HSBC - News, Articles & Research

HSBC AM leads €12 million investment in Unbox

Value exchange network Unbox has closed a €12 million Series A round with support from HSBC Asset Management and Belgian sovereign wealth fund subsidiary SFPIM.

09 January 2024

News/payments

HSBC to take on Wise with launch of money transfer app

HSBC is looking to take on money transfer behemoth Wise with the launch of a global currency conversion app.

02 January 2024

Company announcement/identity

Digital ID firm Yoti scores £12.5m debt funding from HSBC

Digital identity company Yoti has received £12.5 million debt funding from HSBC, and a further £7.5 million convertible debt funding from existing shareholders.

22 December 2023

News/startups

HSBC expands technology scale-up lending by £100 million

HSBC UK has announced the expansion of its ‘Growth Lending’ fund from £250 million to £350 million in response to growing demand from high-growth tech scale-ups.

22 December 2023

Company announcement/wholesale

HSBC pioneers new ‘fast-track’ digital trade finance demand guarantee

HSBC has launched a pioneering new ‘fast-track’ digital trade finance demand guarantee to help customers trade internationally in a more seamless, secure and efficient way.

11 December 2023

News/security

HSBC trials quantum protection for AI-powered FX trading

HSBC has piloted the use of quantum key encryption to protect client FX trading data from the threat of increasingly powerful cyber attacks.

06 December 2023

Company announcement/startups

SVB UK - now HSBC Innovation Banking - launches in Hong Kong

HSBC announced today it has officially launched HSBC Innovation Banking in Hong Kong, delivering a globally connected and specialised proposition for venture-backed businesses and their investors. This marks a new milestone in the Bank’s long-standing history of empowering young, fast-growing companies in the city and wider region, adding further support to the funding ecosystem.

01 December 2023

News/people

HSBC names executive team for new embedded finance fintech

HSBC has named the executive team that will spearhead a new embedded finance joint venture in the transaction banking arena

28 November 2023

News/retail

HSBC customers hit by mobile banking outage

Thousands of HSBC customers in the UK have been unable to access online and mobile banking services, preventing them from authorising online card purchases on Black Friday.

24 November 2023

Finextra TV/devops

Concepts to commercialisation: Growing digital assets

In the lead up to Singapore Fintech Festival, Lee Zhu Kuang, Chief Digital, Data and Innovation Officer for Securities Services, HSBC, evaluates the transformative impact of tokenisation and the role of AI standardisation in enhancing scalability and interoperability. We discuss the impact of digital assets and the need to balance financial expertise, regulatory compliance, custody services, and investor security for sustainable industry growth.

20 November 2023

Finextra TV/retail

Generative AI: The tipping point for future banking

In the lead up to Singapore Fintech Festival, Shayan Hazir, HSBC's Chief Digital Officer for ASEAN, considers initiatives to integrate Artificial Intelligence into current financial infrastructure and the importance of experimentation and collaboration for operational transformation. We discuss the challenges in data orchestration, responsible implementation, public utilities and identify future opportunities in this space.

17 November 2023

News/regulation

Singapore develops generative AI risk framework; digital money and ESG also to the fore

The Monetary Authority of Singapore has brought together banks and tech firms to develop a generative AI risk framework and is now exploring how the technology can be used in the financial services sector.

16 November 2023