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.
HSBC, a global leader in global liquidity solutions, today announced the launch of a powerful new tool that will enable treasurers to automate the allocation and investment of excess cash.
Bank customers across the UK were unable to log in to their accounts this morning because of a major technical fault at internet service provider BT.
Catherine Duchel, Product Manager, HSBC, summarises how PSD2 might impact corporates and European banking, and what treasurers could do to navigate this regulatory evolution.
Jenn Doherty, Global Head of Commercialisation, Liquidity & Investment Products at HSBC, discusses how liquidity investment solutions can reduce manual effort and cost, and how treasurers can prepare for and get the most out of these automated off-balance sheet money movements by understanding their day to day activities in a manual environment in order to automate them going forward.
Tradeshift today announced that new and existing investors have joined the
company’s $75 million Series D funding, including venture capital firm and
round leader Data Collective (DCVC), HSBC, American Express Ventures,
Notion Capital, CreditEase Fintech Investment Fund, managed by CreditEase,
and Pavilion Capital, a subsidiary of Temasek Holdings.
The Monetary Authority of Singapore (MAS) has issued a consultation paper proposing a regulatory sandbox for fintech startups and pilot schemes.
HSBC is to shutter half of its branches in India as part of an ongoing global initiative to shift more business to digital channels.
Google's Android Pay has launched in the UK, enabling millions of Brits to make contactless instore and in-app payments with their handsets.
© Finextra Research 2016