After a weekend which saw many Barclays customers unable to make instore payments and ATM withdrawals, today it was the turn of HSBC business banking clients to suffer, locked out of their accounts online.
UK bank NatWest has launched a digital platform that lets small and medium sized businesses quickly apply for and obtain unsecured loans of up to £150,000.
HSBC is offshoring around 200 UK IT jobs to India, China and Poland and shutting 62 branches with the loss of another 180 positions.
Billed as the biggest expansion in face-to-face banking in a generation, the UK's banks have struck an industry-wide deal to conduct day-to-day banking tasks across the national Post Office network.
HSBC has formed a tech advisory board to help steer the bank's IT strategy as it looks to take advantage of technological innovation and combat cyberscrime.
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.
© Finextra Research 2017