Marcus Treacher, Global Head, Innovation, Payments & Cash Management, HSBC, discusses the challenges of implementing ISO20022, best practice for implementation across peer banks and dealing with emerging markets.
HSBC customers can now register to use Paym when it launches on 29 April.
Person-to-person mobile payments service Paym will be rolled out by Britain's banks at the end of this month.
The UK is in the midst of a technology-led banking revolution as Brits shun branches in favour of their mobile phones, figures from the British Bankers Association show.
HSBC customers can now open a Loyalty Cash ISA on the go via their HSBC mobile banking app, which rewards customers with a loyalty rate when they pay at least £1 into the ISA each year (currently between 1.4% and 1.6% AER variable depending on the current account they hold).
M&S Bank today announces that Colin Kersley, CEO of M&S Bank, has made the decision to retire from the business after five years' at M&S Bank and 39 years' with HSBC, with effect from 30th April 2014.
UK mobile commerce outfit Zapp says it is hopeful of bringing more major banks onboard ahead of its launch later this year but has still not gone public with any retail partners.
The person-to-person mobile payments service being prepped by Britain's banks for a launch later this year has been christened Paym.
HSBC Bank (China) Company Limited ("HSBC China") today launched a centralised renminbi ("RMB") cross-border transaction management solution for its corporate clients in the China (Shanghai) Pilot Free Trade Zone ("Shanghai FTZ") by delivering the new service to Saint-Gobain via its subsidiary in the pilot zone.
HSBC Bank USA, N.A. (HSBC) today announces the launch of a new fraud prevention device which provides valuable extra security for its personal internet banking customers.
© Finextra Research 2014