Seven of Europe's biggest banks are collaborating on the development of a shared cross-border trade finance platform for small and medium -sized companies that harnesses the power of distributed ledger technology.
HSBC is to launch a P2P mobile payment app in Hong Kong in early 2017, taking on established market operator Jetco.
Bloomberg today announced that HSBC Private Bank, and more than a dozen corporations and financial institutions, have adopted Bloomberg’s MARS Collateral Management and reconciliation solution to comply with new variation margin requirements for non-centrally cleared over-the-counter (OTC) derivatives.
MasterCard's £700m acquisition of UK-based payment provider VocaLink has hit a snag after the Competition and Markets Authority (CMA) voiced concerns over the deal.
HSBC in the UK and Australia's NAB are both entering the API game by opening developer portals that give third parties access to some of their data.
Almost one in three workers in London face an uncertain future over their employer's plans to relocate the business.
HSBC and Reliance Industries have completed a landmark digital transaction in India, involving the electronic presentation of export documents under a Letter of Credit, that paves the way for faster and more cost-efficient cross-border trade.
Diane Reyes, Global Head of Liquidity and Cash Management, HSBC, talks about how wholesale customers are leveraging mobile, and the need for banks and fintechs to partner to create viable end to end solutions.
The Financial Conduct Authority is inviting fintech startups and banks to apply to join its second regulatory sandbox cohort, where innovative financial products can be tested before proceeding to authorisation.
HSBC has established a fintech R&D lab in collaboration with the Hong Kong Applied Science and Technology Research Institute Company Limited (Astri).
© Finextra Research 2017