Following a string of high profile technical blackouts, Britain's biggest banks have been urged by the UK's influential Treasury Select Committee to invest more resources to improve their technology infrastructure and to appoint board directors with knowledge of IT.
HSBC has led a $10.5 million Series B funding round for New York-headquartered cognitive computing startup CustomerMatrix.
Markit (Nasdaq:MRKT), a leading global provider of financial information services, today announced that HSBC has transferred the ALBI, ADBI and AHBI indices to the Markit’s iBoxx family of indices. Financial terms were not disclosed.
Spanish bank BBVA now has 500 staff members working in small scrum teams to rush through the development of new projects, representing a five-fold increase over the past year.
HSBC is applying lessons learned from behavioural science with the launch of a new app designed to 'nudge' its customers into making better financial decisions.
HSBC is to issue contactless credit cards to its 575,000 Business Credit and Corporate Credit customers in the UK, giving them an insight into sub-£30 purchasing spend on their accounts.
HSBC chief operating officer John Hackett has taken the unusual step of posting a video on Twitter to apologize for the two days of disruption to online and mobile banking services as UK customers returned to work in the New Year.
Blockchain technology, cognitive computing and biometric security feature among the shortlisted applications selected to participate in Accenture’s 2016 FinTech Innovation Lab London.
Online problems at HSBC have run into a second day as the bank begins an inauspicious start to the New Year.
Trussle, the online mortgage adviser, today announced its mission to help millions of UK homeowners save money, with its free service that automatically determines when borrowers are paying over the odds for their mortgage and helps them switch products.
© Finextra Research 2016