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Mastercard virtual card app goes live with HSBC and Westpac

Mastercard has launched a mobile virtual card app targeting financial institutions with HSBC and Westpac the first clients for the new offering. The firm aims...

HSBC to boost M&S credit card benefits via digitisation

HSBC UK and M&S have signed a new agreement that focuses on digitising the latter’s credit card and payment solutions to provide additional benefits...
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MAS launches ‘first’ centralised platform to combat fraud

The Monetary Authority of Singapore (MAS) has launched COSMIC, a centralised digital platform to allow sharing of customer information to combat several types of...

Nationwide gives back to customers with community fund

Nationwide has announced it will be trialling a new community fund that will see it donate £200 for every new current and savings account...

HSBC confident in macroeconomic outlook in face of global uncertainty

HSBC has reported record annual profits driven by general cross-segment revenue growth across its business, although noting that economic recovery in one of its...

HSBC supports companies in “Google Cloud Ready – Sustainability” ecosystem

HSBC has partnered with Google Cloud to accelerate climate mitigation and resilience, offering finance support for companies in the programme.The ‘Google Cloud Ready –...

HSBC hit with £57.4m fine for depositor protection failures

One of the UK’s largest banks has been fined £57.4m by the Prudential Regulation Authority (PRA) for failing to meet the Bank of England’s...

HSBC joins race to acquire Tesco Bank

HSBC, amongst other suitors, has shown interest in acquiring Tesco Bank as the latter announced it was exploring a sale last February.  According to a...

HSBC rolls out Zing platform in line with global payments strategy

HSBC has informed Bloomberg about its ‘global vision’ in the payments processing space, as the UK multinational bank launches a new money transfer app,...

HSBC turns SVB UK into new innovation banking centre

After buying the collapsed Silicon Valley Bank (SVB) UK earlier this year, HSBC is turning the commercial bank into a new innovation banking centre...

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