HSBC announced at the ‘Sibos’ financial services conference in Geneva today that it has built a multi-hub capability to enable investors such as pension funds, asset managers and insurers to participate in the global financing of cross-border trade.
SWIFT announces today that HSBC is the first customer to use its new FX Business Insights information service.
Working under the R3 banner, a gang of eight banks have successfully tested a distributed ledger prototype for bond transactions using Intel technology.
In the latest example of a bank bidding to ditch the pinstripes in favour of hoodies, HSBC is apparently on the hunt for a major fintech-focussed office space in the heart of London's hipster scene, Shoreditch.
In the latest blockchain experiment carried out under the R3 banner, major banks including Citi and HSBC are looking into how distributed ledger technology can be used to simplify reference data processes.
This is the new-look for the first phase of Sheffield’s long-awaited retail quarter – an artist’s impression of HSBC’s new office after the banking giant was confirmed as the first anchor tenant of the £480m scheme.
HSBC is to enable business customers to open an account via facial recognition technology, following a trend set by the likes of MasterCard and challenger bank Atom.
Leeds Building Society has strengthened its IT Risk and Governance team with the appointment of a new lead for this area.
Bank of America Merrill Lynch, HSBC and the Infocomm Development Authority of Singapore have claimed success in demonstrating the application of distributed ledgers to replace paper-based Letters of Credit in trade finance transactions.
Xenomorph, a provider of data management technology to banks, investment managers and insurance companies, has announced a significant new funding agreement from HSBC.
© Finextra Research 2017