Tag: hsbc
Programmable money edges closer to cross-border FX reality
Project Guardian report explores potential of tokenised bank liabilitiesA new report published under the Monetary Authority of Singapore’s Project Guardian initiative suggests tokenised commercial...
HSBC, Lloyd’s & TSB respond to UK Gov’s queries over recent...
Major UK banks have responded to inquiries from the Treasury Committee after IT failures left thousands of customers unable to access their accounts.Correspondence published...
HSBC closes currency conversion app Zing after one year
HSBC has shut down its currency conversion app Zing after launching in January 2024 to compete with similar apps such as Wise. Zing was HSBC’s...
UK to step up financial services relationship with China to tune...
Despite some major points of contention and political tensions between the two countries, the UK and China have agreed to strengthen links around financial...
ASIC sues HSBC for ‘letting its customers down’
Australian Securities and Investments Commission (ASIC) has sued HSBC over allegedly failing to adequately protect its customers against fraud. ASIC claims that HSBC Australia did...
HSBC Flexipay signs first partner amid UK BNPL growth
HSBC has secured the debut partner for its HSBC Flexipay platform, the company’s answer to the rising popularity of buy now, pay later (BNPL).The...
Future Identity Festival: unique ‘science fiction’ AI fraud could be around...
Artificial Intelligence (AI) has accelerated elements of identity fraud but has yet to threaten the sector in a unique way, according to a panel...
Fraudulent QR codes spark concern from banks and regulators
Banks such as Santander, HSBC and TSB, along with UK and US agencies, have raised concerns about rising fraud via fake QR codes.These entities...
HSBC unveils virtual account to simplify cross-border payments
HSBC has launched a virtual account solution for banks, enabling merchants on e-commerce platforms to receive euro and pound sterling payments via local accounts.This...
HSBC ups its embedded finance game with Tradeshift JV
HSBC has become the latest major retail bank to look to the possibilities of embedded finance by launching a new platform in this area.The...
