HSBC, about the latest payments innovations, what is impacting the financial services industry on a global scale and how banks can support the evolving needs of the customers.

13 October 2022

News/wholesale

HSBC takes receivables finance online with Trade Ledger

HSBC has cut the approval process for new Receivables Finance (RF) customers from one to two months to under 48 hours, using a new technology platform from Trade Ledger

11 October 2022

News/Sibos

Sibos 2022: Mastercard showcases Global Treasury Intelligence

Mastercard has launched a new platform to help corporate treasurers keep track of payment flows across multiple business lines.

10 October 2022

Company announcement/wholesale

HSBC launches trade finance platform in UK and Hong Kong

HSBC has launched HSBC Trade Solutions (HTS) to customers in its two largest markets - the UK and Hong Kong. While making trade simpler, faster, and safer for customers through integrated digital journeys, HTS will power commerce that is rapidly evolving across different platforms and ecosystems.

07 October 2022

News/Sibos

Sibos 2022: Uncovering value for banks in the Metaverse

As Sibos edges ever closer, Finextra has reached out to a clutch of the conference’s expert speakers to share their thoughts on leading industry trends and what they expect to take from Sibos 2022.

04 October 2022